Prudential is once again offering variable annuities in New York, following months long suspension
The company initially put a halt on the sales due to the state’s new best-interest rules for annuity and life insurance sales.
Recent
Six U.S. insurers to pay $1.83 million for improper annuity-swapping: New York regulator
They will pay for improperly causing customers to switch their existing annuities to a different type that generated less income.
International Capital Standards Could Kill Annuities: NAIC President to Senate
The leader of the NAIC asked members of Congress to keep an international capital standards proposal from applying in the United States.
Retirement Income: Not Just Dividends
While you’re preparing for retirement, having a portfolio of dividend-paying stock investments is great. But is that all you should have?
Annuity Sales ‘On An Upswing’; Second Quarter Data Confirms
Overall annuity sales rose 5.2 percent in the second quarter of 2019.
New York Regulators Send Income Annuity Exchange Warning
Issuers have to be as careful about consumer protection when they’re rolling assets from deferred annuities into immediate annuities.
Congress Wants to Make Your 401(k) More Like a Pension. Here's the Problem With That
The bill aims to improve retirement plans in a number of ways, and one of the biggest changes is to make it easier for 401(k) plans to offer annuities
