Also censures firm, which agrees to review its supervision practices.
Those who work with an adviser are most likely to buy an annuity.
Using dollar cost averaging within annuities can build clients' confidence about investing in the market.
Even if clients aren't paying too much for life insurance, being the first to talk to them about the costs can start the trust-building process.
Some lawmakers are warming to the notion of using annuities to help solve the nation's retirement crisis
Regulator claims Frederick David Holloway replaced lower-cost variable annuities with higher-cost ones without ensuring they were suitable or in their clients' best interests.
New book for clients and advisers focuses on strategies to maximize retirement income.
After six years of declines, sales could improve slightly if rising interest rates help insurers more easily support their guarantees.
A bipartisan effort in Congress to ease annuity use in 401(k)s follows years of related academic research.
Industry groups and investor advocates alike seek enactment of the measure that increases workplace plans, eases annuity inclusion.
Allowing groups to negotiate health plans with insurers could make it easier for small businesses to find affordable coverage.
National Association of Fixed Annuities puts focus on 5th Circuit Appeals decision to kill regulation.
Allianz Life Insurance Co. of North America shed the most money on the indexed side, and Prudential Annuities on the variable end, both losing more than $2 billion in sales year-over-year.
The fiduciary rule may be taken off the books as a result of the ruling, and an SEC fiduciary standard wouldn't cover products not registered as securities
Market Synergy Group argued the regulation treated the annuity products arbitrarily and violated rulemaking procedures.
Analysts say the insurer is the only one to guarantee its cap rates during the contract surrender period, a boon for investors but potentially opening it up to more risk.
Voya wrongly recalled securities it had loaned out to mutual fund clients early in order to give a tax benefit to its insurance affiliates.
And that's where a financial adviser truly shines — here's how to help them
Employers have increasingly offloaded their pension liabilities to insurance companies as pensions have become costly to keep on the books.
Two months after the insurer provided the names of those owed pension payments, the state has located the majority of them.
