Fixed Annuities

Morningstar research shows that advisers prefer systematic withdrawals in retirement; lack confidence in their annuity know-how.

Amid all the cooling in the annuity development space, one area is picking up steam: deferred-income annuities, or longevity insurance.On Monday, Northwestern Mutual Life Insurance Co. announced the release of its Select Portfolio Deferred Income Annuity. Two weeks before that, Massachusetts Mutual

Apparently, as Ford Motor goes, so goes GM.General Motors Co. on Friday announced plans to cut its pension obligation by $26 billion by offering lump-sum payments to about 42,000 white-collar retirees. The nation's largest automaker is also shifting the balance of its plan to Prudential Insurance

Search for guaranteed income boosts sales; rising stock market fails to lift VAs

Kiley says A rating will boost distribution of annuities; carrier's premiums already on the rise

Upper-middle class more worried about life's big moments than the next 12 months

Older fixed annuities, ones that hold 3% guaranteed minimum rates, are looking pretty attractive right now

Guggenheim Partners LLC is ramping up its presence in the fixed-indexed-annuity realm with the purchase of an insurer

Carriers that have been stalwarts in the variable annuity industry are trying their hand at manufacturing and selling fixed indexed annuities.

Sales of indexed annuities surged to $8.4 billion, growing 18% from the first quarter. Meanwhile, income annuities climbed 30% to $2.3 billion during the same period.

Insurance and investment veteran Michael Kiley, who will take the helm of Security Benefit Corp. on Sept. 30, is setting his expectations high.