It’s the dreaded “A” word — despite the benefits they offer, retirement plan participants just don’t like annuities, or at least how they’re labeled.
Total quarterly annuity sales exceeded $100 billion in all four quarters of 2024, marking the first time this milestone was ...
This increase means that a healthy 65-year-old considering taking out an annuity now could expect to receive an annual income of £7,360, based on a £100,000 ...
U.S. annuity sales hit an all-time high last year, and that momentum is expected to continue for the next couple of years, according to Limra. Sales in 2024 skyrocketed to $432.6 billion, an increase ...
Annuity rates for 65-year-olds have increased by almost 8 per cent over the year, adding £12,960 to the total lifetime ...
Annuity rates have increased by around 8 per cent for a healthy 65-year-old over the past 12 months. Data from the Standard ...
Latest figures confirm record sales in 2024, including four straight quarters exceeding $100 billion, with most of the wins ...
A record number of single-premium pension risk transfer (PRT) contracts were sold in 2024, driven by strong sales in the ...
The pension risk transfer market continues to show growth, as total U.S. single-premium PRT sales hit $51.8 billion in 2024.
Chairman, Deepak Mohanty, recently highlighted concerns regarding the unattractive annuity rates in the National Pension ...
The attractiveness of fixed annuities has been a key driver. The Singapore life annuity insurance market is projected to grow ...