Annuities can be a useful, albeit expensive financial tool to manage retirement income if one cannot or is reluctant to manage their own funds.

Hexure, a leading provider of sales and regulatory automation solutions for the life and annuity industry, announced Axonic Insurance Services ("AIS") has implemented FireLight e-application to launch ...

General Dynamics Corp., Reston, Va., purchased a group annuity contract to transfer $673 million in U.S. pension plan ...

The National Insurance Commission has recently issued new guidelines for annuity business in Nigeria, describing it as an attempt to enshrine best practices in the management of annuity portfolios by ...

The outlook for Social Security is gloomy, but you can save now to protect against benefit cuts later. If the cuts don't ...

By Brad Rhodes The nearer you are to retirement, the more pressure you are under to make sure you have a reliable and steady source of income for the remainder of your lifetime. Social Security and ...

The Tax Cuts and Jobs Act (“TCJA”), also referred to as the “Trump Tax Cuts,” reduced the corporate tax rate from 35% to 21%. This law is in the ...

Lincoln Financial Group reported fourth-quarter and full-year 2024 financial results, posting net income available to common ...

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 ...

Like its competitors, Lincoln Financial is riding huge annuity sales while setting up Bermuda reinsurance and watching interest rates.

Mondelez International Inc., Chicago, has terminated one of its U.S. pension plans and completed a buy-in transaction that ...