The National Insurance Commission has issued fresh regulations on annuity business with effect from February 1, 2025, in a bid to sanitise that segment of the market. An annuity is a contract ...

Policygenius examines the simultaneous popularity and mystery surrounding annuities in an uncertain American economy and ...

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 ...

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

Insurance companies are snapping up asset-backed bonds to fund future payouts on their annuity products which are seeing record demand — a trend that is expected to continue, according to Morgan ...

With an annuity, you pay a lump sum to an insurance company in return for a guaranteed income stream. Annuities What is an annuity? How do annuities work? Types of annuities Best annuity companies ...

A fixed annuity is a long-term investment that provides a predictable income stream. Offered by insurance companies, banks and other financial institutions, it guarantees a fixed interest rate and ...

Some common fees include: Administrative fees: This covers the cost of managing the annuity. Mortality and expense risk charges: Insurance companies charge this fee for guarantees provided in the ...

Generally, this concern starts when you receive aggressive sales tactics from insurance agents who want to sell you the annuity that earns the highest commission. This is a significant and ...

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 ...