The world of annuity sales is undergoing a significant transformation. Where once financial planners and insurance agents dominated the market, a new trend is emerging. A recent study by Nationwide Annuity, which surveyed 300 U.S. clients aged 50-74 who own individual annuities, found a compelling
August 21, 2024Flourish Annuities recently announced an expansion of its annuity marketplace through a strategic partnership with Corebridge Financial. This collaboration aims to empower registered investment advisors (RIAs) with innovative financial products designed to enhance the financial outcomes of their
August 7, 2024Consumer protection remains a critical priority, especially for older adults, who are often targeted by scammers. In line with Elder Abuse Awareness Month this June, the Shapiro Administration is urging senior citizens to be cautious when purchasing annuities. Pennsylvania Insurance Commissioner
July 9, 2024The financial technology sector welcomes a groundbreaking collaboration between Luma Financial Technologies ("Luma") and Gradient Insurance Brokerage, LLC ("Gradient") aimed at revolutionizing annuity management for financial services professionals (FSPs). This union leverages
July 2, 2024In an industry often characterized by complex jargon and intricate policy details, the Insurance Regulatory and Development Authority of India (IRDAI) has emerged as a beacon of change, championing the rights of policyholders with its latest regulatory reforms. This pivot toward a
June 18, 2024The global financial landscape is a complex intertwining of stable and vulnerable elements. A critical and increasingly influential component of this system is the non-bank financial intermediaries (NBFIs). While they add dynamism to the finance sector, their growth also brings new types of
April 11, 2024