Annuity

Are More Annuity Owners Skipping Financial Planners for Direct Buys?
Insurance Are More Annuity Owners Skipping Financial Planners for Direct Buys?

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, 2024
Can Flourish and Corebridge Transform the Annuity Marketplace?
Insurance Can Flourish and Corebridge Transform the Annuity Marketplace?

Flourish 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, 2024
Are You an Older Adult? Learn to Avoid Scams When Buying Annuities
Insurance Are You an Older Adult? Learn to Avoid Scams When Buying Annuities

Consumer 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, 2024
Luma and Gradient Partner to Transform Annuity Management for FSPs
Insurance Luma and Gradient Partner to Transform Annuity Management for FSPs

The 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, 2024
How Do IRDAI's New Rules Boost Early Policy Surrender Value?
Insurance How Do IRDAI's New Rules Boost Early Policy Surrender Value?

In 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, 2024
How Do Non-Bank Financials Impact Systemic Risk?
Insurance How Do Non-Bank Financials Impact Systemic Risk?

The 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
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