From March 2019 all retirement funds must offer their members annuity (pension) options that conform to regulations that came into effect in 2017.
Equitable Holdings Reinsures Legacy Variable Annuity Block to Venerable, Accelerating Capital Return
Equitable Holdings has entered into an agreement with Venerable Holdings to reinsure legacy variable annuity policies by approximately $12 billion.
Annuities have a lot of value in today’s consumer world because of the guaranteed income they provide: CEO
John Schlifske, Northwestern Mutual CEO joins the On the Move panel to discuss the impact of COVID on the life insurance industry.
Research shows that people with a guaranteed lifetime income source tend to be happier and live longer.