Allstate Corp. is one step closer to shedding its life and annuity businesses for good.
An RILA has some potential for returns and some protection against loss. That combination had great appeal last year:
New study from Boston College says that demographics play a crucial role in determining the value of an annuity to any given investor.
The Dallas-based company has acquired Brokers International, which has relationships with about 13,000 life, annuity and investment advisors.
Virginia is the latest state to adopt an updated annuity suitability rule.
The U.S. life/annuity (L/A) insurance industry saw its net income cut nearly in half in 2020, to $24 billion from $45 billion.