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NEW! Indexed Annuity Education Center Goes Live

Annuity123.com is pleased to unveil their new education center focused on explaining the pros and cons of Index Annuities that is fully accessible to anyone interested in learning the truth about these very unique products. Many Americans unfortunately don’t realize that the word “Annuity” is an umbrella term for a variety of different product types  Full Article…

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Sentinel Security Life Announces The Summit Bonus Index in North Carolina!!!

Sentinel’s newly created Summit Bonus Index Annuity has become available on NC shelves.  This highly competitive income annuity will provide your client’s the following features:     Summit Bonus Index Annuity 10 year Annuity Industry-Leading Income Rider Competitive Caps Maximum Premium Bonus – Up to 9% Issues Ages 0-80 7% Compounding Income Roll-Up for 20 Years  Full Article…

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Genworth Scheduled to Sell Management Business

Earlier this month, insurance giant Genworth Financial announced they have plans to sell their Wealth Management business.  Aquiline Capital Partners and Genstar Capital have partnered up to be the sole purchaser of Genworth’s Wealth Management business for $412.5 million.  The motivation behind the sell for Genworth is to increase financial flexibility.  This could mean we  Full Article…

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American Family Life transfers VUL’s

Earlier this month, American Family Life Insurance Company agreed to transfer the remaining variable universal life insurance and variable annuities to Kansas City Life.  The transfer comes as no surprise as with the low interest rate environment, and market volatility, many companies seem to be struggling.  American Family Life has actually been out of the  Full Article…

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AXA Sells Life and Annuity Portfolio to Protective

Financial giant AXA Financial announced earlier this week that they will be selling a closed book of annuity and life policies from their MONY Life Insurance Company to Protective Life Corporation for $1.06 Billion.  Most of the business was underwritten before 2004, and Protective has already indicated that they will retain all positions associated with  Full Article…

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Prudential Selling Wealth Management Business

Financial giant Prudential made an announcement earlier this week that they are selling off a small part of their business, the wealth management services unit.  Financial services firm Envestnet will be the purchaser of the wealth management business for amounts close to $33 million.  The main reason for Envestnet’s interest in the wealth management business  Full Article…

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National Retirement Planning Week Kicks Off

National Retirement Planning Week kicks off tomorrow, April 8th, and will run through Friday, April 12th.  This national campaign is led by Insured Retirement Institute (IRI) and the National Retirement Planning Coalition.  The goal of this week long campaign is to bring awareness to Americans on risks of retirement planning and to educate on retirement  Full Article…

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