Fee income from annuity sales climbed at bank holding companies during the first three quarters of 2009, according to data from Michael White Associates LLC. Fee income from the sale of fixed and ...

Windsor, CT, December 10, 2010 - Total annuity sales through the bank channel declined in October 2010 according to the Kehrer-Jackson Monthly Bank Annuity Sales Survey. Total sales were at their ...

Windsor, CT - June 25, 2008 - Total bank annuity sales fell 4 percent in April compared to the prior month, but were still up significantly year to date. According to the Kehrer-JacksonSM Monthly Bank ...

With annuities enjoying a record-breaking year in sales, experts in that market believe that success could lead to advisors continuing to use these products even after the boom has subsided. Annuities ...

Fixed-rate annuities act much like bank certificates of deposit but usually pay much higher rates than CDs of the same term. How can insurers afford to do that? After all, both banks and insurers pay ...

Overall sales of annuities though bank holding companies were up slightly at $2.62 billion in 2009, according to the latest Michael White-American Bankers Insurance Association Bank Annuity Fee Income ...

Fixed annuity sales slid in the fourth quarter of 2009 — and dropped off slightly for the full year. All told, fixed annuity sales last year topped $105 billion, according to data from Beacon Research ...

With the Federal Reserve’s interest-rate hike, annuities may seem like an attractive retirement-income strategy. After all, higher interest rates should mean fatter guaranteed incomes. But there are a ...

The banking industry’s turmoil is giving a lift to an old-fashioned product sold by life insurers. Risk-averse savers piled into annuities during the first quarter, boosting sales 47% to $92.9 billion ...

Axonic Insurance, a global annuity and insurance platform, today announced a $210 million preferred equity investment led by LuminArx Capital Management ("LuminArx"), a global capital solutions ...

TORONTO (Reuters) - The Canadian government will prevent the country's banks from selling financial products that function like life-insurer annuities, products that pay out predetermined returns ...

Though Equitable Distributors Inc. laid off 10% of its work force last month, its bank wholesaling unit stayed largely intact, according to Alex MacGillivray, president of the New York-based ...