Citius TransNet InvIT files IPO draft with SEBI to raise ₹1,340 crore for expanding its diversified portfolio of toll and annuity road assets across India, driving growth in the infrastructure sector.

Athene's co-president discusses how annuities help retirees manage low interest rates and market volatility, highlighting the growing demand driven by an aging population and the need for secure retirement income strategies.

Generation X is approaching retirement with lower financial preparedness compared to Baby Boomers, facing challenges including reduced pensions, rising healthcare costs, and reliance on Social Security amid policy shifts like SECURE 2.0.

Aviva partners with GBST to deploy Composer platform, enhancing individual annuities through automation and innovative retirement products for improved operational efficiency.

EXL completes migration of LifePRO Digital Suite to AWS, enhancing scalability, AI integration, and compliance for life and annuity insurance platforms.

Maryland Powerball players narrowly missed the jackpot, causing the prize to roll over to $1 billion. The latest drawing highlights lottery sales impact and state revenue from gaming.

Survey highlights growing demand for in-plan annuities in Target Date Funds, urging recordkeepers to invest in integration, expertise, and education to meet plan sponsor needs.

Federal Reserve cuts interest rate but signals cautious future cuts as employer health insurance costs rise faster than inflation. CFNEI CEO to speak at economic symposium.

Hildene Capital Management to acquire SILAC Insurance in a $550 million deal, expanding fixed indexed annuity offerings and investment management integration.

Key advisor team transitions in U.S. wealth management bring $1.45 billion in assets under management to Independent Financial Partners, Prudential Advisors, and Avantax, highlighting trends in advisor consolidation and tax-efficient financial planning.