Sammons Financial Group appoints Rob TeKolste as president in leadership restructuring aimed at accelerating growth and enhancing operational efficiency across core business units.

Steven Meier, CIO and deputy comptroller for New York City Bureau of Asset Management, manages a $306.3 billion portfolio as of September 30, focusing on public fund oversight and strategic asset management.

Vanguard is introducing a 401(k) target date fund in 2026 that allows older workers to convert savings into fixed annuities, enhancing guaranteed retirement income options amid rising U.S. annuity sales.

NexAnnuity introduces the NexCompounder Fixed Index Annuity offering diversified index strategies, principal protection, and tax-deferred growth to enhance retirement savings.

Hildene Capital Management is set to acquire SILAC Insurance Company in a $550 million deal, expanding its management of investment assets and insurance balance sheet capabilities in the U.S. annuity market.

Sammons Financial Group appoints Rob TeKolste as President, reinforcing leadership to advance growth and market strategy effective January 2026.

NexAnnuity introduces NexCompounder FIA, a fixed index annuity offering flexible retirement savings with principal protection, tax-deferred growth, and diversified index strategies linking to S&P 500 and Nasdaq-100.

Hildene Capital Management is set to acquire SILAC Inc., an annuity provider with $10B in assets, for $550M. Simultaneously, Jefferies Financial Group purchases a 50% stake in Hildene. Deals expected to close by 2026 pending regulatory approval.

Hildene Capital Management acquires SILAC Insurance Company for $550 million, enhancing its U.S. fixed and fixed indexed annuities portfolio with legal guidance from Kirkland & Ellis.

Jefferies Financial Group acquires 50% stake in Hildene Capital Management as Hildene moves to acquire SILAC Insurance, enhancing their presence in fixed indexed annuity markets and alternative asset management.