Annuity Market Growth: Record Sales Amid Legal Challenges
Discover the booming annuity market with record sales despite legal hurdles and regulatory challenges. Learn about industry growth and compliance issues.
Discover the booming annuity market with record sales despite legal hurdles and regulatory challenges. Learn about industry growth and compliance issues.
Former GM worker Ed Bambas lost his pension after the 2009 bankruptcy, highlighting risks in retirement security for auto industry employees. A viral fundraising campaign later secured his financial future.
A consumer advocate warns state insurance regulators about the risk that life insurance policies, pensions, and annuity benefits may go unclaimed, posing challenges for providers and regulators.
Arthur J. Gallagher & Co. strengthens UK pension and employee benefits services with acquisition of First Actuarial, expanding its global insurance consultancy footprint.
Allianz to keep total interest rates stable for German life insurance policies in 2024, signaling financial stability amid recovery from low rate era. Insights on guaranteed interest and profit participation.
The PRA is assessing FundedRe transactions' regulatory treatment to address risk underestimation and market competitiveness in the UK insurance sector.
Price Forbes Re appoints Isaac Sanday as global head of Life, Pensions & Annuities to lead expansion in reinsurance broking services across global markets.
US Bancorp retirees face a setback in their class action suit regarding pension calculations, as the court denies certification due to complex pension formats.
The Social Security Fairness Act increases benefits for millions by repealing provisions that previously reduced payments for certain retirees. Learn how this impacts you.