Updated Monday, April 21, 2014 as of 3:24 AM ET
Banks Report Record Annuity Sales
Annuity sales generated record revenue for banks last year.
In 2013, annuities produced $3.43 billion, up 9% from 2012, according to the Michael White Bank Annuity Fee Income Report.   more »
More in Annuities
Fixed indexed annuities have helped drive overall industry growth, as advisors at large B-Ds and wirehouses embrace the controversial products. more »
Asset growth is still the name of the game—here are the best in the bank channel. more »
Regulatory, recruiting and retirement issues dominated the agenda at the annual BISA conference. Here are some of the smartest things we heard from economists, executives and other industry leaders during the well-attended three-day event. more »
After variable annuity sales plunged in 2012, expectations are high for the coming years for new players and higher sales. more »
People underestimate the chances of dying from likely causes, like heart failure, while overestimating the chances of dying from an unlikely cause, like murder. This can cause big mistakes in retirement planning. more »
Branches are vital to attracting new customers and cross-selling to existing ones, but they're also expensive. Some banks continue to add branches, but most institutions are focused on pruning their networks to cut costs. more »
Here's a sampling of bank advisors who were recently promoted or moved to new organizations to assume roles of greater responsibility. more »
Firm's partners say they wanted 'control of our destiny -- we wanted to own our own equity.' more »
Here's a sampling of bank advisors who were recently promoted or moved to new organizations to assume roles of greater responsibility. more »
The move is part of a shift of emphasis from life insurance "to a more well-rounded protection and retirement planning approach." more »
Investment advisors will play a critical role in helping the nearly 80 million baby boomers and future generations develop a sustainable plan for retirement, a pair of senators said on Wednesday. more »
ING U.S. will begin selling fixed annuities through Allstate agencies as the largest publicly traded U.S. auto and home insurer ceases to offer its own brand of the retirement products. more »
The advisors listed here are not just home-run hitters. Rather, they are all-around players skilled in all aspects of the game. We would argue that’s the way to build success so that is what we set out to illustrate with the BIC Top 50. Today we show Nos. 26-50. Check back tomorrow for Nos. 1-25. more »
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