Annuities – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Thu, 02 May 2024 18:32:01 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png Annuities – Investment Executive https://www.investmentexecutive.com 32 32 Great-West Lifeco reports $960 million net earnings in Q1 https://www.investmentexecutive.com/news/industry-news/great-west-lifeco-reports-960-million-net-earnings-in-q1/ Thu, 02 May 2024 18:32:01 +0000 https://www.investmentexecutive.com/?p=485112 GWL's AUM dips below $1 trillion after Putnam sale

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Manulife Financial reports $1.66B in net income in Q4 https://www.investmentexecutive.com/news/industry-news/manulife-financial-reports-1-66b-in-net-income-in-q4/ Thu, 15 Feb 2024 17:14:30 +0000 https://www.investmentexecutive.com/?p=480549 In Canada, assets under management were up 3% in 2023

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Higher rates could lead to new products, more premium revenue for lifecos: DBRS Morningstar https://www.investmentexecutive.com/news/industry-news/higher-rates-could-lead-to-new-products-more-premium-revenue-for-lifecos-dbrs-morningstar/ Mon, 11 Dec 2023 17:32:26 +0000 https://www.investmentexecutive.com/?p=477081 While the 2024 outlook is stable, the rating agency warned about impairments from private credit and real estate investments

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Product roundup: Desjardins brings first ALDAs to market https://www.investmentexecutive.com/news/products/product-roundup-desjardins-brings-first-aldas-to-market/ Wed, 06 Dec 2023 21:31:53 +0000 https://www.investmentexecutive.com/?p=476682 Deferred annuities were first introduced in 2019 federal budget

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Product roundup: Manulife offering annuities again https://www.investmentexecutive.com/news/products/product-roundup-manulife-offering-annuities-again/ Mon, 20 Nov 2023 19:40:11 +0000 https://www.investmentexecutive.com/?p=475641 High rates and demand led the firm to re-enter the market five years after exiting

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Annuities are a versatile option for estate planners https://www.investmentexecutive.com/soundbites/fixed-income/annuities-are-a-versatile-option-for-estate-planners/ Tue, 01 Aug 2023 17:01:06 +0000 https://www.investmentexecutive.com/?p=469382 John Yanchus of Canada Life says annuities are increasingly popular in the current economic climate, and they have a lot going for them

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Rising interest rates lift interest in annuities https://www.investmentexecutive.com/news/products/rising-interest-rates-lift-interest-in-annuities/ Thu, 13 Jul 2023 13:55:55 +0000 https://www.investmentexecutive.com/?p=468635 Clients can see annuities as an attractive alternative to managing their own retirement investments

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Former life agent fined for client servicing scheme https://www.investmentexecutive.com/news/from-the-regulators/former-life-agent-fined-for-client-servicing-scheme/ Fri, 23 Jun 2023 21:14:21 +0000 https://www.investmentexecutive.com/?p=467929 FSRA brought similar allegations against the agent earlier this year

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Interest-rate hikes boost annuities sales, payouts https://www.investmentexecutive.com/newspaper_/insurance-guide/interest-rate-hikes-boost-annuities-sales-payouts/ Mon, 08 May 2023 04:10:00 +0000 https://www.investmentexecutive.com/?p=464685 Retired and near-retired clients are attracted by the products’ low risk and predictable income

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“Bank run-type scenario” at lifecos highly unlikely: DBRS https://www.investmentexecutive.com/news/industry-news/bank-run-type-scenario-at-lifecos-highly-unlikely-dbrs/ Tue, 21 Mar 2023 19:43:02 +0000 https://www.investmentexecutive.com/?p=462549 Causes of SVB failure unique to banks but some life insurance contracts with investment features are liquid, report says

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