Resources

The FIDx Five: New Sales Heights in 2023

Written by FIDx | Jan 26, 2024 4:00:00 PM

Retirement, Annuity, & Fintech Insights 

Annuity sales soared to unprecedented levels last year, driven by economic shifts and a growing demand for investment security, according to LIMRA. Discover more about that and the four other stories featured in this week’s “The FIDX Five.”

Record-Breaking Year for Annuity Sales, Reports LIMRA
2023 annuity sales marked a notable 23% increase from the previous year, driven by higher interest rates and economic factors.

Source: InsuranceNewsNet, “LIMRA: Annuity sales post another record year in 2023,” 01/24/24

A Nationwide 401(k)-to-Annuity Conversion
Fidelity takes its 401(k)-to-Income Annuity Offering national, offering retirees a new avenue for stable income post-retirement.

Source: Plan Adviser, “Fidelity Goes National With 401(k)-to-Income Annuity Offering,” 01/25/24

Leading Insurers Predict Strong Earnings Growth
Brighthouse and Prudential top earnings forecasts, signaling robust growth prospects ahead.

Source: Life Annuity Specialist, “Brighthouse, Prudential Top List of Insurers Forecasting Earnings Gains,” 01/26/24

How to Safeguard Retirement Plans Against Midlife Crises
Experts offer strategies for your clients to protect retirement savings from being derailed by midlife challenges and crises.

Source: The New York Times, “Keeping a Midlife Crisis From Wrecking Your Retirement Plan," 01/20/24

Comparing the Appeal of Crypto and Annuities
Dig into this critical analysis of whether cryptocurrencies are overshadowing annuities in mainstream investment strategies.

Source: Think Advisor, “Is Crypto More Mainstream Than Annuities?” 01/23/24

Featured articles may need subscriptions from their respective sites. 

Fiduciary Exchange LLC (FIDx) is a technology firm offering solutions that connect the brokerage, insurance, and advisory ecosystems. FIDx does not provide any advice or make any recommendations with respect to any insurance or other financial products and does not solicit, offer or sell any insurance or other financial products. Financial professional use only. © 2024 Fiduciary Exchange LLC. All rights reserved.