From regulatory shifts to client education, New York Life’s top executive outlines the steps needed to drive innovation and improvement. Check out that story and the four other ones in this edition of “The FIDx Five.”
NYL’s Annuities Chief on How the Industry Can Rise to New Challenges
Discover the key areas where the annuities industry must evolve, according to NYL’s top leader, and the opportunities that lie ahead for growth.
Source: “NYL’s Annuities Leader on Where Industry Can Improve,” InvestmentNews, 10/10/2024
Nationwide Taps New Leadership to Boost Institutional Sales
With a new leader in place, Nationwide Retirement Solutions strengthens its institutional sales team—see what this means for their clients and future strategies.
Source: “Nationwide Retirement Solutions Brings on Leader in Institutional Sales Team,” Life Annuity Specialist, 10/15/2024
Why Monte Carlo May Not Be Great
An expert weighs in on why a go-to analyses tool may not be everything we think it is.
Source: “Bond Investors Are Missing This Silver Lining from Higher Interest Rates,” ThinkAdvisor, 10/16/2024
Corebridge Dominates the Annuity Market With New RILA Launch
Corebridge solidifies its leadership position with a new Registered Index-Linked Annuity, becoming the first company to offer a full suite of annuity products.
Source: “New RILA Makes Corebridge the Biggest Company with Full Annuity Suite,” Insurance NewsNet, 10/11/2024
Federal Retirees Face Another Drop in Cost-of-Living Adjustments for 2025
As cost-of-living adjustments decrease again, federal retirees brace for another year of reduced purchasing power—find out what’s behind the trend.
Source: “Cost-of-Living Adjustments Will Decline for Federal Retirees Again in 2025,” GovExec, 10/13/2024
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