Annuities – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Wed, 13 Nov 2024 18:06:50 +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 Ontario consults on new pension payout option https://www.investmentexecutive.com/news/from-the-regulators/ontario-consults-on-new-pension-payout-option/ Wed, 13 Nov 2024 18:06:50 +0000 https://www.investmentexecutive.com/?p=496654 Consultation seeks feedback on framework for variable life benefits

The post Ontario consults on new pension payout option appeared first on Investment Executive.

]]> ALDAs protect against longevity risk https://www.investmentexecutive.com/newspaper_/insurance-guide/aldas-protect-against-longevity-risk/ Mon, 13 May 2024 04:12:00 +0000 https://www.investmentexecutive.com/?p=485264 Introduced in the 2019 federal budget, these annuities provide income beginning as late as age 85

The post ALDAs protect against longevity risk appeared first on Investment Executive.

]]> 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

The post Great-West Lifeco reports $960 million net earnings in Q1 appeared first on Investment Executive.

]]> 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

The post Manulife Financial reports $1.66B in net income in Q4 appeared first on Investment Executive.

]]> 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

The post Higher rates could lead to new products, more premium revenue for lifecos: DBRS Morningstar appeared first on Investment Executive.

]]> 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

The post Product roundup: Desjardins brings first ALDAs to market appeared first on Investment Executive.

]]> 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

The post Product roundup: Manulife offering annuities again appeared first on Investment Executive.

]]> 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

The post Annuities are a versatile option for estate planners appeared first on Investment Executive.

]]> 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

The post Rising interest rates lift interest in annuities appeared first on Investment Executive.

]]> 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

The post Former life agent fined for client servicing scheme appeared first on Investment Executive.

]]>