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Annuity sales spike as investors sought protection in Q4 Total U.S. annuity sales hit $58.7 billion in the last three months of the year, up 2% from the $57.6 billion during the same timeframe in 2019, according to data published by Limra’s Secure Retirement Institute. But sales were down for the full year. January 26, 2021 3 MINS Annuity sales saw a bump during the fourth quarter of 2020 as investors sought refuge from a volatile market and uncertain world. Total U.S. annuity sales hit $58.7 billion in the last three months of the year, up 2% from the $57.6 billion du...

New variable annuity and living benefits provide income flexibility and the certainty of a simple- interest credit and protected lifetime income   NEWPORT BEACH, Calif. – Jan. 19, 2021 —Pacific Life launched Pacific Choice® Income, a new variable annuity with two living benefits—Enhanced Income Select 2 and Future Income Generator. Designed to help consumers grow and protect their retirement income, this new offering provides the flexibility to withdraw income when clients need it most. For clients who are planning an active retirement and want to maximize their income with flexib...

Jessica Cejnar / Friday, Jan. 8 @ 11:15 a.m. / Ocean California Crab Fishermen Reduce Asking Price To $3.10; Representative for Processors Says COVID-19 Effects On Dungeness Market Continue Dungeness crab brought into Citizens Dock in Crescent City await distribution to markets elsewhere. Photo: Jessica Cejnar Though they’ve budged on price a bit, Dungeness crab fishermen and seafood buyers continue to haggle. However processors are still feeling the effects of the COVID-19 pandemic, according to Lori L. Steele, West Coast Seafood Processors Asso...