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The company's main center for broker-dealer (the ING Financial Partners division) [2] and annuities businesses is located in Des Moines, Iowa. [5] This center was first established in 1997 and employed 400 as of late 2014. [2][5] On July 31, 2017, Voya entered into an agreement with Cognizant to outsource a broad range of IT services, resulting in layoffs and jobs transferred to Cognizant. [6]
How do lower interest rates impact annuities? Each insurance company sets its own rate of return on annuities. For fixed and immediate annuities, that rate is correlated to the federal funds rate.
American International Group, Inc. (AIG) is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions. [6] As of 2023, AIG employed 25,200 people. [2] The company operates through three core businesses: general insurance, life & retirement, and a standalone technology-enabled ...
Like any source of retirement income, annuities have their pros and cons. Understanding these can help you make an informed decision about whether an annuity is right for you.
Equitable Holdings, Inc. Equitable Holdings, Inc. (formerly The Equitable Life Assurance Society of the United States and AXA Equitable Life Insurance Company, and also known as The Equitable) is an American financial services and insurance company that was founded in 1859 by Henry Baldwin Hyde. In 1991, French insurance firm AXA acquired ...
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Understanding which licenses and processes are required to sell variable annuities is an essential step for financial professionals–including financial advisors, brokers or insurance agents ...
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