annuities

Prudential hit with £23.8m fine for inappropriate annuities sales

Insurer Prudential has been fined £23.8m by the UK Financial Conduct Authority (FCA) for selling annuities to customers without informing…

UK High Court bars Prudential from transferring $15bn annuities to Rothesay Life

The High Court of England and Wales has barred The Prudential Assurance Company (PAC) from transferring $15bn annuities to Rothesay…

Catholic Life Insurance to expand use of StoneRiver solutions

Catholic Life Insurance has deployed StoneRiver’s LifeApply to enhance the application and submission process for life and annuities products. The…

Brighthouse Financial launches new annuities in US

Brighthouse Financial, a US-based provider of annuity and life insurance solutions, has rolled out two annuities under its flagship Shield…