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Latest Product & Annuity News
Memorial-Day Observance – Our offices will be closed Monday, May 26thMay 21, 2026 - 1:40 PM
❄️ Best Wishes This Holiday Season ❄️ and Holiday Office ClosuresDecember 22, 2025 - 11:23 AM
Thanksgiving 2025 Holiday HoursNovember 21, 2025 - 2:26 PM
Axonic Insurance Secures a $210 Million Preferred Equity Investment from LuminArx and Deutsche BankOctober 30, 2025 - 9:21 AM
The Life and Annuity Shop – Labor Day Weekend Holiday HoursAugust 25, 2025 - 1:11 PM
Memorial-Day Observance – Our offices will be closed Monday, May 26thMay 22, 2025 - 9:46 AM
FGL FIAs in Florida Now Offer the EGMWB Rider
/in Annuity NewsFGL FIAs in Florida Now Offer the EGMWB Rider Fixed Indexed Annuities in Florida Now Offer the EGMWB* Rider Effective with the October 8, 2016 buy date, the following FIAs sold in Florida will offer the optional EGMWB* rider (not the GMWB Rider): Performance Pro® Safe Income Plus ® FG Retirement Pro® Please click below […]
Atlantic Coast Life Annuity Rate Decrease Effective 09/15/2016
/in Annuity NewsAtlantic Coast Life Annuity Rate Decrease Effective 09/15/2016 Atlantic Coast Life Annuity Rate Decrease Effective 09/15/2016 Based on current market conditions we are lowering our MYGA credit rates. Effective September 15, 2016, the rates for our Safe Harbor 5-year annuity will decrease by 10 bps, the 6-year annuity will decrease by 5 bps and the […]
Sentinel Security Life Annuity Rate Adjustment – Effective 09/15/2016
/in Annuity NewsSentinel Security Life Annuity Rate Adjustment – Effective 09/15/2016 Sentinel Security Life Annuity Rate Adjustment – Effective 09/15/2016 Effective September 15, 2016, the rates for the MYGA 5-year annuity will decrease by 10 basis points. No change for the 7-year. Additionally, our MYGA 10-year annuity rates will decrease by 5 basis points. To download an updated Annuity […]
Office closure due to inclement weather
/in Annuity NewsOur office are closing today September 1, 2016 at 4:00pm Eastern due to inclement weather due to Hermine hurricane.
Office Closing in Observance of Labor Day
/in Annuity NewsThe Life and Annuity Shop wishes you and your family a Happy Labor Day! In observance of Labor Day, our office will be closed on Monday, September 5th, 2016. We will reopen with normal business hours on Tuesday, September 6th, 2016 at 8:15 a.m. EST. Sincerely, The Life and Annuity Shop
Athene MYG Commissions Schedule Updates
/in Annuity NewsAugust 29, 2016 Athene adjusted commissions on their Athene MYG products. The new commission schedule will apply to issued Athene MYG business with applications dated on or after September 3, 2016. To obtain an updated copy of your commission schedule, please contact us. Commissions are being reduced by 50 bps on the MYG 5 and 7. […]
Athene Interest Rate Update
/in Annuity NewsAugust 25, 2016 Athene Interest Rate Update We’re adjusting rates on our Athene MYGSM , Athene AscentSM Pro , Athene Performance Elite® and Athene Benefit 10SM products as follows: Athene MYG Interest rates to increase effective August 26, 2016. Multi-Year Fixed Strategy: Initial Premium 1-Year Fixed Strategy: Additional Premium MVA (Not available in AK, CA, HI, […]
The Latest FIA Product and Commission Updates from FGL
/in Annuity NewsThe Latest FIA Product and Commission Updates from FGL Fidelity & Guaranty Life Changes Commission and GMWB/EGMWB Roll-Up Rates on Fixed Indexed Annuities Commission will change for FGL’s Safe Income Plus® FIA. Guaranteed Minimum Withdrawal Benefit (GMWB) and Enhanced Guaranteed Minimum Withdrawal Benefit (EGMWB) roll-up rates will also be updated for the Prosperity Elite® […]
North American Commission reduction and SPIA Change Effective 9-1-16
/in Annuity NewsNorth American Commission reduction and SPIA Change Effective 9-1-16 North American is committed to delivering strong consumer value in all our product offerings. Interest rates have continued to decline and the yield curve has continued to flatten. As a result of these economic conditions, the Company is making the following changes: […]
North American MYGA Rate Decrease 9/1/2016
/in Annuity NewsNorth American MYGA Rate Decrease 9/1/2016 MYGA interest rate decrease effective September 1, 2016 North American Guarantee ChoiceSM Multi-Year Guarantee Annuity (MYGA) interest rates are decreasing as follows: Surrender Charge Period1 New High Band Rate Old High Band Rate New Low Band Rate Old Low Band Rate 3-Year 1.30% 1.50% 1.00% […]