COVID-19 Pandemic Wreaking Havoc on Americans' Retirement Plans While Anxiety over Continued Market Risks Remains - Valdosta Daily Times

MINNEAPOLIS--(BUSINESS WIRE)--May 28, 2020--The COVID-19 pandemic is drastically changing how Americans view their retirement prospects and many fear the worst is still yet to come – at least in the short-term. According to the Q2 Quarterly Market Perceptions Study from Allianz Life Insurance Company of North America ( Allianz Life ®), 58% of Americans say the economic impacts of COVID-19 are having a negative effect on their retirement savings, and 54% say they are worried the market hasn’t bottomed out yet.Worries over market volatility’s impact on their nest egg were steadily increasing over the past year, currently at 42% (up from 37% in this time last year). At the same time, the number of people who are worried about a major recession is at its highest levels in over a year, now at 65% (up from 48% in Q2 2019). However it’s not all bad news, as a surprising seven in 10 (69%) respondents say they still feel optimistic that there is time to rebuild their nest egg, even if the mark…

Allianz Life Announces 3-Year Term Index Options On Index VAs - Insurance News Net

amazonkindle – To help clients address risk that market volatility can have on retirement security, Allianz Life Insurance Company of North America (Allianz Life®) has announced a new Index Performance Strategy with a 3-year term, available on Allianz Index Advantage® variable annuities1 with the S&P 500® Index and Russell 2000® Index.With the new strategy, if the index return is positive over the term, clients may receive a positive performance credit equal to that index’s return, up to the cap. If an index return is negative over the term, clients still have a level of protection through the 20% buffer, but may receive a negative performance credit if the loss is greater than the buffer. Losses in excess of the buffer will reduce the contract value, and buffers cannot change after they are established for a contract.“The 3-year term can be ideal for the extreme market environment we are currently in,” said Eric Thomes, chief distribution officer, Allianz Life. “It’s…

Annuities Insurance Market 2020 Future Scope and Imapct Analysis | Brighthouse Financial, Allianz Life, New York Life and Others - Latest Herald

Futuristic Reports, The growth, and development of Global Annuities Insurance Market Report 2020 by Players, Regions, Type, and Application, Forecast to 2026 provides industry analysis and forecast from 2020-2026. Global Annuities Insurance Market analysis delivers important insights and provide a competitive and useful advantage to the pursuers. Simultaneously, we classify different Annuities Insurance market based on their definitions. The downstream, and upstream scrutiny are also carried out. Each segment includes an in-depth explanation of the factors that are useful to drive and restrain it.Global Annuities Insurance Market Organizations are confronting issues in keeping their offices completely useful because of a lack of staff and assets in the midst of the COVID-19 (Coronavirus) flare-up. Get a hands-on over key drivers and menace to the Annuities Insurance market to prepare your company future-ready the pandemic. Profits out report at exciting prices to learn new opening doo…

eMoney Teams With Allianz Life, Offering Tool To Better Promote Annuities - Financial Advisor Magazine

At a time when investors are looking for guaranteed retirement income, eMoney Advisor and Allianz Life Insurance Company of North America have formed a strategic partnership to provide advisors a planning platform designed to help them better explain the value of annuities in retirement, according to a news release from eMoney.The partnership provides Allianz Life direct access to eMoney’s financial planning platform and leverages its digital capabilities and collaboration features to demonstrate the value of annuities through a planning lens, the release said.“Offering innovative platforms such as eMoney allows us to offer advisors a tool that takes into account the need for products such as annuities, ultimately helping them create a comprehensive plan so that their clients are able to attain a successful retirement,” said Eric Thomes, chief distribution officer for Allianz Life, in released comments. He added that embedding risk strategies in financial plans is  more critical now t…

eMoney Advisor and Allianz Life Announce New Strategic Partnership - Odessa American

RADNOR, Pa.--(BUSINESS WIRE)--Apr 28, 2020--eMoney Advisor, a leading provider of technology solutions and services that help people talk about money, today announced a strategic partnership with Allianz Life Insurance Company of North America (Allianz Life®). The partnership provides Allianz Life with direct access to eMoney’s comprehensive financial planning platform and leverages its digital capabilities and collaboration features to demonstrate the value of annuities through a planning lens.“Now more than ever, embedding risk management strategies into financial plans is critical,” said Eric Thomes, chief distribution officer for Allianz Life. “Offering innovative platforms such as eMoney allows us to offer advisors a tool that takes into account the need for products such as annuities, ultimately helping them create a comprehensive plan so that their clients are able to attain a successful retirement.”Allianz Life has access to eMoney Premier, eMoney’s most robust planning packag…

Allianz Life to use eMoney Advisor - InvestmentNews

Allianz Life Insurance Company of North America has partnered with eMoney Advisor to launch a tool to help advisers demonstrate the value of annuities, the companies said in a release.Allianz Life has access to eMoney Premier, the firm’s most robust
planning package, which includes basic and advanced planning tools as well as
the eMoney client portal and advanced analytics tools.“Now more than ever, embedding risk management strategies into
financial plans is critical,” said Eric Thomes, chief distribution officer for
Allianz Life.

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