Articles from Security Benefit

SBL Holdings, Inc. (“Security Benefit”), the parent of Security Benefit Life Insurance Company, today announced that the annual dividend rate on its 7.000% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series A will reset in May as provided in the Series A terms. The rate will be reset to a benchmark of five-year U.S. Treasury yields to maturity plus a spread of 5.58%. No Series A shares will be redeemed in connection with the reset, and the reset requires no action by holders.

Registered Investment Advisors (RIAs) have an improved outlook and increased optimism following the U.S. election, according to the latest RIA Economic Outlook Index from Security Benefit in partnership with Greenwald Research. The index found that the RIA sentiment surrounding economic conditions from a range of 0 (extremely pessimistic) to 100 (extremely optimistic) rose to 56 after falling to 53 in the third quarter of 2024. Though outlooks have improved among advisors the index is still lower than Q1 of 2024 when advisors set a score of 58.

SBL Holdings, Inc. (“Security Benefit”), today announced the completion of an offering of $650 million of 7.2% senior notes due 2034. Security Benefit is the parent company of Topeka-based Security Benefit Life Insurance Company.

Registered Investment Advisors (RIAs) have higher concerns about the overall economic outlook compared to the first half of the year, according to the newest Economic Outlook Index released today by Security Benefit in partnership with Greenwald Research. The index found that the RIA sentiment on economic conditions from a range of 0 (extremely pessimistic) to 100 (extremely optimistic) fell to 53 after remaining steady at 58 in the first and second quarter of the year.

While Registered Investment Advisors (RIAs) report a similar level of economic confidence compared to the first quarter of the year, nearly half now believe that stock market volatility will be higher over the next 12 months than it was in 2023, according to the Second Quarter Economic Outlook Index released today by Security Benefit in partnership with Greenwald Research and DPL Financial Partners. This is the second edition of the quarterly index that gauges RIA sentiment on economic conditions from a range of 0 (extremely pessimistic) to 100 (extremely optimistic). The index score remained steady at 58 in this second edition.

Security Benefit today released its Registered Investment Advisor (RIA) Benchmark Study, a detailed look into the perspectives of RIAs regarding client practices, economic sentiment, product diversification, the upcoming 2024 U.S. Presidential election’s impact on the markets, and more. The survey follows the launch of Security Benefit’s RIA Economic Outlook Index, which established a benchmark measurement of 58 (on a scale of 0 to 100) regarding RIAs’ current level of optimism with respect to economic conditions.

More than two-thirds (70%) of registered investment advisors (RIAs) believe the S&P 500 will increase by 3% or more in the next 12 months, according to the inaugral edition of the RIA Economic Outlook Index. Released today by Security Benefit in partnership with Greenwald Research and DPL Financial Partners, this quarterly index gauges RIA sentiment on econmic conditions from a range of 0 (extremely pessimistic) to 100 (extremely optimistic), setting a benchmark score of 58 in its first edition.

Security Benefit Life Insurance Company (Security Benefit) today announced that major rating agency Standard & Poor’s Global Ratings has affirmed its financial strength rating of “A-“ and revised its outlook to “stable.” S&P maintained its view of the firm’s capital and earnings as “very strong” and again commented favorably on its investment performance while also referencing the management actions executed over the previous two years to further strengthen its balance sheet.

Security Benefit Life Insurance Company (Security Benefit) today announced the expansion of the index crediting strategies for its Foundations Annuity. Foundations now offers a total of 11 index crediting accounts across five unique indices designed to perform in a variety of market conditions.

Security Benefit, a leading provider of retirement planning products and solutions, today announced that Brianne Johnson would be promoted to National Accounts Manager for Independent Broker Dealers. Johnson will oversee key relationships with large scale independent broker-dealer distribution partners and aid in new business development. She will report directly to Mike Maghini, SVP, Head of National Accounts.

Security Benefit, a leading provider of retirement planning products and solutions, today announced that Michael Dolaher has joined as Director, Financial Institutions. Dolaher will oversee relationships with banks and financial institutions and aid in new business development. He will report directly to Mike Maghini, VP, Head of National Accounts.

Security Benefit, a leading provider of retirement planning products and solutions, today announced the appointment of Jacquline Morales as SVP, Chief Operating Officer. As COO, Morales will oversee business operations and help execute the company’s growth strategy. She will report directly to Doug Wolff, incoming Chief Executive Officer.

According to a new study from Security Benefit, a leading provider of retirement planning products and solutions in the K-12 education market, more than half (52%) of all educators would prefer to learn about managing their finances from a financial professional as opposed to other methods. Coupled with other findings, the inaugural State of Educator Finances Survey underscores that the role of the financial advisor remains critical – especially with younger audiences – in helping educators prepare for retirement and other financial goals.

Security Benefit, a leader in the U.S. retirement market, today announced that DBRS Morningstar has assigned a Financial Strength Rating of “A” (stable) to Security Benefit Life Insurance Company (SBLIC)* and First Security Benefit Life Insurance & Annuity Company of New York (FSBL). Both are subsidiaries of SBL Holdings, Inc., to which DBRS gave an Issuer Rating of BBB (high), and indirectly of Eldridge.

Security Benefit today announced that Mike Kiley, Chief Executive Officer, will retire effective June 30th, 2022. Kiley will continue to serve as Chairman of Security Benefit Life Insurance Company's (SBL) board of directors. Doug Wolff, currently president of SBL, will assume the role of chief executive officer also as of June 30th, 2022.

Security Benefit has announced the expansion of its EliteDesigns and EliteDesigns II variable annuity fund lineups with three products from two emerging fund managers. The new funds are available now and will provide advisors with even greater asset allocation options for their clients.

Security Benefit today applauded the findings of new research published by David Blanchett, Managing Director, Head of Retirement Research, PGIM DC Solutions. The paper highlights the potentially significant income benefits derived from using a tax exclusion ratio, in non-qualified products, available as part of its ClearLine Annuity Rising Income Rider.