Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
The bonfire of the equities
By Staff WriterThe question of whether equity-indexed annuities should be classified as a fixed or variable product was headed for resolution last summer. The NASD in August announced it would issue guidance on the controversial issue, and members anxiously
December 31, 2005
Pressure packedThe changing face of retirement. What does that mean? Well, given the human propensity for individuality, it could mean 76 million different things over the next 25 years. Retirement is changing because boomers are like this, or because boomers are
December 30, 2005
Former Allmerica Sells Life And Annuity BlocksHanover Insurance Group Inc. says it has closed on a previously announced sale of its run-off variable life and variable annuity businesses to Goldman ...
December 29, 2005
Feds Offer Valuation ReliefThe Internal Revenue Service has published temporary annuity valuation rules for taxpayers who are converting traditional individual retirement accounts that have not yet been ...
December 29, 2005
Nationwide Updates Web SiteA major insurer has spruced up its electronic customer services.[@@]The insurer, Nationwide Financial Services Inc., Columbus, Ohio, has started delivering statements and other documents ...
December 27, 2005
A Generation AgesAmeriprise Financial Inc. is preparing to launch a television advertising campaign that will remind the oldest baby boomers that they are about to turn ...
December 16, 2005
Annuity Seller Starts Broker%2DDealerAsset Marketing Systems Insurance Services L.L.C. is setting up Madison Avenue Securities, a broker-dealer subsidiary that will help registered representatives supervise their equity-indexed annuity ...
December 15, 2005
Insurer Names Institutional Marketing HeadJackson National Life Insurance Company has given Greg Salsbury responsibility for the company's institutional marketing group and regional broker-dealer channel.[@@]Salsbury, who has been an ...