Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
ING Introduces Annuity With 1-Page Application
By Staff WriterING Americas has introduced a streamlined variable annuity aimed at consumers who normally would buy fixed-income products.[@@]The product, the ING Simplicity Variable Annuity contract, ...
August 30, 2005
Second-Quarter VA Sales FallU.S. variable annuity sales fell to $33.5 billion during the second quarter, down 0.5% from the total for the second quarter of 2004, the ...
August 30, 2005
Lincoln Seen As Good BuyLincoln National Corp. should be well-positioned to meet the baby boomers' growing need for financial services in the coming years. [@@]Jeffrey Hopson, an analyst ...
August 29, 2005
IRS Releases Final 412(i) Valuation RegulationsThe Internal Revenue Service has completed regulations that are supposed to keep employers and insurers from playing games with the values of life insurance ...
August 29, 2005
Bank Annuity Sales Down 18%Despite a slight rebound in variable annuity volume, total sales of annuities through banks and savings institutions fell 18% between June 2004 and June ...
August 26, 2005
Allmerica To Outsource VA, UL ProcessingSecurity Benefit Corp. has entered into a long-term agreement to provide business processing services for Allmerica Financial Life Insurance and Annuity Company.[@@]Under this agreement, ...
August 26, 2005
EIAs To Sparkle Amid Dull Annuity Sales: ReportAn investment banking firm expects equity indexed annuity sales will shine this year in an otherwise lackluster annuity market.[@@]Analysts from Fox-Pitt, Kelton Inc., New ...
August 24, 2005
Outraged About NASD Action On EIAsTo The Editor: (Re: "Reaction Fires Up To NASD Notice on EIAs," Aug. 15.) Once again the National Association of Securities Dealers is overstepping ...