Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Insurer Adds Annuity For New York Residents
By Staff WriterSBLI USA Mutual Life Insurance Company Inc. has introduced the Select Choice annuity.[@@]SBLI, New York, says it will be selling the single-premium, tax-deferred annuity ...
June 14, 2005
Challenge On Annuity Surrender ChargesBostonRegulators discussing the proper annuity nonforfeiture rate were challenged by one of their own to put that issue aside and concentrate on the sale ...
June 10, 2005
Securian Merges Annuity UnitsSecurian Financial Group is combining its individual annuity and retirement plan businesses.[@@]The combined unit, the new Security Retirement Savings unit, will include Securian departments ...
June 10, 2005
Regulators Talk About Annuity Suitability RulesSome regulators are asking whether they should be talking about minimum annuity nonforfeiture interest rates at a time when some older consumers are buying ...
June 09, 2005
Aviva Offers Breakthrough EIAAviva Life Insurance Company is selling an equity-indexed annuity designed to provide enhanced growth potential when index returns are strong.[@@]Aviva, North Quincy, Mass., says ...
June 08, 2005
RBC Project Moves Ahead For Variable Annuities With GuaranteesA minimum floor is now part of the C-3, Phase II project proposalBostonVariable annuity risk-based capital requirements that have a minimum floor cleared a ...
June 08, 2005
A Slew Of Retirement Income BillsWashingtonTwo senators and a Democrat in the House have introduced separate bills that further life insurers' goal of having a product that offers investors ...
June 06, 2005
Thomas To Speak On Ta ProposalsWEBSITE-ACLI PACKAGE-06-06-05The powerful chairman of the House Ways and Means Committee, is expected to embrace certain changes in tax law related to for retirement ...