Bank Annuity Sales Slump 25%
By Staff WriterSales of annuities in banks are continuing to fall as a result of weakness in demand for fixed annuities.Total bank annuity sales fell to $2.8 ...
December 14, 2005
Bank VA Sales Overtake Bank FA SalesIn September, for the first time in 5 years, bank and savings institution sales of variable annuities exceeded sales of fixed annuities.[@@]Bank sales of ...
December 01, 2005
Survey%3A Fied Annuity Buyers Prefer 1%2DYear GuaranteesU.S. consumers seem to expect to see interest rates continue to rise.[@@]Researchers at Beacon Research Publications Inc., Evanston, Ill., have published data supporting that ...
November 23, 2005
VA Sales Up 1%, FA Sales Down 8% Year-To-DateIndividual annuity sales dropped 3% year-to-date through September 2005 when compared to the same period in 2004.The overall total of $162.5 billion was comprised ...
November 13, 2005
Thoughts On The Distribution Of WealthRecently a friend posed a hypothetical question for me to answer. He asked, "If you won a lottery, what would you do with the winnings--take ...
November 09, 2005
Trade Groups Return The FireThe National Association of Independent Life Brokerage Agencies, Fairfax, Va., recently issued a position statement opposing what it says is the National Association of ...
November 09, 2005
Regulatory Pressure Could Impact Fied Inde Annuity DesignThe current year was not revolutionary on the index annuity product innovation front. Return of premium options were made available on a few new ...
November 09, 2005
Winning Over Conservative SaversFor many prospective clients, the path to a comfortable retirement centers on storing up cash in traditional safe havens--money market funds, certificates of deposit ...