Bank Annuity Sales Had Cool August
By Staff WriterDespite a late surge, annuity sales through banks and savings institutions fell to $3.9 billion in August, down 2% from the total for August ...
October 05, 2005
Bank Indeed Annuity Sales SwellBanks are selling almost 3 times as many equity indexed annuities as they did a year ago, according to a report by Kenneth Kehrer ...
September 30, 2005
Annuity Sales Plummet In Banks In JulyBecause of a drop in sales of fixed-rate products, annuity sales at banks and savings institutions fell to $3.3 billion in July, down 19% ...
September 28, 2005
Shining A Light On Annuity Death BenefitsClients--and advisors--need to understand how these benefits workDeath benefits are not the reason clients buy annuities, say industry leaders. Besides, many annuities terminate by ...
September 27, 2005
Schapiro%3A Beware Of EIA RisksA top official at the National Association of Securities Dealers echoed her boss's concerns about annuity marketing at a conference in New York organized ...
September 21, 2005
Inde AnnuitiesNot A Footnote AnymoreLas Vegas"What is the issue with today's equity index annuities?" asked Steven Phillips here at the 2005 Producers' Forum & Expo of the National ...
September 20, 2005
Fied Annuity Buyers Split On DurationsBuyers of 2 different types of fixed annuity contracts are sending mixed messages about interest rates.[@@]FA buyers' growing interest in multi-year contracts has surfaced ...
September 18, 2005
Lack Of Liquidity Can Kill SuitabilityUnsuitable annuity sales and sales practices have been big news this year, along with Congressional hearings and various proposed standards to address suitability issues.