LIMRA: Variable Annuity Sales Climb in Second Quarter 2011
By Staff WriterTotal U.S. individual variable annuity sales climbed to $41 billion during the second quarter, up 16% from the total for the second quarter of 2010, according to LIMRA.
August 02, 2011
Symetra Tries Selling Variable Annuities Without the Safety NetsLiving benefits guarantees have become about as common in the U.S. variable annuity market as automatic transmissions are in the U.S. automobile market.
July 05, 2011
A New Era for the Fee-Based MarketThere has been a lot of buzz lately about annuities, and rightly so.
July 04, 2011
A New Era for the Fee-Based MarketThere has been a lot of buzz lately about annuities, and rightly so.
June 30, 2011
FINRA Head Sees Holes in VA Sales DocumentationFinancial Industry Regulatory Agency examiners say they are pleased with the variable annuity industry's response to new sales requirements but are still watching for abusive switches and costly surrender fees.
June 30, 2011
Cerulli: Minority of Advisors Make Majority of VA SalesOnly 18% of financial advisors sell 12 or more annuity contracts per year, and those advisors account for about 68% of variable annuity sales.
June 30, 2011
FINRA Head Sees Holes in VA Sales DocumentationFinancial Industry Regulatory Agency examiners say they are pleased with the variable annuity industry's response to new sales requirements but are still watching for abusive switches and costly surrender fees.
June 29, 2011
IRI Conference: SEC May Act on VA Summary Prospectuses - SomedayThe U.S. Securities and Exchange Commission is giving the variable annuity summary prospectus "very serious consideration," but it is declining to commit itself to acting on the issue this year.