Guarantees dominate variable annuities amid sharp sales decline
By Staff WriterAlmost all variable annuities offered include some form of Guaranteed Living Benefit (GLB) according to a survey by Milliman released Tuesday. The firm's new survey of...
February 27, 2009
Advisors Share VA Wish ListFinancial professionals say they would like to see variable annuity manufacturers cut distribution costs, expand product options and add better wholesalers.
February 18, 2009
Who's selling variable annuities now?Image shows pie chart of VA sales by distirbution channel at the end of the 3rd quarter 2008.
February 17, 2009
Who's selling variable annuities now?Image shows pie chart of VA sales by distirbution channel at the end of the 3rd quarter 2008.
February 09, 2009
Hartford Asks For Reporting FlexibilityHartford Financial Services Group Inc. says it has asked Connecticut insurance regulators to ease some capital calculation requirements.
January 19, 2009
Variable Annuity Sales Slide 10%New sales of variable annuities fell 10% in the 3rd quarter, to $37 billion from $41.1 billion in the second quarter of 2008.
January 18, 2009
Variable Annuity Sales Slide 10%New sales of variable annuities fell 10% in the 3rd quarter, to $37 billion from $41.1 billion in the second quarter of 2008.
December 25, 2008
Advisors speak out on 151A passage[Editor's note: On Dec. 17, U.S. Securities and Exchange Commission members voted 4-1 on Ruling 151A, a move which could significantly change the way many of those in the financial services industry make their livings. We wrote about the