NAIC Adopts Annuity Suitability Model
By Jim ConnollyNU Online News Service, Sept. 15, 2003, 6:02 p.m. EDT -- ChicagoThe National Association of Insurance Commissioners, Kansas City, Mo., has concluded five years ...
September 14, 2003
Suitability Continues To Stir DebateByThree days before a vote was scheduled to be taken by regulators, last minute discussions hammered out compromise language for a model regulation on suitable ...
September 14, 2003
Bank Investment Productivity Down From Last Year: BISAByThe monthly productivity of bank broker-dealers fell 8%, to $25,708, during the second quarter of 2003, from an average of $28,058 in terms of gross ...
September 14, 2003
What FASB Statement 150 AddressesThe statement addresses the accounting treatment for three financial instruments. These were formerly allowed to be accounted for as a companys owners equity. The statement ...
September 14, 2003
Help Your Client's Other Advisors Understand 412(i) PlansHelp Your Clients Other Advisors Understand 412(i) PlansFinancial advisors should take a leadership role in coordinating their small business owner clients planning team, which typically ...
September 14, 2003
CNA To Stop Selling Individual LTC Policies In All StatesCNA To Stop Selling IndividualLTC Policies In All StatesByCNA Insurance Companies, Chicago, says it has decided to discontinue sale of individual long term care insurance ...
September 14, 2003
Will FASB 150 Have A Chilling Effect On Entity Buy-Sell Plans?Will FASB 150 Have A Chilling Effect On Entity Buy-Sell Plans?ByOn May 3, the Financial Accounting Standards Board (FASB) issued Statement 150--Accounting for Certain Financial ...
September 14, 2003
Health Care Coverage Costs Have Risen 13.9% This YearHealth Care Coverage Costs Have Risen 13.9% This YearBySome benefits firms predict increases in the cost of employer-paid health coverage will slow in 2004, but ...