Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Study: Variable Annuity Holders Hold Tight in Recession
By Maria WoodShock lapse rates have declined significantly as low interest rates render alternative investments much less attractive.
March 08, 2012
RIIA Launches Research Initiative to Mine Consumer DataThe Retirement Income Industry Association (RIIA), Boston, has launched the RIIA Market Insight (RMI) initiative, a research program that brings together industry leaders, researchers and their collective data to create a 360-degree view of consumer households who buy and depend upon the industry's products and services.
March 08, 2012
Annuity Sales in the Post-Madoff EraHas Ponzi schemer Bernard Madoff tainted an entire profession? A case in California suggests so.
March 07, 2012
LIMRA: Annuity Sales Topped $240 Billion in 2011Annuity sales reached $240.3 billion in 2011, an 8% increase compared to 2010, according to a new report. LIMRA, Windsor, Conn., disclosed this finding in its fourth quarter 2011 U.S. Individual Annuities Sales survey, which represents data from 94% of the market.
March 07, 2012
Walking the TightropeThe pummeling of retirement portfolios suffered during and since the recession of 2007-2009 and continuing high volatility in the equity markets has many still-employed older Boomers asking whether they can recover their losses; and if so, what approaches they need to adopt to get back on track to a comfortable...
March 07, 2012
Strategic Insight: VA Lifecycle Assets Top $266 Billion in 2011Variable annuities at year-end 2011 accounted for $266 billion of lifecycle assets, with nearly all (96%) of the assets residing in target risk strategies, the report finds. The $255 billion variable target risk market attracted $4.0 billion of net flows, while posting net returns of 5.68% during the quarter. Variable...
March 07, 2012
Get Back to Work the Old-School WayForget social media. Get out there and meet new prospects face-to-face.
March 06, 2012
AG 38 Set to Pass First Phase Toward New Framework for Setting ReservesAnd so begins Phase 1 of the process of making sense of AG 38 until principal-based reserving is in place.