Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
California Gets 10 New Consumer-Oriented Insurance Laws
By Elizabeth D. FestaFrom suitability to licensing to autism coverage to implementation of provisions required under the health care reform and the Wall Street reform federal measures, the governor's pen is busy, and hasn't run out of ink, yet. Coming up next session: health insurance rate regulation.
October 11, 2011
Longevity Insurance Could Be a Good Bet – If You Have Good Genes (Fox Business)For consumers looking to buy longevity insurance (a product that will guarantee annual payments of a specified amount once you reach a specified age), it's critical to consider both inflation and interest rates.
October 11, 2011
Why Annuities Aren’t Right for My Mom (Market Watch)Top of mind for many retirees these days is financial security, an asset that annuities have traditionally delivered in spades. In fact, in the first six months of 2011, annuity sales increased 19 percent compared to annuity sales during the same period of 2010, according to Morningstar Inc, an investment...
October 11, 2011
Why Annuities Aren’t Right for My Mom (Market Watch)Top of mind for many retirees these days is financial security, an asset that annuities have traditionally delivered in spades. In fact, in the first six months of 2011, annuity sales increased 19 percent compared to annuity sales during the same period of 2010, according to Morningstar Inc, an investment...
October 11, 2011
Federal Regulators Re-Propose SIFI CriteriaAs the Financial Stability Oversight Council re-proposes the criteria it will use to determine whether an insurer is systemically important enough to merit additional federal regulation, an uneasy industry prepares for the worst.
October 11, 2011
As National Save for Retirement Week Begins, Awareness UpA survey conducted by The Hartford finds that comprehension of retirement plans among plan participants is up from a 2009 survey. The results come as National Save for Retirement week gets set to begin on Oct 16.
October 11, 2011
John Hancock, Liberty Mutual and Mutual of Omaha Unveil New ProductsOwners of Liberty Mutuals single premium deferred annuity may choose from a menu of three modules that give them extra safeguards and access to their money, in exchange for a reduction in the interest rate they earn.
October 10, 2011
Broken Budgets and Double Dippers (AP)A review by The Associated Press found tens of thousands of state and public school employees across the country drawing government salaries along with their pensions.