Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
DTCC Adds Agent Product Certification Data
By staff WriterThe Depository Trust & Clearing Corp. is making it easier for life insurers and wholesalers to determine whether specific agents can sell specific annuity products.
April 18, 2011
MWA: 2010 Bank Holding Company Annuity Income Drifts LowerAnnuity sales at U.S. bank holding companies brought in a total of about $2.6 billion in commissions and fees in 2010, down 1.8% from the 2009 total, according to Michael White Associates.
April 15, 2011
S&P: Mortgage Proposal Could Hurt Now, Help LaterA federal proposal that would encourage mortgage lenders to retain more securitization risk could hurt housing sales and prices in the short run but make the housing market more stable in the long run, according to Standard & Poor's Ratings Services.
April 15, 2011
Consultant: Client Mix Affects Advisor Income AwarenessFinancial professionals with a higher percentage of clients in or nearing retirement seem to be more interested in income planning issues, according to experts who spoke at a recent National Retirement Planning Week event.
April 15, 2011
S&P: Mortgage Proposal Could Hurt Now, Help LaterA federal proposal that would encourage mortgage lenders to retain more securitization risk could hurt housing sales and prices in the short run but make the housing market more stable in the long run, according to Standard & Poor's Ratings Services.
April 14, 2011
IRS Seeks Council MembersThe Internal Revenue Service is trying to recruit about 12 new members for the IRS Advisory Council.
April 14, 2011
IRS Seeks Council MembersThe Internal Revenue Service is trying to recruit about 12 new members for the IRS Advisory Council.
April 14, 2011
Prudential: Many Finance Execs Like Pension PlansAbout 40% of finance executives at companies that offer defined benefit plans view having the plans as a competitive advantage, according to Prudential Financial Inc.