Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
SEC Commissioner Defends Fiduciary Standard Expansion
By Allison BellLuis Aguilar today defended the idea of applying a fiduciary standard of care to all advisors who give retail clients personalized investment advice.
March 25, 2010
FIA Fly-In: Participants May Have Signed 15 New CosponsorsThe producers and others who went to Washington earlier this month to support a bill that would define fixed indexed annuities as insurance products may have lined up about 15 new cosponsors in the House.
March 25, 2010
Separate and equal: A fixed annuity solutionState insurance regulation is the best protection for the fixed annuity marketplace.
March 25, 2010
Insurance Groups Blast Annuity Income TaxFive insurance trade groups have joined to fight a section of H.R. 4872 -- the Patient Protection and Affordable Care Act "fixer bill" -- that would impose a 3.8% tax on annuities.
March 25, 2010
Fidelity: Retiree Health Costs Could Average $250,000The average 65-year-old couple retiring in 2010 would need $250,000 to cover health care costs over the course of their retirement years, according to Fidelity Investments.
March 25, 2010
House Sends H.R. 4872 - The PPACA Fixer Bill - To ObamaMembers of the House today voted 220-207 for final approval of H.R. 4872, the Reconciliation Act of 2010, which makes changes sought by House Democrats to the Patient Protection and Affordable Care Act.
March 25, 2010
Hartford Seeks Plan Investment BusinessHartford Financial Services Group Inc., Hartford (NYSE:HIG), says it now how has 8 consultants on the defined contribution investment only team.
March 25, 2010
Obama's next big thing: Financial reformUltimately, the public could play a larger role in the finance battle than with health care.