Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Regulatory alert: Obama plan calls for tighter industry regulation
By Andy StonehouseAs part of a sweeping package of financial services industry regulations revealed on Wednesday, June 17, the Obama administration has still opted to let states retain much of their current regulatory oversight. A new department, the Office of National Insurance, has been proposed to act as a government watchdog to...
June 16, 2009
Pacific Life Completes OfferingAn insurer has raised $1 billion in capital by selling 30-year surplus notes through a private placement.
June 16, 2009
States To Lead - For NowInsurance regulation would remain primarily at the state level under a new financial services regulatory strategy that President Obama plans to unveil Wednesday.
June 16, 2009
BPASelect Annuity finds latest distribution partnerThe product was in the top ten `product by sales' category of all indexed annuities in 2008, according to the Advantage Index Sales & Market Report.
June 16, 2009
Regulatory alert: Obama plan calls for tighter industry regulationAs part of a sweeping package of financial services industry regulations revealed on Wednesday, June 17, the Obama administration has still opted to let states retain much of their current regulatory oversight. A new department, the Office of National Insurance, has been proposed to act as a government watchdog to...
June 16, 2009
Market Conduct: Annuities consumer guide hits the marketA new guide, designed to help consumers understand their choices among the various annuity products, was released earlier this month by the Insurance Marketplace Standards Association (IMSA). According to an IMSA spokesperson, the guide is available in both English and Spanish versions.
June 15, 2009
Indexed Annuity Bill Lands In CongressMembers of the House of Representatives have introduced a bill that could quash efforts by the U.S. Securities and Exchange Commission to claim jurisdiction over indexed annuities.
June 15, 2009
FINRA Posts VA NoticeThe Financial Industry Regulatory Authority has released the final version of changes to variable annuity transaction regulations.