Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Insurers, regulators back 151A
By Staff WriterIn a petition filed late last week, MetLife Inc., the North American Securities Administrators Association, and AARP argued index annuities should be regulated as securities rather than insurance products, DowJones reports.
April 16, 2009
MetLife Backs SEC Oversight Of Indexed AnnuitiesMetLife Inc. has filed a brief with a Federal Court supporting the Securities and Exchange Commission in its position that equity indexed annuities are securities.
April 16, 2009
Insurers ditch actively managed fundsInsurers aren't just getting mad, they're getting even. Performance guarantees attached to variable annuities forced them to take a hit when the stock market started...
April 15, 2009
Transamerica Finds Planning GapsMany workers say they are getting professional financial retirement savings advice, but few say they have taken a systematic approach to forecasting retirement savings needs.
April 15, 2009
GAO: Pension Buyouts RiskyLetting for-profit companies take over troubled pension plans would do little to help the Pension Benefit Guaranty Corp., U.S. Government Accountability Office officials argue.
April 15, 2009
Financial advisors are losing faith in insurersFinancial advisors are losing faith in insurers. That's what a survey of Merrill Lynch advisors found, the Wall Street Journal reports. According to the survey, conducted...
April 15, 2009
Build a business-selling dream teamThere are many complex issues involved in a business transition or a business sale.
April 15, 2009
LTC/annuities: big sellers in a bad economyLong term care, annuity and life insurance combination products will help clients start talking about the financial moves they need to make. Here is an example of helping the client understand.