Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Pru Introduces Variable Annuity LTC Rider
By Staff WriterThe annuities unit at Prudential Financial Inc. has added a variable annuity living benefit rider that can double the contract holder's annual income if the ...
July 22, 2008
Rogue advisors on parade: Family businessTwo brothers and a business associate were sentenced for masterminding a multi-million dollar viatical fraud. One brother was sentenced to 240 months in prison; the other to 160 months; and the associate to 120 months. The brothers were also ordered
July 22, 2008
Managing ethical dilemmas in tough timesEverywhere you look today, people are being squeezed economically. Gas is approaching $5.00 per gallon (and may already be there by the time you read this). The cost for food is inflating rapidly. By the time next winter rolls around, people may
July 22, 2008
Fixed Annuity Guarantees Rate For 5 YearsNew York Life Insurance and Annuity Corp. has introduced the New York Life Select 5 Fixed Annuity contract.The contract is a single-premium deferred annuity product, ...
July 22, 2008
Fixed Annuity Guarantees Rate For 5 YearsNew York Life Insurance and Annuity Corp. has introduced the New York Life Select 5 Fixed Annuity contract.The contract is a single-premium deferred annuity product, ...
July 21, 2008
FINRA Posts VA PodcastThe Financial Industry Regulatory Authority has developed an audiocast for Web users interested in variable annuity enforcement actions.Susan Merrill, chief of enforcement at FINRA, Washington, ...
July 20, 2008
Challenges Ahead For Index Annuities And Structured ProductsIn view of the retirement income needs of baby boomers, continued growth in retail sales of structured products--structured notes, exchange traded notes and other structured investments--appears to be bright.
July 19, 2008
Challenges Ahead For Index Annuities And Structured ProductsIn view of the retirement income needs of baby boomers, continued growth in retail sales of structured products--structured notes, exchange traded notes and other structured investments--appears to be bright.