Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Feds to sharpen focus on identity theft
By Staff WriterIdentity theft will be in the spotlight in 2007, as the President's Identity Theft Task Force seeks public input on how to reduce the incidence and impact of America's fastest growing crime. If you haven't talked to your clients about protecting
April 19, 2008
Bankruptcy filings raisingThe federal bankruptcy overhaul that passed in October 2005 isn't doing what it is supposed to do, which is cut down on the number of frivolous bankruptcy filings, those filings that were meant to avoid paying off credit cards that had been run up
April 19, 2008
The perils of giving investment advice without a licenseIf you're not licensed to sell investments, think twice about advising a client to cash out a security in order to buy an index annuity or other insurance product. That's because state securities regulators are more frequently sanctioning insurance
April 19, 2008
Regulators warn of slippery oil and gas dealsInsurance and financial advisors should advise clients to be wary of oil-patch scams - and should promote these deals only after doing careful due diligence themselves. According to the North American Securities Administrators Association (NASAA),
April 19, 2008
Educational alliance formedAs of Jan. 1 of this year, anyone hoping to earn a Certified Financial Planner certificate must hold a bachelor's degree. To address that need and give its students a head start on the needed degree, The American College has teamed with Webster
April 19, 2008
PPA spells big opportunity for qualified advisorsThe $7 trillion defined-contribution retirement plan market got a serious shot in the arm when Congress recently passed - and President Bush signed - the Pension Protection Act. Under the new law, employers will be allowed to enroll employees in
April 19, 2008
MassMutual agents raise moneyIn support of breast cancer research, detection and treatment programs, Massachusetts Mutual Life Insurance Co. and its agents have raised more than $100,000. Using financial education programs called Pearls of Wisdom as the platform, company