Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Rider adds living benefit
By Staff WriterMidland National has announced the availability of a living benefit rider that can be added to any of the company's fixed annuities. The Guaranteed Income Provider provides an alternative to annuitizing a contract. It allows clients to receive
April 17, 2008
Financial services mail bomber raises security concernsDo you open your office mail without giving it a second thought? If so, you may want to get more cautious. That's because a person nicknamed "the Bishop" sent threatening letters and two pipe bombs in the past two years to several Midwest financial
April 17, 2008
Shareholders to profitMassMutual's Board of directors has approved the largest dividend payout in the company's history for 2007. Approximately $1.25 billion will be distributed to shareholders eligible for dividends, setting a record for the 155-year-old company. The
April 17, 2008
Allianz launches annuityCalling it an industry first, Allianz Life Insurance Co. of North America introduced the Allianz Endurance 15 Annuity. This fixed indexed product offers a 15 percent bonus on all premium paid during the first three contract years. The bonus is
April 17, 2008
FPA leader says battle continues after professional standards court decision(On March 30), the United States Court of Appeals for the District of Columbia Circuit spoke clearly in favor of investor protection (Financial Planning Association v. Securities and Exchange Commission). After 7 years of contentious debate, a court
April 17, 2008
MassMutual places focus on retirement incomeAs the wave of new retirees grows every year - advancing toward 2030, when most of thebaby boomers will be retired - insurance companies are looking for ways to meet the demand for retirement income vehicles. MassMutual has decided to add a new
April 17, 2008
What, if anything, would you have done differently to prepare for retirement?Retirement assumes that you will leave the working arena and start living your life. Social Security, years ago, could support you when you retired, but today, people younger than 50 may not have any funds left, because our governments have been
April 17, 2008
Sweeping changes to come for ?NAIFA in the 21st Century'The National Association of Insurance and Financial Advisors, based in Falls Church, Va., is implementing dramatic changes to meet the needs of its members. Called "NAIFA in the 21st Century," the plan addresses the need for NAIFA to create