Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Premium bonus highlights new annuity
By Staff WriterSun Life Financial announced the debut of its first bonus fixed indexed annuity, SunDex Bonus. The main feature of the annuity is the boost it gives to a policyholder's ability to save more money. Premiums under $250,000 receive a 6 percent bonus
April 12, 2008
Annuities secure space in 401(k)sDefined-contribution plans have become the norm for workers in today's employment environment, with Gen X and Gen Y having virtually no first-hand experience with defined-benefit plans.Many seniors still have a defined-benefit pension somewhere in
April 12, 2008
Standards bodies promote global principlesThe certified Financial Planner Board of Standards has entered into a membership agreement with the Financial Planning Standards Board Ltd., the international organization that owns the CFP marks outside the United States. As part of that
April 12, 2008
Platform provides access to annuitiesFee-only financial advisors now have access to institutionally priced immediate annuities to offer their clients. The platform, Income Solutions, was developed by Hueler Cos. and is being offered through the National Association of Personal
April 12, 2008
Join, don't fight, the senior protection movementRegulators and lawmakers are ramping up efforts to protect seniors in response to increasing levels of senior fraud. But rather than view these efforts as yet another regulatory burden, financial services companies should recognize opportunities
April 12, 2008
Rider beefs up annuityWanting to meet the demands of consumers looking toward retirement, Security Benefit Life Insurance Co. has added a guaranteed lifetime withdrawal benefit to its SecureDesigns Variable Annuity. The rider, according to the company, offers
April 12, 2008
If you suddenly came into an extra $10,000, what would you do with it?Alan B., 59Stillwater, Minn."It's not very practical, but I would buy a boat. I'm sure my wife would have something different in mind, but I think I could wear her down given enough time. What a nice thing to retire with... It could be very ?On
April 11, 2008
Doug TownsendJackson National Life Insurance Company has appointed Doug Townsend senior vice president and chief financial officer of two of the company's subsidiaries, Jackson National Life Distributors LLC and Curian Capital LLC. JNLD is Jackson's marketing