Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Fixed indexed annuity menu receives boost
By Staff WriterJackson National Life Insurance Co. introduced a new fixed index annuity to its menu of FIA options, its seventh FIA product. Jackson AscenderPlus Select offers a guaranteed minimum interest rate and a guaranteed minimum death benefit, and it
April 11, 2008
Charles "Tip" Cronin IIICharles "Tip" Cronin III, CLU, has been named the vice president of the Advancement Division at The American College. Cronin will be a member of the senior management team and responsible for providing strategic and operational leadership
April 11, 2008
AIG adds indexed annuityWith upside potential and downside protection becoming the mantra for the new retirement reality, companies are creating indexed products that seniors will be drawn to. AIG American General is among the latest to introduce such an annuity. The
April 11, 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 11, 2008
John Bigos and Brian HamiltonJohn Bigos, far left, and Brian Hamilton, left, have joined Penn Treaty Network America Insurance Company as national marketers. They will be responsible for building and managing relationships with financial advisors and broker dealers, as well as
April 11, 2008
Michael Shunny and Janet WhitehouseMichael Shunney is replacing Kevin Hart as Sun Life Financial's distributor president. Previously, Shunny was senior vice president and general manager of the employee benefits group division. He will be replaced by Janet Whitehouse, current SVP of
April 11, 2008
What's hot in annuitiesYour phone rings and a great client who gave you three referrals, informs you that he needs to take a $23,000 withdrawal. The tone of his voice is strained. He needs it now because something has come up. He asks if there will be any interest
April 11, 2008
ING expands FIA marketThree new fixed index annuities make up ING USA Annuity and Life Insurance Company's family of ING Envoy annuities. All three FIAs feature withdrawal flexibility based on what the company calls "windows of opportunity," which allow full or