Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Seeking suitability
By Andy StonehouseCompanies and advisors flustered by a suddenly intense focus on the industry have turned their eyes to more carefully verifying the notions of suitability. But a variety of new programs and some unique efforts on the part of providers will help
January 31, 2008
5 tips to reduce taxes on IRA earnings and, conversely, avoid penalties1. Advisors should enable clients to maximize the nature of growing money tax-free with a Roth IRA, whether they are investing in traditional stocks and bonds or alternative assets like private stock, real estate, tax liens and others. 2. The
January 31, 2008
Liquidity costs are always comparisonsOwners of annuities typically incur costs if they surrender an annuity prematurely. The penalty for getting out of an annuity can be as high as 25 percent, although a review of annuityspecs.com shows that the first year penalty is 10 percent or less
January 31, 2008
Spotlight figures to be brighter in 2008If you thought 2007 was a rough year for the industry in the mainstream media, I wouldn't be counting on a reprieve in 2008. All indications point toward even further increased scrutiny on the tactics unscrupulous advisors use to sell annuities
January 31, 2008
Second-Wave Boomers: Targeting an Untapped Population of ProspectsWith the investment world paying so much attention to the needs of baby boomers, agents may think they have this lucrative segment of the investment market sewn up with products such as variable annuities, long term care insurance, and mutual funds.
January 30, 2008
IMSA Launches Certification ClearinghouseThe Insurance Marketplace Standards Association has opened a certification program that will help life insurers keep tabs on outside annuity distributors.IMSA, Bethesda, Md., says the ...
January 30, 2008
IMSA Launches Certification ClearinghouseThe Insurance Marketplace Standards Association has opened a certification program that will help life insurers keep tabs on outside annuity distributors.IMSA, Bethesda, Md., says the ...
January 29, 2008
Banc One Securities Fined By FINRAThe Financial Industry Regulatory Authority says it has fined the securities unit of a bank in connection with allegations of unsuitable sales of deferred variable ...