Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Midland National Expands VA Fund Menu
By Staff WriterAn insurer is offering variable annuity customers more investment choices.Midland National Life Insurance Company, West Des Moines, Iowa, a unit of Sammons Enterprises Inc., Dallas, ...
December 06, 2007
FA Sales Fall As Immediate Annuity Volume RisesU.S. sales of fixed annuities fell to about $18 billion in third quarter, down 10% from the total for the third quarter of 2006, according ...
December 04, 2007
Jackson National, Securian Update VA ContractsTwo insurers have announced changes to variable annuity products.Jackson National Life Insurance Company, Lansing, Mich., a unit of Prudential P.L.C., London, has added 5 "investment ...
December 04, 2007
U.S. Individual Annuity Sales SoarTotal U.S. individual variable annuity sales climbed to $46 billion in the third quarter, up 23% from the total for the third quarter of 2006, ...
December 04, 2007
Charles Whitt and Marcus RangelAdvisors Excel has expanded its marketing department with the addition of Charles Whitt (shown far left) as chief marketing officer, and Marcus Rangel (shown left) as multimedia director. Whitt will be responsible for the development of new
December 04, 2007
Daniel J. YoungDaniel J. Young has been appointed president and chief operating officer of NFP Securities Inc., the broker/dealer for National Financial Partners Corp. Young will be responsible for the day-to-day management of NFPSI, relationships with NFP-owned
December 04, 2007
Kevin GrantKevin Grant has been named senior vice president of business planning services for Jackson National Life Distributors LLC. Grant will assume responsibility for project management for JNLD and Curian Capital LLC, JNLD's separately managed accounts
December 04, 2007
Scams still target seniorsThe individuals who run scams on the general public, and seniors specifically, look to prey on people's generosity toward less-fortunate groups, police and firefighters, and those hit by disaster. They sound official when they call, accept donations