Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Individual U.S. Annuity Sales Hit $124 Billion In 1st Half Of 2007
By Joseph MontminyLIMRA estimates that individual annuity sales reached $124.4 billion in the first half of 2007, a 3% increase over the first half of 2006 (see ...
September 06, 2007
Senators Put Advisor Designations Under MicroscopeThe head of the U.S. Securities and Exchange Commission says the federal government will have to do something to protect old consumers from financial professionals ...
September 05, 2007
Iowa Lets Pharmacy Chain Buy InsurerLongs Drug Stores Corp. is in the process of buying a life insurance company to use in its Medicare Part D prescription drug program.Iowa Insurance ...
September 05, 2007
New Firm To Buy Rights To Payment StreamsWashington Square Financial L.L.C. has opened for business in Boca Raton, Fla.The new company will pay cash up front for rights to collect income streams ...
September 04, 2007
Iowa Lets Pharmacy Chain Buy InsurerLongs Drug Stores Corp. is in the process of buying a life insurance company to use in its Medicare Part D prescription drug program.Iowa Insurance ...
September 04, 2007
New Firm To Buy Rights To Payment StreamsWashington Square Financial L.L.C. has opened for business in Boca Raton, Fla.The new company will pay cash up front for rights to collect income streams ...
September 01, 2007
Time to rally around the issuesIn any industry, there are a small percentage of unscrupulous salespeople who act in their own best interest at the expense of their customers. In our industry, the bad apples are the ones who push unsuitable products on seniors in order to garner
September 01, 2007
Annuities and life insurance: Mix and matchTraditionally, life insurance is a product that protects you from dying too soon and annuities are products that protect you from living too long. Why would an advisor ever wish to put the twain together? The answer is that annuities can grow money