Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
New Disclosure Documents Seen Aiding Annuity Purchasers
By Jim ConnollyCEOs at major life insurance companies think that providing guaranteed income in retirement is important enough to give priority to a disclosure document project for ...
June 24, 2007
Limitations On Selling Annuities To Seniors Insults SeniorsTwo concepts are in play today that almost seem incompatible.One is the growing trend to impose heightened "suitability" requirements before deferred annuities can be sold ...
June 22, 2007
Bank Annuity Sales Fall in MarchBank sales of annuities fell to $3.6 billion in March, down 14% from the March 2006 total.Sales of variable annuities accounted for $2.1 billion in ...
June 20, 2007
Firm Offers Index Annuities With LTC RiderLegacy Financial Services Inc. is marketing a new asset-protection product from Washington National Insurance Company.Legacy, Petaluma, Calif., is working with Washington National, a subsidiary of ...
June 20, 2007
Firm Offers Index Annuities With LTC RiderLegacy Financial Services Inc. is marketing a new asset-protection product from Washington National Insurance Company.Legacy, Petaluma, Calif., is working with Washington National, a subsidiary of ...
June 20, 2007
Fed Breaks Out Annuity Income For First TimeCommissions and fees from annuities sold in banks totaled $762 million in the first quarter.Michael White Associates, Radnor, Pa., has based that figure on data ...
June 20, 2007
Fed Breaks Out Annuity Income For First TimeCommissions and fees from annuities sold in banks totaled $762 million in the first quarter.Michael White Associates, Radnor, Pa., has based that figure on data ...
June 19, 2007
Ad Campaign Focuses On Annuity FraudNevada insurance regulators are portraying some sellers of annuities as people who are really "bad animals."The Nevada Division of Insurance developed the "Bad Animals" advertising ...