Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Are GLWBs All They're Cracked Up To Be?
By Steven CoopersteinThe guaranteed for life withdrawal benefit (GLWB) in variable annuities is being hailed as the answer to income needs in the retirement market. However, its limitations and suitability for satisfying consumer income needs
December 21, 2006
Mass. Fines Broker Dealer $500,000 Over EIA SalesA Massachusetts regulator has fined Investors Capital Corp. $500,000 for allegedly letting its representatives sell unsuitable equity-indexed annuities to seniors.Under an agreement with the state's ...
December 21, 2006
Mass. Fines Broker Dealer $500,000 Over EIA SalesA Massachusetts regulator has fined Investors Capital Corp. $500,000 for allegedly letting its representatives sell unsuitable equity-indexed annuities to seniors.Under an agreement with the state's ...
December 21, 2006
Hancock To Sell VAs Through Morgan StanleyJohn Hancock Life Insurance Company announced Morgan Stanley & Co. has agreed to sell Hancock's variable annuities through its financial advisors.The deal will make Hancock's ...
December 21, 2006
Hancock To Sell VAs Through Morgan StanleyJohn Hancock Life Insurance Company announced Morgan Stanley & Co. has agreed to sell Hancock's variable annuities through its financial advisors.The deal will make Hancock's ...
December 20, 2006
Calif. Releases Annuity Sales GuideThe California Department of Insurance has released a guide to selling annuities to seniors.The report, "A Suitable Match: Best Practices for Annuity Sales," seeks to ...
December 20, 2006
GLBs Drive VA Sales: StudyThe impact of guaranteed living benefits on sales of variable annuities is growing, a new survey by Milliman Inc. shows.Milliman's second annual guaranteed living benefits ...
December 20, 2006
GLBs Drive VA Sales: StudyThe impact of guaranteed living benefits on sales of variable annuities is growing, a new survey by Milliman Inc. shows.Milliman's second annual guaranteed living benefits ...