Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
AXA Financial Hires Web Brokerage Veteran
By Staff WriterAXA Financial Inc. has hired a former dot-com chief executive to be an executive vice president and head of marketing and product development.[@@]The executive, ...
July 25, 2005
Lawyer Eplains New Florida Offshore Insurance RulesA Miami lawyer says Florida's new offshore insurance law will help the state's existing offshore banking and securities operations.[@@]Earlier this month, the new state ...
July 22, 2005
Regulators Ponder Reserving PrinciplesMembers of the American Academy of Actuaries have drafted a statement of principles that actuaries, insurers and regulators can use to set and assess ...
July 22, 2005
Harford B-D Unit Adds Sales ManagersWoodbury Financial Services has named 6 new regional sales directors.[@@]Woodbury, the broker-dealer arm of Hartford Financial Services Group Inc., Hartford, says the new regional ...
July 22, 2005
Industry To Fight Proposed VA Suitability RegulationsThe American Council of Life Insurers will be asking federal regulators to reject a proposed variable annuity sales suitability regulation developed by the National ...
July 21, 2005
SEC Allows Only 3 Weeks For VA Suitability Rule CommentsFederal regulators are preparing to impose special suitability requirements on the sale of variable annuities along with requirements that broker-dealers and supervisors do more ...
July 21, 2005
Allstate Warns About Fied AnnuitiesThe Allstate Corp. says it is doing well but has concerns about fixed annuities because of continuing weakness in fixed annuity spreads.[@@]Tough competition and ...
July 21, 2005
SEC Requires Separate Tags For Separate AccountsThe U.S. Securities and Exchange Commission wants manufacturers of variable annuities and variable life contracts to help it distinguish between the electronic filings of ...