Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
NASD Asks EIA Sellers To Police Their Reps
By Trevor ThomasThe National Association of Securities Dealers has released a long-awaited discussion about when securities dealers should treat equity indexed annuities as securities rather than ...
August 05, 2005
SEC Gives Insurers More Time To Review VA ProposalThe U.S. Securities and Exchange Commission and the National Association of Securities Dealers have agreed to extend the comment period for a proposed variable ...
August 04, 2005
Investments Buoy Nationwide FinancialNationwide Financial Services Inc. posted a sharp increase in second-quarter profits despite large cash outflows at its annuity operations.[@@]Nationwide, Columbus, Ohio, is reporting $141 ...
August 04, 2005
Indeed Annuity Issuer Benefits From Wider SpreadsExpirations of annuities with high minimum return guarantees pushed up profits at American Equity Investment Life Holding Company during the second quarter.[@@]American Equity, West ...
August 04, 2005
Strong VA Sales Aid PruStrong variable annuity earnings and a solid performance by the Wachovia securities distribution channel fueled a 30% increase in second-quarter profits at Prudential Financial ...
August 04, 2005
Fitch Analysts Review VA MarketFitch Ratings is making an effort of its own to use "stochastic model" to analyze insurers in the $1.1 trillion U.S. variable annuity markets.[@@]Users ...
August 03, 2005
Phoeni Aims To Simplify Annuity ChoicesThe Phoenix Companies Inc. is introducing a new line of variable annuities in an effort to make it easier for clients to buy the ...
August 03, 2005
Brokers Sell More VAs, Study FindsApparently shaking off the bad publicity from a series of state and federal investigations into variable annuity sales, brokers and other investment professionals increased ...