Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Spitzer Asks Hartford About VA Trades
By Staff WriterNew York Attorney General Eliot Spitzer's office is asking for information about variable annuity transactions at Hartford Financial Services Group Inc.[@@]Spitzer's office has sent ...
September 15, 2005
Eecutive To Lead Sun Life Financial Distribution UnitIndependent Financial Marketing Group Inc. has hired Michael Weiss to be president.[@@]Independent Financial, Purchase, N.Y., a company that distributes insurance and financial products through ...
September 14, 2005
Give Annuity Customers A Fair Shake, Advisors SayLas Vegas"Annuity customers want a fair shake, not a shakedown," said Michael J. Cajthaml, a general practitioner and president of McHenry County Investment Services, ...
September 14, 2005
The EIA Brouhaha: Whats Net?The industry feels the NASD's Notice to Members has several misrepresentationsLas Vegas"You are primarily the producers of the product, not the manufacturer, so it ...
September 08, 2005
NASD May Charge MetLifeThe National Association of Securities Dealers may charge MetLife Inc. with violations of NASD rules, MetLife says.[@@]MetLife, New York, itself reported concerns about possible ...
September 07, 2005
NASD Officials Question Annuity Marketing PracticesTop officials of the National Association of Securities Dealers recently told securities industry executives that laws and regulations ought to put marketers of mutual ...
September 07, 2005
Old Mutual Demands Agent AttentionOld Mutual Financial Network says it will be cutting ties to agent organizations that fail to focus mainly on selling its annuity products and ...
September 07, 2005
VA Riders: Alphabet Soup Or Mulligan Stew?The features that probably are seeing the fastest growth in life insurance product development are the new variable annuity riders--the GMDBs, GMIBs, GMWBs and ...