Fixed Annuities
Fixed annuity news and analysis, with coverage of book value annuities, multi-year guaranteed annuity (MYGA) contracts, immediate annuities, deferred income annuities (including QLACs), and fixed indexed annuities.
Bank Investment Transaction Sizes Soar
By Trevor ThomasBanks are reporting a big increase in average investment product transaction sizes for 2003.[@@]Average transaction sizes increased for almost every investment product category except ...
June 21, 2004
Banks Report Lower Annuity SalesBanks are reporting a sharp drop in April annuity sales.[@@]Total bank annuity sales fell 9% from the April 2003 total, to $3.9 billion, according ...
May 27, 2004
Kehrer: IFMG Led Bank TPMs In 2003NU Online News Service, May 27, 2004, 3:23 p.m. EDT -- Assets are still growing at bank third-party marketing operations.[@@]Kenneth Kehrer Associates, Princeton, N.J., ...
May 25, 2004
NYLIAC To Sell 2 New Fixed AnnuitiesNU Online News Service, May 25, 2004, 1:19 p.m. EDT -- New York Life Insurance and Annuity Corp. has introduced 2 single-premium, deferred, fixed ...
May 17, 2004
VA Sales Help Bank Investment RevenueNU Online News Service, May 17, 2004, 6:04 p.m. EDT -- Strong growth in variable annuity sales helped banks hold brokerage revenue steady in ...
May 13, 2004
The Forces Hitting Fixed Annuities NowByMany forces are affecting todays fixed annuities, including federal budget deficits, equity markets, competition and more, but "interest is the principal driver," noted Noel J. ...
May 11, 2004
March Bank Annuity Sales Down SlightlyNU Online News Service, May 11, 2004, 10:25 a.m. EDT -- Banks sold nearly $4.5 billion of annuities in March, just 5% shy of ...
May 06, 2004
Low Interest Rates Squeeze MONYNU Online News Service, May 6, 2004, 5:35 p.m. EDT -- Low interest rates hurt earnings at The MONY Group Inc., New York, during ...