Variable Annuities
Variable annuity news and analysis, including coverage of registered indexed linked annuity (RILA) contracts.
Second-Quarter VA Sales Fall
By Staff WriterU.S. variable annuity sales fell to $33.5 billion during the second quarter, down 0.5% from the total for the second quarter of 2004, the ...
August 19, 2005
Analyst Predicts Continuing Weakness In VA SalesSecond-quarter variable annuity results were weak.[@@]Suneet Kamath, an analyst at Sanford C. Bernstein and Company L.L.C., New York, dissects the figures this week in ...
August 18, 2005
Brokers Gain Share In VA MarketBrokers and other investment professionals accounted for 57% of U.S. variable annuity sales in 2004, up from 52% in 2003.[@@]Researchers at Integras, a unit ...
August 17, 2005
Allstate Develops VA Illustration SystemA team at Allstate Corp. has developed a tool for Allstate agents who want to sell variable annuities.[@@]The team has introduced the ClearCast Illustrations ...
August 10, 2005
Array Of Income Solutions Is GrowingThe search for sound income-oriented products that consumers at or near retirement age find useful and affordable continues with no signs of abating, yet ...
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 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 ...
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 ...