Variable Annuities
Variable annuity news and analysis, including coverage of registered indexed linked annuity (RILA) contracts.
ING Appoints Annuity Distribution Managers
By Staff WriterING U.S. Financial Services has named 4 division sales managers for it's annuity marketing unit.[@@]The company has hired David Barnes to be divisional sales ...
August 26, 2005
Allmerica To Outsource VA, UL ProcessingSecurity Benefit Corp. has entered into a long-term agreement to provide business processing services for Allmerica Financial Life Insurance and Annuity Company.[@@]Under this agreement, ...
August 19, 2005
Regulators Tighten Roth IRA Annuity Valuation RulesThe Internal Revenue Service wants taxpayers to be reasonable when they are moving variable annuities into Roth individual retirement accounts.[@@]The IRS has issued a ...
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 ...