Variable Annuities
Variable annuity news and analysis, including coverage of registered indexed linked annuity (RILA) contracts.
California Agency Looks Hard At VA Sellers
By Arthur D. PostalCalifornia securities regulators are taking a tough look at variable annuity sales practices.[@@]The regulators have started an "extremely rare sweep" of the 3,409 broker-dealer ...
July 15, 2004
Stock Market Rebound Helps Citigroup VA SalesThe stock market rebound helped sales of variable annuities at Citigroup Inc., New York, during the second quarter.[@@]The company's Travelers Life & Annuity unit ...
July 13, 2004
Finetre To Offer Free VA Prospectus Database TrialNU Online News Service, July 13, 2004, 1:45 p.m. EDTFinetre Corp., Herndon, Va., has added online prospectus access to its VARDS products.[@@]The company's annuity ...
July 06, 2004
MetLife Publishes Immediate Annuity BrochureNU Online News Service, July 6, 2004, 4:36 p.m. EDTMetLife Inc., New York, has published a brochure that explains the use of immediate annuities ...
July 01, 2004
Bird in HandRegulators are cracking down on abusive sales tactics by broker/dealers selling annuities. But sales of variable annuities--and, particularly, immediate annuities--continue to grow at a healthy...
June 17, 2004
SEC Tells VA Insurers: Dont Pretend There Are No ProblemsSEC Tells VA Insurers: Dont Pretend There Are No ProblemsByWashingtonFor the well-being of the industry, variable annuity insurers must confront abusive sales practices and work ...
June 16, 2004
Canadian Insurer Renames U.S. VA ProductsNU Online News Service, June 16, 2004, 6:16 p.m. EDT -- Sun Life Assurance Company of Canada (U.S.), Wellesley Hills, Mass., is giving its ...
June 10, 2004
NASD Seeks Variable Product Suitability RuleByWashingtonVariable annuity sales would come under tougher suitability and disclosure requirements under a new rule proposed by the National Association of Securities Dealers.The proposal comes ...