Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
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 29, 2005
IRS Releases Final 412(i) Valuation RegulationsThe Internal Revenue Service has completed regulations that are supposed to keep employers and insurers from playing games with the values of life insurance ...
August 26, 2005
EIAs To Sparkle Amid Dull Annuity Sales: ReportAn investment banking firm expects equity indexed annuity sales will shine this year in an otherwise lackluster annuity market.[@@]Analysts from Fox-Pitt, Kelton Inc., New ...
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 24, 2005
Florida Benefits Agency EpandsFelten & Associates has opened a new office in Stuart, Fla., and named Cathy Sherry to help set up operations there.[@@]Sherry is a certified ...
August 24, 2005
Outraged About NASD Action On EIAsTo The Editor: (Re: "Reaction Fires Up To NASD Notice on EIAs," Aug. 15.) Once again the National Association of Securities Dealers is overstepping ...
August 22, 2005
Nationwide Offers Equity Indeed AnnuityNationwide Financial Services Inc. is offering its first indexed annuity.[@@]Nationwide, Columbus, Ohio, says its new Nationwide Clear Horizon Index Annuity is designed to be ...
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 ...