Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Fied Annuity Database Adds Carriers
By Staff WriterBeacon Research Publications Inc. is putting information from more fixed annuity issuers into its AnnuityNexus FA database.[@@]Beacon, Evanston, Ill., is adding FA information from ...
July 22, 2005
Regulators Ponder Reserving PrinciplesMembers of the American Academy of Actuaries have drafted a statement of principles that actuaries, insurers and regulators can use to set and assess ...
July 22, 2005
Harford B-D Unit Adds Sales ManagersWoodbury Financial Services has named 6 new regional sales directors.[@@]Woodbury, the broker-dealer arm of Hartford Financial Services Group Inc., Hartford, says the new regional ...
July 22, 2005
Industry To Fight Proposed VA Suitability RegulationsThe American Council of Life Insurers will be asking federal regulators to reject a proposed variable annuity sales suitability regulation developed by the National ...
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 ...
July 21, 2005
Allstate Warns About Fied AnnuitiesThe Allstate Corp. says it is doing well but has concerns about fixed annuities because of continuing weakness in fixed annuity spreads.[@@]Tough competition and ...
July 21, 2005
SEC Requires Separate Tags For Separate AccountsThe U.S. Securities and Exchange Commission wants manufacturers of variable annuities and variable life contracts to help it distinguish between the electronic filings of ...
July 20, 2005
AEFA Fills Distribution PostsAmerican Express Financial Advisors has hired 2 vice presidents.[@@]One of the new executives, Marty Griffin, will be general manager of outside product distribution. The ...