Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Bank Of America Settles With Mass. On VA Sales To Elderly
By Trevor ThomasBank of America's brokerage unit has agreed to settle a state regulator's complaint that it sold inappropriate variable annuities to older seniors in 2003 ...
June 28, 2005
Panelists Ponder Role Of The CCONewly-empowered compliance officers should focus on ensuring transparency and clearly defining the roles of company officials.[@@]Experts gave that advice here Monday at the opening ...
June 28, 2005
Atkins Calls For Clarity In VA RulemakingThe U.S. Securities and Exchange Commission should tread carefully in establishing disclosures for variable annuities at the point of sale, an SEC commissioners said ...
June 27, 2005
New York Subpoenas Hartford FinancialThe New York attorney general's office is asking Hartford Financial Services Group Inc. about sales of variable annuities.[@@]The office has sent Hartford Financial, Hartford, ...
June 27, 2005
Analyst: Life Sector Will Outperform MarketAnalyst: Life Sector Will Outperform MarketPublicly traded life insurers should do better than other public companies over the next 6 months, and life insurers ...
June 26, 2005
Selecting A Fixed Index Annuity? Look Under The HoodFixed index annuities may have similar labels, but one size does not fit all. It's what is under the FIA hood that really counts--in particular, the interest crediting strategy.
June 25, 2005
Selecting A Fixed Index Annuity? Look Under The HoodFixed index annuities may have similar labels, but one size does not fit all. It's what is under the FIA hood that really counts--in particular, the interest crediting strategy.
June 24, 2005
British Pru Agrees To Acquire Annuity BlockPrudential P.L.C. has agreed to acquire 52,500 pension annuity contracts from Phoenix Life & Pensions Ltd. through a reinsurance arrangement[@@]Prudential, London, says the block ...