Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Community Bank Brokerage Sales Rise
By Trevor ThomasU.S. community banks increased revenue from brokerage operations 15% between the first quarter of 2004 and the first quarter of 2005.[@@]Kenneth Kehrer Associates, Princeton, ...
June 22, 2005
IFMG To Work With Highland CapitalIndependent Financial Marketing Group Inc. has tapped Highland Capital Brokerage to help it increase sales of advanced life insurance products.[@@]Highland, Birmingham, Ala., will provide ...
June 21, 2005
Hartford Says States Continue Annuity ProbeThe Hartford Financial Services Group Inc. says it has received more subpoenas for information about its group annuity products from the attorneys general of ...
June 21, 2005
Pre-Boomers Feel ConfidentPre-Boomers Feel ConfidentThe great majority of members of the "Silent Generation" feel confident that they have enough money to live comfortably until age 85, ...
June 20, 2005
Key Eecutive To Retire At NationwideNationwide Financial Services Inc. says Richard Karas will be retiring Dec. 31.[@@]Karas, 62, is Nationwide Financial's senior vice president for non-affiliated sales. He started ...
June 20, 2005
Bank Of America Leads In Brokerage RevenueBrokerages in banks saw investment income fall 7% during the first quarter, according to a new report.[@@]The industry tallied $1.4 billion in income from ...
June 20, 2005
Annuity Seller Offers Identity ProtectionSun Life Financial U.S. is offering customers a new layer of protection.[@@]The Wellesley Hills, Mass., insurer will be providing 1 year of free PrivacyGuard ...
June 17, 2005
Skandia To Settle SEC Charges (Corrected)Skandia Insurance Company Ltd. is offering to settle a case involving allegations of past market-timing problems at its old American Skandia unit.[@@]Prudential Financial Inc., ...