Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Bird in Hand
By Melanie WaddellRegulators 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 ...
June 10, 2004
VA Reserving Timetable: Adopt In' 04, Implement In '05VA Reserving Timetable: Adopt In 04, Implement In 05ByRegulators at the National Association of Insurance Commissioners have decided to postpone implementation of a risk-based capital ...
June 09, 2004
NASD Seeks Variable Product Suitability RuleNU Online News Service, June 9, 2004, 2:52 p.m. EDT, Washington -- Variable annuity sales would come under tougher suitability and disclosure requirements under ...
June 04, 2004
NAIC Postpones VA Guarantee ImplementationNU Online News Service, June 4, 2004, 6:27 p.m. EDT -- Regulators at the National Association of Insurance Commissioners have decided against trying to ...
June 03, 2004
NASD Slams Broker-Dealer With Fine For VA Market TimingNASD Slams Broker-Dealer With Fine For VA Market TimingByWashingtonThe National Association of Securities Dealers has fined a Richmond, Va.-based broker-dealer $450,000 in what the NASD ...