Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Fied Annuity Buyers Split On Durations
By Staff WriterBuyers of 2 different types of fixed annuity contracts are sending mixed messages about interest rates.[@@]FA buyers' growing interest in multi-year contracts has surfaced ...
September 20, 2005
Suit Questions Sale Of Annuities To IRA HoldersPacific Life Insurance Company faces a class-action suit contending that the company improperly sold variable annuities for use within individual retirement accounts.[@@]Pacific Life, Newport ...
September 20, 2005
Carrier Group Continues To Fight NASD VA Proposal (Corrected)The American Council of Life Insurers has repeated its call for the U.S. Securities and Exchange Commission to scrap a proposed National Association of ...
September 19, 2005
Spitzer Asks Hartford About VA TradesNew York Attorney General Eliot Spitzer's office is asking for information about variable annuity transactions at Hartford Financial Services Group Inc.[@@]Spitzer's office has sent ...
September 18, 2005
Lack Of Liquidity Can Kill SuitabilityUnsuitable annuity sales and sales practices have been big news this year, along with Congressional hearings and various proposed standards to address suitability issues.
September 17, 2005
Lack Of Liquidity Can Kill SuitabilityUnsuitable annuity sales and sales practices have been big news this year, along with Congressional hearings and various proposed standards to address suitability issues.
September 15, 2005
Eecutive To Lead Sun Life Financial Distribution UnitIndependent Financial Marketing Group Inc. has hired Michael Weiss to be president.[@@]Independent Financial, Purchase, N.Y., a company that distributes insurance and financial products through ...
September 14, 2005
Give Annuity Customers A Fair Shake, Advisors SayLas Vegas"Annuity customers want a fair shake, not a shakedown," said Michael J. Cajthaml, a general practitioner and president of McHenry County Investment Services, ...