Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
The EIA Brouhaha: Whats Net?
By Linda KocoThe industry feels the NASD's Notice to Members has several misrepresentationsLas Vegas"You are primarily the producers of the product, not the manufacturer, so it ...
September 07, 2005
Old Mutual Demands Agent AttentionOld Mutual Financial Network says it will be cutting ties to agent organizations that fail to focus mainly on selling its annuity products and ...
September 07, 2005
VA Riders: Alphabet Soup Or Mulligan Stew?The features that probably are seeing the fastest growth in life insurance product development are the new variable annuity riders--the GMDBs, GMIBs, GMWBs and ...
September 06, 2005
Insurer Unveils VA Withdrawal GuaranteesJackson National Life Insurance Company has introduced 2 guaranteed minimum withdrawal benefit options for its Perspective variable annuity products.[@@]The AutoGuard feature gives purchasers the ...
September 06, 2005
Clearing Firm Automates Annuity TransfersThe Depository Trust and Clearing Corp. has added a service that will help broker-dealers automate administrative work for clients who switch firms.[@@]Today, brokers still ...
September 06, 2005
Illinois Insurer Rolls Out 5 Inde AnnuitiesFort Dearborn Life Insurance Company has introduced the Index Fortifier Series of fixed index annuities.[@@]The 5 annuity contracts provide interest credits linked to the ...
September 05, 2005
Banks Indeed Annuity Sales Swell In 2nd QuarterBanks are selling almost 3 times as many equity indexed annuities as they did a year ago, according to a report by Kenneth Kehrer ...
September 04, 2005
Innovation In Annuities--What It Takes To WinIs innovation alive or dead in the annuity business? The answer is, "yes--well, sort of," according to insurance professionals contacted for this story.