Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Bank Annuity Sales Topped $50 Billion In 2003
By Staff WriterBy Kenneth KehrerTotal bank sales of individual annuities (fixed and variable) inched up 2% to a new sales record of $50.1 billion in 2003.While fixed ...
February 26, 2004
Principal Announces 7 PromotionsNU Online News Service, Feb. 26, 2004, 1:43 p.m. EST -- Principal Financial Group Inc., Des Moines, Iowa, has announced 4 top-level promotions.[@@]The company ...
February 25, 2004
Western United Uses Aquilan Patriot Act SoftwareNU Online News Service, Feb. 25, 2004, 3:52 p.m. EST -- The Aquilan Group Inc., San Antonio, says a life insurer has started using ...
February 17, 2004
BISA Reports Big Drop In Bank Fixed Annuity SalesNU Online News Service, Feb. 17, 2004, 4:32 p.m. EST -- Bank broker-dealers ran into turbulence in the fourth quarter of 2003.[@@]The stock market ...
February 12, 2004
Fixed Annuity Sales May Pick Up In 2004ByYou might expect fixed annuity sales to have an inverse relationship with the S&P 500.That is often the case, but usually fixed sales are tied ...
February 12, 2004
New Annuity Designs Are Taking A Page From HistoryNew Annuity Designs Are Taking A Page From HistoryThe sentiment behind a well-known Broadway musical, "Everything Old is New Again," also could be applied to ...
February 12, 2004
Why Equity Indexed Annuities WorkThe Way They DoEquity Indexed Annuities are here to stay. While they may seem complicated at first, they are really just annuities that credit money ...
February 12, 2004
Incorporating Variable Annuity Features In Variable Universal LifeByVariable annuities and variable universal life insurance have many bona fide, substantive distinctions. But developers are exploring ways to incorporate features of one type of ...