Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Pomeroy: VA Industry Should Be Wary Of Bush Tax Agenda
By Steven BrostoffByWashington The variable annuity industry should be wary of the Bush administrations tax agenda, which could make annuities a much less attractive product, says Rep. ...
June 08, 2003
NASD Issues Variable Annuity AlertByUnethical sales practices in the annuity marketplace have increased over the last few years, according to the National Association of Securities Dealers, causing the organization ...
June 05, 2003
Hancock To Cut Minimum Annuity Rate To 2%NU Online News Service, June 5, 2003, 4:31 p.m. EDT -- John Hancock Financial Services Inc., Boston, issued a clear warning today stating that ...
June 03, 2003
NAVA: Total 1st Quarter VA Flow Climbs 11%NU Online News Service, June 3, 2003, 12:40 p.m. EDT -- U.S. variable annuities attracted $29 billion in premiums during the first quarter, up ...
June 01, 2003
Industry Regroups After Failing To Get Annuities In The Tax Cut BillIndustry Regroups After Failing To Get Annuities In The Tax Cut BillByWashington The fallout from the failure of Congress to include variable annuities in the ...
May 28, 2003
BISA: Bank Broker-Dealers Report Mixed ResultsNU Online News Service, May 28, 2003, 5:11 p.m. EDT -- Bank broker-dealers reported lower sales for the first quarter than they reported for ...
May 25, 2003
Bank-Sold Insurance Will Keep EvolvingByThe days of banks simply offering bank customers 30-, 60-, 90- and 180-day certificates of deposit (CDs) and one-, three- and five-year CDs are long ...
May 25, 2003
Dividend Proposal Leaves Out VAsByWashington The life insurance industry took a hit at the hands of Congressional tax writers when they agreed on a $350 billion tax cut that ...