Letters From Industry Leaders
By Staff WriterDavid Woods On CommissionsTo The Editor:I would not normally argue with my longtime friend, mentor and predecessor, Jack Bobo, particularly since I seldom win when ...
March 23, 2005
New Jersey Officials Charge Three with Market TimingThree former traders in the Fort Lee, N.J., office of Merrill Lynch Pierce Fenner & Smith Inc. have had their securities trading registration revoked by the New Jersey Bureau of Securities and also face allegations of market timing from the New Jersey Attorney General's office in connection with trades they...
March 23, 2005
New RMD Rules Will Challenge VA InsurersBy Timothy C. Pfeifer and Susan J. SellA new Internal Revenue Service regulation will impact calculations of required minimum distributions (RMDs) from variable annuity contracts ...
March 23, 2005
Life Insurers Surplus Rose 11.6% In 2004For 100-company composite, 2-year gain was 30.8% Townsend ChartBy Frederick s. Townsend and Laurie DallaireOne hundred companies, comprising 84% of life insurance industry assets, ...
March 23, 2005
Dedicated Short Bias Leads CSFB/Tremont in FebruaryNEW YORK (HedgeWorld.com)--The CSFB/Tremont Hedge Fund Index showed a positive return of 1.43% for February, with the dedicated-short category leading all strategies with a return of 3.4%. It was the second straight strong month for short-biased managers, who turned in a 6.9% performance in January and who now stand at...
March 23, 2005
Hedge Funds Still OK For Variable Policiesby Norse N. Blazzard and Judith A. HasenauerThe financial and insurance trade press has been publishing articles in the past few weeks regarding final regulations ...
March 23, 2005
VA Income Options Going Next-GenVA Income Options Going Next-GenbyTraditional annuitization from variable annuities used to be the only way for advisors to offer clients lifetime retirement income. This is ...
March 23, 2005
Simplify The VUL SaleHelp a prospect grasp certain connections and stimulate motivation to buyBy Thomas BorchertSelling variable universal life doesnt need to be complex and confusing. Clients understand ...