Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
May 26, 2005
Tucker Leaves Waddell & ReedThe head of a financial services company that is spending about $32 million to settle litigation is stepping down.[@@]The company, Waddell & Reed Financial ...
May 25, 2005
McCamish Takes Over Administration Of Old Mutual VA AssetsMcCamish Systems L.L.C. says it has taken over administrative services for a block of variable annuities from the Old Mutual Financial Network.[@@]McCamish, Atlanta, is ...
May 25, 2005
Inviva Charges Flat VA Insurance FeeA New York company has started selling a variable annuity that comes with a flat insurance fee of $20 per month.[@@]The company, Inviva Inc., ...
May 24, 2005
US Bank Adds Symetra AnnuitiesSymetra Life Insurance Company has expanded its annuity line sold through US Bancorp Investments Inc. [@@]Symetra, Redmond, Wash., has added its Custom and Select ...
May 24, 2005
Sapiens Releases Life %amp; Annuities SoftwareSapiens International Corp. N.V. announced the North American release of its Sapiens Insight for Life & Annuities software package, based on business-rules technology.[@@]Sapiens, Rehovot, ...
May 23, 2005
Equity-Indeed Annuities Share SoarsSales of equity-indexed annuities comprised nearly 30% of all annuities sold last year, up nearly 500% since 2002, according to a recent survey.[@@]Financial Research ...
May 23, 2005
Americans Underinsured For Their Fears: JWT StudyNU Online News Service, May 23, 2005 12:00 P.MAs a whole, Americans are more anxious than they used to be about life-and-death issues, a ...
May 20, 2005
Campaign Stresses Suitability Of Annuity RolloversMassMutual Financial Group has launched a new IRA annuity rollover campaign that it says puts special emphasis on suitability.[@@]The campaign, targeted to financial professionals, ...
May 18, 2005
The Power Of Selling The Surrender PeriodThis feature of fixed annuities is widely misunderstoodOne of the great enigmas in today's insurance industry is the polar-opposite realities and perceptions held by ...
May 18, 2005
With Equity Inde Annuities, Talk Effective ParticipationWith equity index annuity sales surging, products proliferating, confusion reigning and regulators lurking, this may be the time for the industry to develop a ...