Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
March 16, 2003
Minimum Nonforfeiture Rate Change For Annuities Adopted By NAICMinimum Nonforfeiture Rate Change For Annuities Adopted By NAICByAtlanta A fast-track effort to lower the minimum nonforfeiture interest rate for individual deferred annuities was adopted ...
March 11, 2003
Manulife USA Creates Individual Wealth Management UnitNU Online News Service, March 11, 2003, 11:44 a.m. EST -- Manulife USA, Boston, has promoted James Boyle to president of a new individual ...
March 03, 2003
MONY Chooses AdminServer Annuity SystemNU Online News Service, March 3, 2003, 10:48 a.m. EDT -- MONY Life Insurance Company, a unit of The MONY Group Inc., New York, ...
March 02, 2003
NAIC's Latest Suitability Effort Elicits Mixed ReactionsNAICs Latest Suitability Effort Elicits Mixed ReactionsByRegulators latest effort to ensure suitable annuity sales to consumers is receiving general approval for its focus on the ...
March 02, 2003
NAIC Nonforfeiture Draft Open For CommentNAIC Nonforfeiture Draft Open For CommentByA regulatory proposal that would permit insurers to credit interest to individual deferred annuities that reflect current interest rate conditions ...
February 28, 2003
Lincoln Distributes Two Annuities Through AnnuityNetNU Online News Service, Feb. 28, 4:59 p.m. -- Lincoln National Corp., Philadelphia, is starting to use technology from AnnuityNet Inc., Herndon, Va., to ...
February 24, 2003
New NAIC Suitability Model Draws Mixed ReactionsNU Online News Service, Feb. 24, 4:33 p.m. -- Representatives for the American Council of Life Insurers, Washington, and SpreadtheRisk.org, Kansas City, Mo., a ...
February 19, 2003
Nationwide Unveils New Variable AnnuitiesNU Online News Service, Feb. 19, 11:14 a.m. -- Nationwide Financial Services Inc., Columbus, Ohio, says it will be selling two new "streamlined" variable ...
February 16, 2003
More Agents Asking How Guarantees In VAs Are BackedMore Agents Asking How Guarantees In VAs Are BackedByChanges in the market often affect the way financial services advisors do business by virtue of changing ...
February 13, 2003
Bank Annuity Sales Flat in DecemberNU Online News Service, Feb. 13, 3:55 p.m. -- Annuity sales in banks continued to slump in December, reports Kenneth Kehrer Associates, Princeton, N.J., ...