Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Income Annuities Can Create Stability In A Sea Of Investment Volatility
By Bill LavanneByWould you advise your clients to swim across a river in which half of the swimmers who made the attempt drowned?Of course not. Yet many ...
January 30, 2003
Hartford Increases VA SalesNU Online News Service, Jan. 30, 1:07 p.m. -- Hartford Financial Services Group Inc., Hartford, says it increased sales of variable annuities 15% in ...
January 27, 2003
Analyst: Bush Plan Would Hurt Annuity SalesNU Online News Service, Jan. 27, 10:22 a.m. -- President George W. Bush's proposal to eliminate the tax on stock dividends would devastate life ...
January 26, 2003
Bank Reps Still Most Comfortable With Fixed Annuities, Study FindsByFixed annuities remain the vanguard of bank insurance programs, a recent study sponsored by Independent Financial Marketing Group, Purchase, N.Y., found. All of the banks ...
January 22, 2003
AnnuityNet Handles 165,000 TransactionsNU Online News Service, Jan. 22, 9:41 a.m. -- AnnuityNet Inc., Herndon, Va., says it processed about 165,000 annuity transactions in 2002.The transactions included ...
January 21, 2003
Citigroup Reports Lower 4th Quarter Net IncomeNU Online News Service, Jan. 21, 12:41 p.m. -- Citigroup Inc., New York, is reporting $2.4 billion in net income for the fourth quarter ...
January 21, 2003
Info-One System Attracts More IssuersNU Online News Service, Jan. 21, 10:40 a.m. -- Info-One, Campbell, Calif., says all of the top 25 issuers of non-group U.S. variable annuities ...
January 19, 2003
Banks Annuity Sales Slump Continued In NovemberBanks Annuity Sales Slump Continued In NovemberByBank sales of annuities continued to falter in November after setting a record pace earlier in the year, according ...