Variable Annuities
Variable annuity news and analysis, including coverage of registered indexed linked annuity (RILA) contracts.
August 19, 2005
Analyst Predicts Continuing Weakness In VA SalesSecond-quarter variable annuity results were weak.[@@]Suneet Kamath, an analyst at Sanford C. Bernstein and Company L.L.C., New York, dissects the figures this week in ...
August 18, 2005
Brokers Gain Share In VA MarketBrokers and other investment professionals accounted for 57% of U.S. variable annuity sales in 2004, up from 52% in 2003.[@@]Researchers at Integras, a unit ...
August 17, 2005
Allstate Develops VA Illustration SystemA team at Allstate Corp. has developed a tool for Allstate agents who want to sell variable annuities.[@@]The team has introduced the ClearCast Illustrations ...
August 10, 2005
Array Of Income Solutions Is GrowingThe search for sound income-oriented products that consumers at or near retirement age find useful and affordable continues with no signs of abating, yet ...
August 04, 2005
Investments Buoy Nationwide FinancialNationwide Financial Services Inc. posted a sharp increase in second-quarter profits despite large cash outflows at its annuity operations.[@@]Nationwide, Columbus, Ohio, is reporting $141 ...
August 03, 2005
Phoeni Aims To Simplify Annuity ChoicesThe Phoenix Companies Inc. is introducing a new line of variable annuities in an effort to make it easier for clients to buy the ...
July 21, 2005
SEC Allows Only 3 Weeks For VA Suitability Rule CommentsFederal regulators are preparing to impose special suitability requirements on the sale of variable annuities along with requirements that broker-dealers and supervisors do more ...
July 20, 2005
Fitch Discusses VA MarketFitchAug04jcBanner--RatingsOffers Details On New Stochastic Fitch ModelFitch Ratings detailed its new stochastic model to analyze VA capital requirements and discussed the shift in how ...
July 20, 2005
How Old Is Too Old To Buy A Deferred Annuity?Controversy continues regarding sales of deferred annuities--particularly deferred variable annuities to seniors (usually defined as those over age 70).In recent times, regulators--including state insurance ...
July 13, 2005
Bank of America Settles With Mass. On VA Sales To ElderlyThe brokerage unit at Bank of America Corp. has agreed to settle a state regulator's complaint that it sold inappropriate variable annuities to older ...