Variable Annuities
Variable annuity news and analysis, including coverage of registered indexed linked annuity (RILA) contracts.
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 ...
April 29, 2005
Waddell & Reed Agrees To $32.5 Million In SettlementsWaddell & Reed Financial Inc. says it will spend about $32.5 million to settle litigation triggered by past efforts to cut ties with another ...
April 28, 2005
Investors Flock To Lifestyle OptionsNU Online News Service, April 28, 2005, 3:10 p.m. EDTING Annuities says holders of about 33% of its new variable annuity contracts are choosing ...
April 18, 2005
Missouri Seeks Stricter VA RulesNU Online News Service, April 18, 2005, 12:35 p.m. EDTThe Missouri Department of Insurance has proposed requiring insurers to issue suitability statements for the ...
April 15, 2005
Bank EIA Sales SoarNU Online News Service, April 15, 2005, 2:15 p.m. EDTBank sales of equity indexed annuities climbed to $259 million in the fourth quarter of ...
April 13, 2005
Tillinghast Develops Annuity Management ToolsNU Online News Service, April 13, 2005, 3:45 p.m. EDTAn actuarial firm has introduced 2 software programs for life insurers that write variable annuities.[@@]The ...
March 31, 2005
TIAA-CREF Uses NaviSys SystemNU Online News Service, March 31, 2005, 3:32 p.m. ESTA large New York insurer is using a system from an Edison, N.J., firm to ...
March 31, 2005
Bank Annuity Sales Fall 7%NU Online News Service, March 31, 2005, 4:01 p.m. ESTAnnuity sales at banks and savings institutions fell to $3.3 billion in January, down from ...
March 30, 2005
Waddell & Reed Brokers Continue To Sell In MissouriA Kansas financial services company is facing more fallout from past efforts to put distance between itself and its old corporate parent.[@@]Missouri Securities Commissioner ...
March 23, 2005
SEC Rule Needs Revisitingby Joan E. BorosIt has been over 40 years since the federal courts held that variable annuities were securities and subject to the Investment Company ...