Annuities Industry

News

Wall Street Goes Shopping in the Frozen Pension Aisle?

Financial firms seek legislation that would let them buy and manage the estimated $500 billion currently in “frozen” pension plans.

UK Variable Annuity Launches Hit Snag

Two UK insurers, Prudential plc and Standard Life, have delayed their planned variable annuity products launches, for undisclosed reasons.

More Time Needed to Comment on Index Annuity Rule—Old Mutual

An attorney for Old Mutual Financial Network has asked the SEC to extend by 120 days the comment period on SEC proposed Rule 151A, which would classify index annuities as securities.

NAFA To Oppose SEC Proposed Rule 151A

The fixed annuity trade group will hire a Washington public relations firm and a law firm and propose a “complete withdrawal” of Rule 151A.

Advantage Compendium Publishes GLWB Study

“The GLWB revolution may permit one to both eat their retirement cake and have it to pass to their heirs,” said Jack Marrion, the study's author.

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Articles

On the Road to STP August 2008

Obtaining acceptance from state insurance regulators is a key objective of NAVA's Straight-through Processing (STP) Standards initiative.

U.S. Colleges and Universities Provide Retirement Industry Research

Colleges and universities throughout the United States are now dedicating much sought after grant money to individual and department research on retirement topics.

Insurance Man Bites Dog

The editors of SmartMoney magazine could have throw some much-needed light on variable annuities but chose to cast them in the worst light possible.

SEC Poised to Regulate Index Annuities

Last June 25, the SEC approved a proposal that would, for the first time, classify index annuities as federally regulated securities.

The Arms Race for Distribution

Faced with the toughest equity market in five years, the top-selling variable annuity issuers have stepped up their wholesaling game, adding road warriors and equipping them with value-added products and services.

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