February 5, 2012
In a market defined by low interest rates, investors are searching for higher returns. But brokers had better be careful about how they try to deliver those results, according to their primary regulator. In a 16-page letter posted on its website Tuesday, the...
February 3, 2012
Prudential Financial Will pay $17 million to settle with seven states; regulators claim insurer used more comprehensive database for cutting off annuity payments than one used to locate those owed money.
January 29, 2012
Reduced commissions for agents, more tweaking to annuities and lower profitability could be in store for life insurers now that the Federal Reserve has committed to keeping interest rates low until late 2014. The Fed said last week that it will maintain the target range for the...
January 26, 2012
Extension of cheap money policy seen boosting annuity costs, reducing benefits and commissions
January 22, 2012
Jefferson National, creator of the flat-fee variable annuity, hopes to step up its distribution among fee-based advisers following a management buyout. Financial Partners Fund, a unit of Citi Capital Advisors, The Stephens Group LLC and Goldman Sachs Asset Management alumnus Eric...
January 18, 2012
Older fixed annuities, ones that hold 3% guaranteed minimum rates, are looking pretty attractive right now
January 17, 2012
Caplan oversees $83 million acquisition of flat-fee VA seller; targets RIAs
January 12, 2012
MetLIfe, Axa curbs on clients' VA additions a way to rein in market exposure amid tough economy
January 3, 2012
Sammons to launch new product with large investment menu; hawking the tax benefits, not the living benefits
December 18, 2011
Despite a marked increase in investor appetite for variable annuities, 2011 will go down as a year of retreat for many of the VA industry's biggest players. The volatile stock market, coupled with a prolonged low-interest-rate environment, made it difficult — not to mention...
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