Results for "fixed annuities"
Displaying 110 results
June 14, 2009
The Financial Industry Regulatory Authority Inc.'s proposal to widen its purview to include non-securities products has left some in the fixed-annuities industry gnashing their teeth. Finra is seeking comments on Regulatory Notice 09-25, which...
May 28, 2009
Fixed annuities continued to outsell their variable counterparts in the first quarter, according to data from LIMRA International Inc. of Windsor, Conn. For a second consecutive quarter, fixed annuities beat variable annuities, raking in $35.6...
April 15, 2009
Requiring annuities or other fixed-income products be included as an option in 401(k) plans is being considered by the House Education and Labor Committee, said Rep. Robert Andrews, D-N.J., chairman of the committees Health, Employment, Labor...
December 1, 2008
Fixed annuity sales in the United States hit $27.1 billion in the third quarter, up by 54% from the third quarter of 2007, according to data from Beacon Research of Evanston, Ill. Sales from the third quarter mark a six-year record since the...
September 4, 2008
Overall individual-annuity sales grew 4% during the second quarter, buoyed by a spike in fixed-annuity sales, according to Limra International Inc. U.S. individual-annuity sales grew to $68.4 billion during the second quarter, up from $65.7...
August 27, 2008
The National Association of Independent Life Brokerage Agencies has announced its opposition to the Securities and Exchange Commissions regulation of fixed indexed annuities as securities. A key provision in proposed Rule 151A states that...
August 25, 2008
Fixed-annuity sales hit an estimated $24.6 billion during the second quarter, up 54.1% from the second quarter of 2007, according to Beacon Research. Book value annuities, which pay a declared rate of interest for a specified period, brought...
December 19, 2007
ING USA Annuity and Life Insurance Co. has introduced the ING Envoy Fixed Index Annuity family of products. This new line of fixed index annuities gives customers windows of opportunity in which they can withdraw from the policy without...
November 12, 2007
Using a fixed-income annuity in a retirement income account resulted in greater long-term wealth for an investor than a portfolio of equity and bond investments even in an up market, according to a study released today. MassMutual Financial...
October 31, 2007
Citigroup Inc. has announced plans to buy Carlton Hill Global Capital LLC, a New York-based fixed-income money manager, according to published reports. Citigroup, the United States largest bank, suffered a $5.9 billion write-down in the third...
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