August 24th, 2009
Annuities said its new Web site educates consumers about variable annuities in
language that makes sense.
August 24th, 2009
Prudential Annuities said it adjusted its annuity optional benefits,
which allow investors to “lock in” the highest daily value of their
annuity contract each day the market is open.
August 19th, 2009
The Phoenix Companies, Inc., introduced a “first-to-die” universal life
insurance product that covers two lives under one policy, designed for
married couples or business partners.
July 28th, 2009
Morgan Stanley Smith Barney launched Select Retirement, an optional
income protection feature that is specially designed to augment the
Select UMA unified managed account program.
July 27th, 2009
A measure allowing federal agencies to rehire retirees without a cut in annuity payments passed the U.S. Senate last week as part of the Defense Authorization bill.
July 23rd, 2009
Genworth Life and Annuity Insurance Company launched a variable annuity designed to help advisers personalize a guaranteed income strategy for clients.
July 22nd, 2009
A federal appellate court has sent a 2008 rule governing fixed indexed annuities (FIAs) back to the U.S. Securities and Exchange Commission (SEC) that the court said was improperly passed.
Deals & People
July 20th, 2009
NAVA, the Association for Insured Retirement Strategies has completed
a rebranding and is now known as the Insured Retirement Institute (IRI).
June 11th, 2009
The new Income Annuity Training Guide from the Principal Financial Group helps financial professionals understand how to offer income annuities as part of a retirement income strategy, the company said.
June 9th, 2009
Bipartisan legislation has been introduced to give workers a new incentive to annuitize, rather than spend, their retirement savings.
June 1st, 2009
John Hancock launched AnnuityNote, which the company said is designed to bring "guaranteed income to a broader market beyond the reach of traditional variable annuities."
May 4th, 2009
MetLife Advisers (MLA) is partnering with Wilshire Funds Management for the MetLife Asset Allocation Program portfolios of Met Investors Series Trust, available primarily through MetLife Investors deferred variable annuities.
Data & Research
March 31st, 2009
A survey by Milliman of leading U.S. variable annuity (VA) carriers revealed that about 96% of variable annuities offered include some form of a guaranteed living benefit (GLB).
March 30th, 2009
Envestnet, a provider of solutions to financial advisers, and Nationwide have partnered to offer two annuity products.
February 27th, 2009
UNIFI Companies Retirement Plans has announced a new offering targeting the $3 million to $20 million retirement plans market.
February 12th, 2009
AXA Equitable Life Insurance Company announced the launch of its new online Beneficiary Resource Center to help beneficiaries and advisers file a life insurance or annuity claim.
Data & Research
January 29th, 2009
Deferred variable annuities show promise in the wealth transfer market, according to Cerulli Associates.
January 12th, 2009
ING has introduced the ING Educator's Direct 403(b) Program, a variable annuity issued by ING Life Insurance and Annuity Company, to education professionals in Delaware.
August 26th, 2008
Will guaranteed income wrappers for managed accounts gain widespread acceptance among fee-based advisers?
January 30th, 2008
Annuities in defined contribution plans are gaining momentum as aging baby boomers seek to create guaranteed retirement income streams, according to a report from the Financial Research Corporation (FRC).