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Company/Trade Group News

VA Sales Up Sharply in Q2: LIMRA

by Editorial Staff

Tue, Aug 17, 2010

"VA sales jumped more than $3 billion in the second quarter,” said Joe Montminy, assistant vice president for LIMRA's annuity research.

How to Reduce the Threat of Fiduciary Liability Lawsuits

by Editorial Staff

Wed, Aug 18, 2010

A new report designed to help employers reduce their exposure to fiduciary liability lawsuits appears to reflect an increasingly adversarial relationship between plan sponsors and plan participants.

Broadbridge Acquires NewRiver for $77 Million

by Editorial Staff

Tue, Aug 17, 2010

The acquisition accelerates Broadridge’s e-strategy while strengthening its industry-leading compliance communication capabilities, the company said in a release.

Transamerica Launches "Bridge" GLWB

Transamerica Launches "Bridge" GLWB

by Kerry Pechter

Tue, Aug 17, 2010

The new Income Link rider pays out between 5% and 10% of the income base for a few years, then 4% for life. "It's designed for higher income in the near-term," says Dave Paulsen, Transamerica's national sales manager.