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New York Life SPIA Sales Up 35% in 2009

by Editorial Staff

Wed, Dec 23, 2009

In the third quarter, the largest U.S. mutual life insurer led all issuers in sales of fixed immediate annuities and sales of fixed annuities in the bank channel.

Cerulli Calls DB(k) a “Diamond in the Rough”

by Editorial Staff

Wed, Dec 23, 2009

But the consulting firm says that neither advisors, asset managers or investors are enthusiastic about the one-year opportunity for Roth IRA conversions.

New Executive Hires at AVIVA USA, ING

by Editorial Staff

Wed, Dec 23, 2009

Jeff Frazee goes to Aviva USA, Lynne Ford to ING.

Lawmakers Dilute Fiduciary Standard for Discount Brokers

by Editorial Staff

Wed, Dec 23, 2009

Under proposed law, registered reps would have no “continuing duty of care or loyalty to the customer” after providing advice.