FINRA Has “Disastrous Record”: Watchdog Group
Thu, Feb 25, 2010
FINRA and other SROs have “an incestuous relationship with the industry they are tasked with regulating," according to the Project on Government Oversight.
News
Don’t Tax High-Earners’ Annuity Income, Says ACLI
Thu, Feb 25, 2010
It's counter-productive to finance Medicare at our customers' expense, life insurance lobby tells Obama.
Variable Annuity Sales Fall 18% in 2009
Thu, Feb 25, 2010
“The last time VA sales were at this level was in 2003, at the end of the last financial crisis,” said LIMRA's research director.
White House Tweaks Senate Health Care Bill
Wed, Feb 24, 2010
Obama wants to close the Medicare prescription drug 'donut hole' and regulate 'unreasonable' health insurance premium hikes.
Prudential Financial Reports Turnaround in 2009
Wed, Feb 24, 2010
Individual annuity gross sales for the fourth quarter were $4.8 billion, up from $2.2 billion a year ago.
Fixed Annuity Sales Fall Overall in 2009
Tue, Feb 23, 2010
Total fixed annuity sales were $105.1 billion in 2009, just 2% less than the record high in 2008.
Brokers Are More Than “Blackjack Dealers,” PA Regulators Say
Wed, Feb 24, 2010
“What's at stake here is consumer and investor confidence,” the commissioners wrote to Sens. Arlen Specter and Bob Casey Jr.
Record Sales for Indexed Annuities in 2009
Wed, Feb 24, 2010
Allianz Life was the top-selling carrier in the quarter and for 2009, and its MasterDex X was the top-selling IA for the third quarter in a row.
401(k) Balances Bounced Back in 2009: Fidelity
Wed, Feb 24, 2010
A combination of S&P 500 growth and new contributions helped raise average Fidelity 401(k) balances 28% in 2009.
In UK, BMW Is “Ultimate Pension Machine”
Wed, Feb 24, 2010
The BMW pension plan adds to the still-new use of longevity swaps to control risk.
