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Fixed Products Lift JNL’s Annuity Sales By 8% in 1Q 2009

by Editorial Staff

Wed, May 20, 2009

Thanks to an 81% year-over-year increase in fixed annuity sales, Jackson National Life generated $2.6 billion in annuity sales in the first quarter of 2009, up 8% over the same period in 2008.

Regulatory Cloud Stifles EIA Market

by Kerry Pechter

Thu, May 21, 2009

Only two new EIA contracts were issued in the first quarter of 2009, both with bonuses and both with mandatory GLWBs. They were Forethought Life’s single-premium Income 125 and American Equity’s flexible-premium Retirement Gold.

Without Golden, Will MassMutual’s RMA Lose Its Glow?

by Editorial Staff

Thu, May 21, 2009

Jerry Golden has retired from Mass Mutual, leaving uncertainty over the future of the Retirement Management Account. MassMutual says the RMA, a tool for building income annuity ladders, "remains available."

VAs with No More Shelf Life

by Editorial Staff

Thu, May 21, 2009

A list of recently discontinued variable annuity contracts. Source: Milliman.