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Annuity Market News articles from April 2006
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Annuity Market News archives from April 2006
Why Annuitization Won't Sell: Planning, not Product, Remains Key to Annuity Sales.(planning of offering)
April 1, 2006... RANCHO MIRAGE, Calif. - The industry doesn't seem to agree about much lately, except the fact that annuitization won't sell. Here, the marketing conference of the National Association for Variable Annuities of Reston, Va., brought together...
Healthcare and Longevity: Risks and Opportunities That Go Together.
April 1, 2006... Healthcare costs may become part of the next big trend in variable annuity riders. While considering the financial impact of advanced age medical bills is a key element of retirement income planning, this opportunity should not become yet...
The Saga of Hartford's Large Outflows: Why Over $1.2 Billion in VA Assets Flew Last Year.(variable annuities)(Hartford Life Inc.)
April 1, 2006... Has The Hartford's variable annuity business sprung a leak?
The Simsbury, Conn., insurer's fourth quarter, 2005 financial report, indicates its variable annuities experienced an $880 million net outflow. Net outflows for the entire year...
Tax Incentive for Annuitization in the Air.
April 1, 2006... Is this the year Congress finally will give retirees a tax break on immediate annuity income?
A fistful of bills in the House and Senate would reduce the Federal income tax on immediate annuities. But many fear a record U.S. government...
At Deadline.(variable annuity business)
April 1, 2006... Pru Buys Allstate VAs
Prudential Financial has made a play for the variable annuity business of Allstate Financial that will significantly boost the company's stature in the adviser-sold space. The $560 million reinsurance deal will...
People Moves.(Rick Singmaster and Alex MacGillivrary joins Prudential Annuities)(John Walters joins Hartford Financial Services Group's division)(Gregory P. Zeller joins LIMRA International)
April 1, 2006... AdminServer Replaces Executive Team
AdminServer has replaced its executive team, the company's founders, with three new leaders. Chris Doggett, former president and CEO, Robert Hamill, former COO, and Christopher Prabhu, former CIO, will...