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Annuity Market News articles from December 2006
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Annuity Market News archives from December 2006
Six Ways the VA Industry Can Grow: NAVA Frets That The Engine is Sputtering'.(Conference news)
December 1, 2006... NEW YORK-One large question lingered over the National Association for Variable Annuities' Annual Meeting here in mid-October: How can the individual variable annuity industry climb out of its cash flow slump?
Judging by the low ratio of...
What's Stopping STP for Annuities? 90% of Annuity Orders Still Processed the Old Way.(straight-through-processing)
December 1, 2006... You've probably heard that straight-through-processing (STP) for annuities is already a reality. You may also have heard it's still a couple of years away. Apparently, there's a bit of truth to both statements.
On the one hand, several...
Goodbye, Rest Home. Hello, Love Shack': TV Ads Put New Face on Retirement.
December 1, 2006... Which is the face of the retiring Baby Boomer: Leonard "Rosie" Ross, the 100-year-old trumpeter from Prescott, Ariz., or Dennis Hopper, the ageless Hollywood rebel?
Television ad campaigns for Genworth Financial, Ameriprise Financial and...
At Deadline.(National Association of Securities Dealers investigates bank's annuities sale)(National Association of Securities Dealers fines Paul Saunders of James River Capital)
December 1, 2006... Bank VA Sales Draw Scrutiny of the NASD
With more variable annuities being sold through banks, the NASD is concerned that brokers based in banks aren't adequately warning customers that such products are riskier than bank deposits.
...
People Moves.(Sun Life Financial-Ronald H. Friesen )(Direxion Funds- Bennett Coleman )(McCamish Systems -Karen Weidman )
December 1, 2006... Sun Life Fin'l Promotes Friesen to CFO in U.S.
Sun Life Financial has promoted Ronald H. Friesen to serve as the chief financial officer of its U.S. division. He was previously vice president, corporate capital in Sun Life's international...
The Dawn of Finsurance': By Kerry Pechter.(Ibbotson Associates Inc.'s patented method of investment)
December 1, 2006... Ibbotson's Patented Process Shows Retirees How Much to Annuitize
The granting of U.S. patent #7120601 to Ibbotson Associates in late October was a sign that the era of "finsurance"-the marriage of financial and insurance products to...
