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Annuity Market News articles from January 2006
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Annuity Market News archives from January 2006
New Case Raises More EIA Questions: Galvin Goes on the Offensive Against Firm.(equity index annuities)
January 1, 2006... with 414 Massachusetts Reps
Under William Galvin, Secretary of the Commonwealth, the Massachusetts Securities Division filed an administrative complaint in mid-November involving the sale of equity index annuities (EIAs) against Investors...
Redefining an Industry Message.
January 1, 2006... This fall I've had the pleasure of spending time with an old friend who's been attending Florida State University home football games with me. My friend is a six-time Emmy award-winning producer and former major market news anchor who works for...
Asset Retention: Give Beneficiaries a Checkbook Instead of a Check.
January 1, 2006... Gerry Goldsholle isn't a physician but he knows something about comatose patients.
Goldsholle heads the Advice Company in Sausalito, Calif., now, but in 1984 he was vice president for planning and corporate development at New York-based...
At Deadline.(Morningstar is buying Ibbotson Associates )(New York Stock Exchange )
January 1, 2006... Ibbotson Sold for $83 Million to Morningstar
Morningstar is buying Ibbotson Associates for $83 million in cash in
the first quarter of 2006. Ibbotson will bring its asset allocation expertise and help Morningstar become one of the...
People Moves.(Nationwide Financial appoints John L. Carter and Timothy Frommeyer)(Cerulli Associates appoints Lisa Plotnick )
January 1, 2006... Nationwide Elects Execs
Nationwide Financial has elected two top executives, John L. Carter and Timothy Frommeyer.
Carter is now president of Nationwide Financial Distributors, replacing Richard A. Karas, who is retiring. He is also...
Welcome NAVA Members.(Brief Article)
January 1, 2006... We are very pleased to welcome all National Association for Variable Annuities members as readers of the combined Annuity Market News and NAVA Outlook.
As part of this new benefit, we invite you to visit the AMN Web site, which features a...
What Is A Certified Senior Adviser?
January 1, 2006... One element of the Massachusetts Securities Division's case against Investors Capital Corp. of Lynnfield, Mass., (see cover story) revolves around the use of the certified senior adviser (CSA) designation. In its complaint, the division...
The Trouble with EIAs.(equity index annuities )
January 1, 2006... The Massachusetts Securities Division criticized the product structure of equity index annuities (EIAs) in its complaint against Lynnfield, Mass.-based Investors Capital Corp. Especially given that EIAs are a fixed annuity and fall under the...