Annuity Market News articles from July 2006

Annuity Market News archives from July 2006

Spousal Benefits Becoming Popular.
July 1, 2006... Insurers are taking direct aim at retiring Baby Boomers by offering variable annuity living benefits for spouses. As an attractive alternative to annuitization, major carriers have fine-tuned their guaranteed minimum withdrawal benefits...

Inflation-Adjusted IA Benefits Get Attention.(income annuities)
July 1, 2006... Now that inflation is becoming a problem, income annuities with a cost-of-living adjustment are getting attention. "Immediate fixed annuity options have deceased in popularity over the past decade due to the low interest rate environment,"...

AXA Debuts 800-Pound Gorilla' Ad Campaign: Ads Call Attention to Importance of Retirement Planning.
July 1, 2006... AXA Equitable has turned metaphor into marketing with a national advertising campaign that gives a name, face and voice to a problem facing millions of America's pre-retirees: putting off planning for retirement. The campaign, which began...

At Deadline.(retirement income)
July 1, 2006... Both Risk and Rewards Seen in Retirement Income While financial planners see a tremendous market in the years ahead for retirement income, they believe that the complexities of planning an income strategy for each client combined with...

People Moves.(Allianz Life Insurance Company of North America promotes Douglas P. Reynolds)(John Hancock Variable Life Insurance Co. appoints Hugh McHaffie)(Securian Financial Network appoints Hal R. Harris )
July 1, 2006... Allianz Life Insurance Promotes Reynolds From CIO/COO to President Allianz Life Insurance has promoted Douglas P. Reynolds to president. He joined the company in 2002 as senior vice president and chief information officer, taking on the...

Insurers in Best Position To Meet Boomers' Financial Needs.(baby boom generation)
July 1, 2006... Within a century, people over age 65 will outnumber all other age groups in developed countries, including Australia and the countries of Western Europe. By 2050, persons over age 80 will constitute the largest age group in the developed...

Annuity Straight-Through-Processing is Already Here.(National Association for Variable Annuities)
July 1, 2006... The National Association for Variable Annuities' new standardization initiative for straight-through-processing (STP), as announced in the April edition of Annuity Market News, is exciting stuff indeed. The initiative has numerous goals of...