Annuity Market News articles from July 2007

Annuity Market News archives from July 2007

Pulling STP Out of a Hat: NAVA Conference Clarifies E-Commerce Acronyms.
July 1, 2007... BALTIMOREDuring NAVA's Operations and Technology Conference last month, a booth magician made playing cards appear and disappear, guessed the words hidden inside people's heads, and did other feats of prestidigitation and ESP. But could he...

The Sun (Life) Also Rises: After Cloudy Years, Carrier's Outlook Brightens.
July 1, 2007... When the results of the 2006 Study of Bank Brokerage & Retail Investment Services were publicized last May, nobody was more pleased than the variable annuity wholesalers at Sun Life Financial, the U.S. unit of the prominent Canadian carrier....

A Match.Com' for SPIA Lovers: Hueler Reinvents Fixed Income Annuity Market.
July 1, 2007... In fictional Lake Wobegon, Minn., the women are strong, the men are handsome and all the children are above average. And if Kelli Hueler could swing it, all the fixed, single premium immediate annuities (SPIAs) would be institutionally priced....

Future Products to Include Inflation Guarantees.
July 1, 2007... Look soon for a life annuity that is inflation-protected both during the accumulation phase and payout phase. Zvi Bodie, a finance professor at Boston University, said he is working with a few insurance companies to develop this new type of...

Insurers Target 401(k) Market for Immediate Annuities.
July 1, 2007... Insurers are taking aim at the defined contribution market with products that pay workers a fixed monthly income. Workers have been accumulating large amounts of money in 401(k), 403(b) and other defined contribution plans. But now that...