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Annuity Market News articles from June 2005
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Annuity Market News archives from June 2005
At Deadline.(Hartford Fire Insurance Co relaunches Flagship variable anuuity.)(Sun Life Financial forecasts 2004 "the year of distribution for Sun Life".)
June 1, 2005... Sun Life Chief: U.S. Annuity Business Lackluster
C. James Prieur, president and chief operating officer of Sun Life Financial, declared 2004 "the year of distribution for Sun Life" during a presentation for a recent UBS Global Financial...
Picking Sides: Annuities or Retirement?(Retirement Income/Variable Life Insurance Conference)
June 1, 2005... Hilton Head, S.C. - The annuity industry is at a crossroad where leaders need to envision what role their companies will take as the financial services and protection industries morph to serve the population of aging Baby Boomers.
You may...
Missouri Regulators Battle Over VAs.(variable annuities)
June 1, 2005... The Missouri Department of Insurance and Missouri Secretary of State's Division of Securities are butting heads over the regulation of variable annuities.
The jurisdictional battle, which could be a harbinger of things to come, centers on...
Pozen Details Social Security Reform Plan.(Robert C. Pozen)
June 1, 2005... MFS Investment Management Chairman Robert C. Pozen, architect of a strategy that President Bush would like to use as the basis for Social Security reform, is urging lawmakers to move beyond the headline-grabbing issue of private accounts and...
People Moves.(appointments)
June 1, 2005... Lincoln Hires Wirehouse Sales Managers
Lincoln Financial Distributors has hired two divisional sales managers for its wirehouse/regional channel. The company has also appointed wholesalers.
James J. Bonanno is now Western divisional...
Sub-Accounts = Black Hole of Compliance.
June 1, 2005... The NASD is a self regulatory organization with a very thick manual of rules and regulations. Even so, some gaps in supervision exist, especially when dealing with complicated products like variable annuities and variable life insurance. Often,...