Annuity Market News articles from October 2005

Annuity Market News archives from October 2005

At Deadline.
October 1, 2005... Fidelity Enters Fee Battle With high costs a top popular criticism of variable annuities, Fidelity Investments has taken steps to make its products more consumer-friendly. The company has launched two new contracts with lower fees,...

Competitor Jumps into Electronic Processing: Compliance Drives Market Potential.
October 1, 2005... After a two-year lull, Finetre is not alone. The Herndon, Va.-based technology firm has been the sole third-party source of electronic annuity order entry since it purchased and decommissioned competitor Info-One's Pivot system in 2003. ...

Industry Overview: Refueling Sales.
October 1, 2005... Starting with this issue, Annuity Market News will feature a quarterly review of the annuity industry from R. H. "Rick" Carey, founder of the Variable Annuity Research and Data Service (VARDS). He has over 15 years under his belt observing and...

Simplified VA Targets New Money.(variable annuity )(a new annuity product from ING Annuities)
October 1, 2005... In an effort to reverse the alarming trend of recycling variable annuity assets through product replacement, ING Annuities has released ING Simplicity. The West Chester, Pa.-based company is on the hunt for new money with a variable annuity...

To Subscribers and NAVA Members:.(National Association for Variable Annuities)
October 1, 2005... I am very pleased to announce a new strategic partnership that will benefit all of our readers. Annuity Market News (AMN) has signed an agreement to become the official publication of the National Association for Variable Annuities (NAVA),...

Rethinking Annuitization: A Conversation with Wes Thompson.
October 1, 2005... Lincoln Financial Group has not made major headlines for scandals, but it has engendered buzz for other things, including a series of permutations within the company that has dramatically changed its distribution system and the company's...

The Art (and Science) of Value-Added Wholesaling.
October 1, 2005... With each passing quarter, insurance companies continue to seek new paths on the road towards differentiation in the annuity marketplace. Financial advisers are now awash in a sea of annuity contracts from a multitude of manufacturers. The...

People Moves.(Lincoln Financial Group has promoted Colleen Dixon and Bradley Skarie)(New York Life Insurance Co. has promoted Scott Berlin)(Legg Mason appointed David S. Penn)
October 1, 2005... New AVPs at Lincoln Lincoln Financial Group has promoted Colleen Dixon and Bradley Skarie to assistant vice president within the annuity division. Dixon is now assistant vice president in the new business department of Lincoln Life &...

People Moves NAVA Hall of Fame Inductions.(National Association for Variable Annuities)(Richard P. Austin, Larry D. Gilbertson and Roger C. Kostmayer moves into Hall of Fame.)
October 1, 2005... This year, the National Association for Variable Annuities will be inducting three new members into its Hall of Fame. Richard P. Austin, Larry D. Gilbertson and Roger C. Kostmayer, will all be honored during the organization's annual meeting in...

An Invitation to Our Readers.
October 1, 2005... Every month, we strive to bring you comprehensive and insightful news and analysis of the annuity and variable life industries in the pages of Annuity Market News. Despite every effort to cover all the angles and get the story right, we may...

Soft-Selling to Women on the Web.(marketing through web site)
October 1, 2005... Women in all stages of life want to learn more about retirement, and financial services companies want them to buy their products. Prudential Financial is looking to achieve both goals with a new educational Web site. The unusual part is that...

Key Features of Simplicity.(ING Annuitie's investor relations)(Brief Article)
October 1, 2005... What does Simplicity look like? Among other things, the new variable annuity from ING Annuities in West Chester, Pa. features tiered pricing that lowers costs for investors who stick with the product. During years one to 10, the mortality...

Future VA Use Could Impact Financial Markets.
October 1, 2005... An improving net flow may also provide an unintended benefit. Financial analysts have postulated that demographic changes can affect the price stability of financial assets. For example, as the Baby Boom generation moves from the accumulation...