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Replacing the Replacement Process: Pilot Program Targets 1035 Exchange Bottleneck.
September 1, 2007... Snail mail, the land line and even the fax are fast becoming the buggy whips of the Internet Age, but there's at least one stubborn corner of the insurance business that still relies on them every day: the so-called 1035 transfer or replacement...
Annuities on YouTube: Who Knew?Ben Stein Lends His Celebrity to Variable Annuities.
September 1, 2007... If you've been surfing YouTube lately, you probably know that Ben Stein appears in three new video spots there. In one of them, he talks about the benefits of variable annuities while seated in the study of his home in Beverly Hills.
...
Friday Morning Lights: Where Prudential's Biggest Annuity Ideas are Born.
September 1, 2007... SHELTON, Conn.-It's 8:30 a.m. on a Friday at Prudential Annuities' offices in this suburb north of Bridgeport, and the regular crowd drifts into its usual conference room. Everyone's dressed casually, in khakis or jeans, and someone always...
Happy Together: Annuities & 401(k)s.
September 1, 2007... Implementing automatic enrollment and auto-escalation in 401(k) plans is a start in the effort to push employees to prepare for retirement, but it may not be enough.
Participants also need help planning how to mete out their savings after...
At Deadline.
September 1, 2007... Banks on Brink of Retirement Opportunity
A DSG/Symetra survey of 958 bank reps has found that three out of four have been working with retirees and individuals near retirement for more than five years and earn most of their compensation...
People Moves.
September 1, 2007... Allstate Financial Appoints Smith to Serve as President
Allstate Insurance has promoted J. Eric Smith from vice president of Allstate Financial Distribution to president of Allstate Financial Services, in charge of overseeing the sale of...
Bank Income from Funds, Annuities Jumps 40%.
September 1, 2007... Income from mutual funds and annuities sold through bank holding companies increased 40% to $5.6 billion from $4.0 billion from the last quarter of 2006 to the first quarter of 2007, according to a report from Michael White Associates (MWA), of...