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More Annuity Regulation Possible

Insurance regulators in the state of New York are holding four hearings to determine if they need to add more regulations for life insurance and annuity contract sales, as written by Jonathan D. Epstein of the Buffalo News.  The article, “Insurance Department mulls more oversight”, …

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Variable Annuities Looking Good

Although consumers have been wary of many variable annuities lately, Sun Life Financial Inc. has made changes that have increased their sales.  This information comes from “Sun Life Beams About Variable Annuities but Barriers Remain” by Matt Ackermann of American Banker.  Valuable leadership changes within …

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Fixed Index Annuities Get More Attention in Washington

S.1389 is a bill that Senator Bill Nelson (D-NE) and his cosponsors Senators Saxby Chambliss (R-GA), Tom Harkin (D-IA), and Sam Brownback (R-KS) have introduced as a companion to the Meeks-Price Bill previously mentioned on this blog.  This bill is backed by the Coalition for …

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Annuities are a Great Way to Expand Savings

Americans are saving more than ever and annuity products give the flexibility and guaranteed retirement income they seek for those savings.  For the first time since the beginning of 1995, Americans’ personal rate of savings have skyrocketed to 5.7%.  This report comes from Jeannine Aversa …

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