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ANNUITIES: Top Stories 1/6/10 |
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Variable Annuities
IRI: VA Summary Prospectus "Long Overdue and Much Anticipated" (IRI Online)
Pacific Life Introduces an A-share Variable Annuity To Be Distributed by Edward Jones (PacificLife.com)
Redesigned Annuities Abound (The Wall Street Journal Online)
Carriers Strip Annuities of Bells, Whistles & Supersized Guarantees (MMExecutive)
ING to sell stripped-down VA with stripped-down commission (Investment News.com)
SunLife Has High Hopes for Variable Annuities (Bank Investment Consultant) - After a strong 2009, the company hopes to leap into the top five by the end of 2011.
Fixed Annuities
Banks' Fixed Annuity Sales Drop $1.2 Billon (FinReg21.com) - Bank sales of fixed annuities reached $8.7 billion in the second quarter, according to Beacon Research in Chicago, a drop in sales from $10.9 billion in the first quarter.
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