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SEC Reviewing 4,000 Comments on Indexed Annuity Rule, Official Says

The regulation of indexed annuities and 'synthetic' annuities were among the topics addressed by SEC Director of Investment Management Andrew J. Donohue in a keynote speech at the American Law Institute-American Bar Association Conference on Life Insurance Products in Washington, D.C., November 13 and 14. SEC Reviewing 4,000 Comments on Indexed Annuity Rule, Official Says Source: Financial Planning
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SEC Reviewing 4,000 Comments on Indexed Annuity Rule, Official Says

The regulation of indexed annuities and 'synthetic' annuities were among the topics addressed by SEC Director of Investment Management Andrew J. Donohue in a keynote speech at the American Law Institute-American Bar Association Conference on Life Insurance Products in Washington, D.C., November 13 and 14. SEC Reviewing 4,000 Comments on Indexed Annuity Rule, Official Says Source: Financial-Planning.com
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Transamerica Adds Investment Options to Variable Annuities

Transamerica Life Insurance Company (Transamerica) today introduced several investment options available with its variable annuity suite. The funds are also available as designated investment options for Transamerica’s recently upgraded Retirement Income Choice living benefit rider, and the Double Enhanced Death Benefit. The four funds are: AllianceBernstein Balanced Wealth Strategy Portfolio, Franklin Templeton VIP Founding Funds Allocation Fund, Transamerica Efficient Markets VP, and Huntington VA Balanced Fund. Transamerica Adds Investment Options to Variable Annuities Source: Business Wire
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AXA Equitable Redesigns Flagship Accumulator Variable Annuity

AXA Equitable Life Insurance Company premiered a redesign of its Accumulator(R) variable annuity series. The product series, first introduced in 1995, now includes a groundbreaking living benefit that can seamlessly transition from a Guaranteed Minimum Income Benefit (GMIB) to a Guaranteed Withdrawal Benefit for Life (GWBL). For the first time in the industry, variable annuity contract holders have the ability, at age 85, to convert a GMIB to a GWBL. The patent-pending enhancement offers clients a method for staying invested in equity-based investment options, while at the same time accessing a predictable stream of retirement income. AXA Equitable Redesigns Flagship
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