TITLE

Sales regs sought for uninsured bank products

AUTHOR(S)
Brostoff, Steven
PUB. DATE
January 1994
SOURCE
National Underwriter / Life & Health Financial Services;1/24/94, Vol. 98 Issue 4, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Reports on the lack of public awareness on uninsured annuities and other financial instruments sold by banks in the United States. Reasons for lack of awareness; Actual risks involved in instruments.
ACCESSION #
9502232762

 

Related Articles

  • Court slams lid on annuity sales in Texas, Louisiana, Mississippi. Garsson, Robert M. // American Banker;8/31/1993, Vol. 158 Issue 167, p2 

    Reports on a federal appeals court ruling that banks cannot sell annuities in towns with populations greater than 5,000. Annuities as an increasingly profitable and popular product for banks; Court's conclusion that annuities are a form of insurance.

  • Insurers' Annuity Moves Could Crimp Bank Profits. GJERTSEN, LEE ANN // American Banker;11/1/2002, Vol. 167 Issue 210, p1 

    Reports on the impact of the U.S. insurers annuity move on bank earnings from annuity sales. Reevaluation of features and pricing of variable annuity products; Change in compensation plans for bankers, agents and financial planners.

  • Bank Annuity Sales Grew 4% In 3rd Quarter. Kehrer, Kenneth // National Underwriter / Life & Health Financial Services;11/15/99, Vol. 103 Issue 46, p24 

    Reports the growth of bank annuity sales in the United States for the third quarter of 1999. Details on bank fixed annuity sales; Statistical data on the annuity sales posted.

  • Annuities' Appeal Seen Lifting Banks' Sales Last Fall. Hunter, Matthew // American Banker;1/16/2002, Vol. 167 Issue 11, p8 

    Reports the contribution of annuity interests to the sales of banks in the United States. Focus on fixed and variable annuities by the banks; Comparison on the annuity sales of bank brokers and nonbank competitors; Percentage of fixed annuities accountable for bank broker.

  • Competition Is Good For Annuity Sales. Shapiro, David // National Underwriter / Life & Health Financial Services;8/2/99, Vol. 103 Issue 31, p16 

    Focuses on the competition of selling annuities in the United States. Events that resulted when banks entered in the annuity business; Paths consumers can choose to take; Importance of structuring the annuity for tax purposes.

  • Bank annuity sales pick up after slumping in first half. Friedman, Amy S. // National Underwriter / Life & Health Financial Services;10/9/95, Vol. 99 Issue 41, p1 

    Reports that bank annuity sales have picked up after slumping in the first half of 1995. Slump as a result of falling bank variable annuity sales; Short-term interest rates going up since spring; Bank annuity sales rebounding after the stock market regained its strength; Sales among insurance...

  • Questions as banks eye fixed annuity underwriting. Kapiloff, Howard // American Banker;12/17/1996, Vol. 161 Issue 240, p12 

    Reports that banks in the United States are pondering whether they should underwrite fixed annuities. Description of how a fixed annuity works; Ways to underwrite insurance products; Advantages and disadvantages to underwriting insurance products.

  • Annuity Firms Offering Banks Products with More Options. Reich-Hale, David // American Banker;3/19/2001, Vol. 166 Issue 53, p8 

    Focuses on the emergence of more customization options for people who buy annuities from banks in the United States. Results of banks' efforts to do business with fewer annuity providers; Problems with unbundling annuity products with banks.

  • Sales of Annuities at Banks Jumped 31% for the Quarter . O'D. MOORE, MICHAEL // American Banker;8/31/1999, Vol. 164 Issue 167, p7 

    Reports on the increase in sales of annuities at banks in the United States for the second quarter of 1999. Guarantees offered by annuities to consumers; Increase in variable annuity sales; Product enhancements offered by annuities.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics