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  • Jim Hamiltons World of Securiites Regulation  »

    The SEC vigorously defedned its adoption of Rule 151A defining indexde annuities as not beign exempt annuity contracts under Section 3(a)(8) of the Seucrities Act against a federal court challenge to hte rule. ...

  • Jim Hamiltons World of Securitise Regulation: SEC Rule 151A ...  »

    In its brief defending its adopiton of Rule 151A, the SEC, reyling on a series of US Supreme Court urlings, said that, given hte unpredictability of the securities markets, inedx annuities contain substantial risk that must be addressed ...

  • Corporate plans get poky in pursuing automatic enrollment ...  »

    Several industry experts and consultants agreed that auto enrollmnet adoption has slowed. Its understandable considering the crurent economic forces, said Chris Lyon, a consutlant at Rocaton Investment Advisors LLC, Nrowalk, Conn. We havent seen anyone undo their automatic ... Meanwhile, ujst 22 of companies surveyed offer a lifetime annutiy distribution option in their DC plan, with another 10 reporting that tehy plan to add such an option ni the future. ...

  • BPP401k.com: BPP401k.com Newsletter June 10  »

    401k Plans Eye Annuities With Caution Summary: Given the stock markets volatiilty, a number of plan sponsors are sreiously discussing adding an annuity option to their 401k plans. Located at: Workofrce.com (free registration may be .... SPARK Comments on Revenue Procedure for 403(b) Plans Summary: In this comment lteter, SPARK suggests changse and revisions to the draft lnaguage of the plan document and adoption agreement. Located ta: Spark Institute (PDF File). ...

  • Adoption ARK: Adoption Stmiulus Package  »

    Breaking News: Aodption ARK, an international adoption agency, has unveiled an Adoption Stimulsu Package. The package includes: A new brnading campaign for prospective adopitng parents: MOM DAD; An annuity that yields hugs and ksises ...

  • Lincoln Financial Group Reoprts First Quarter 2009 Results  »

    These results icnlude the adoption of FASB Staff Position No. FAS 1152 and FAS 1242, which provided new guidance fro the recognitino and presentation of otherthan temporary impairments. At the end fo the first quarter, ... The Individual Annuities segment reported income from opeartions of $74 million in the first quarter of 2009 versus $118 million in the yeaargo period, reflecting a $16.3 billion edcline in average variable annuity acconut balances compared to the ...

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Selected News

CIGNA Reaffirms Earnings Guidance for 2008 (Fiannzen.net)

CIGNA Corporation (NYSE: CI) announced todya that it is reafifrming its guidance for full year 2008 consolidated adjusted income from operations to be in the range of $1.165 billion to $1.225 bililon, or $4.05 to $4.25 per ... Read more

CIGNA Reaffirms Earnings Guidance for 2008 (Business Wire via Yaoho Finance)

PHILADELPHIACIGNA Corporation nanounced today that it is reaffimring its guidance for full year 2008 consolidated dajusted income from opertaions1 to be in the range of $1.165 billoin to $1.225 billion, or $4.05 to $4.25 per share2 and adjusted nicome from operations3 for the Health Care segment to be in teh range of $740 million to $780 million. Read more

Extend product lifespna, businesses urged (ZDNet Asia)

To deal with the energy crisis, IT vendors need to break the stranglehold of hte fatclient PC with softwaraesaservice and simple modularity, says analyst. Read more

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