Darla Mercado

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NEWS REGULATION AND LEGISLATION JUN 08, 2009
Finra chief: Proposed oversight commission could cause cracks in system

The Obama administration’s consideration of a safety commission for financial products needs to be approached with great care, Richard Ketchum, chief executive of the Financial Industry Regulatory Authority Inc., said today at NAVA’s annual legislative and regulatory conference.

RETIREMENT LIFE INSURANCE AND ANNUITIES JUN 07, 2009
Advisers weigh the viability of providers

Mindful of past disasters with long term care insurers, financial advisers have found ways to balance financial viability with quality benefits.

RETIREMENT RETIREMENT PLANNING JUN 07, 2009
Funding LTC insurance absent from cliets' to-do list

Advisers are struggling to get clients — especially baby boomers — to think about funding long term care in the face of depleted investment portfolios.

RETIREMENT LIFE INSURANCE AND ANNUITIES JUN 05, 2009
Bill introduced to maintain state control over indexed annuities

A New York Congressman has introduced a bill that will try to preserve state authority over indexed annuities, pushing back against a recent rule from the Securities and Exchange Commission.

RETIREMENT LIFE INSURANCE AND ANNUITIES JUN 04, 2009
Long term care insurers probed at committee hearing

Sen. Herb Kohl, D-Wis., chairman of the Senate Special Committee on Aging, questioned regulators and representatives of the long term care insurance industry at a committee hearing yesterday and focused on the financial viability of LTC insurers.

RETIREMENT LIFE INSURANCE AND ANNUITIES JUN 04, 2009
Hartford chief steps down amid turmoil

Ramani Ayer, chairman and chief executive of the Hartford (Conn.) Financial Services Group Inc., said today that he will step down by the end of the year.

RETIREMENT LIFE INSURANCE AND ANNUITIES JUN 02, 2009
Moody's to eye insurance companies' recapitalization efforts

As some insurers recently made stock and debt offerings in lieu of participating in the government’s Troubled Asset Relief Program, Moody’s Investors Service said that it will review the way these recapitalization options affect carriers’ ratings.

RETIREMENT LIFE INSURANCE AND ANNUITIES JUN 01, 2009
Hancock Financial launches simplified variable annuity

John Hancock Financial Services today released a variable annuity called the John Hancock AnnuityNote.

RETIREMENT LIFE INSURANCE AND ANNUITIES MAY 31, 2009
Advisers tap into HSAs to fund long term care

As retirement looms for baby boomers, financial advisers are finding additional uses for their clients' health savings accounts, including covering the cost of long term care insurance.

RETIREMENT LIFE INSURANCE AND ANNUITIES MAY 28, 2009
Fixed annuities again surpass VAs in sales

Fixed annuities continued to outsell their variable counterparts in the first quarter, according to data from LIMRA International Inc. of Windsor, Conn.