Life & Health News for 8/22/2005

Analyst Predicts Continuing Weakness In VA Sales
Second-quarter variable annuity results were weak.... click here for entire article.

Regulators Tighten Roth IRA Annuity Valuation Rules
The Internal Revenue Service wants taxpayers to be reasonable when they are moving variable annuities into Roth individual retirement accounts.... click here for entire article.



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AIG Unit Opens 401(k) Program To Local TPAs
AIG SunAmerica Retirement Markets Inc. has introduced a defined contribution retirement program that could help send consulting and compliance business to smaller firms.... click here for entire article.

Voluntary LTC Gains Momentum
Giant employers are supplementing traditional, employer-paid benefits with voluntary offerings.... click here for entire article.

Group Voluntary Sales Rise Faster Than Individual Sales
Voluntary group benefits grew at a slightly faster pace in 2004 than voluntary individual benefits did.... click here for entire article.

Wholesaler Joins Phoenix
The Phoenix Companies Inc. has hired Douglas Glidden to be senior vice president of the North Carolina, Tennessee and Virginia territory for its Phoenix Investment Partners unit.... click here for entire article.

Treasure Coast Firm Hires Life Agent
Felten & Associates has hired Jerry Odom to be a financial representative.... click here for entire article.