Description: This article addresses the issues of short-term volatility, the non-equivalency of traders and, how product development is being impacted by market consistency.

Description: The article summarizes PLRs 201515001 and 201519001, in which the IRS addressed the treatment of a non-qualified deferred annuity contract under the investor control doctrine and other applicable rules. The contract provides a guaranteed lifetime withdrawal benefit and investment options that correspond to “public” mutual funds. The IRS concluded that the investor control doctrine will apply to treat the contract purchaser as the owner of the mutual fund shares for federal income tax purposes. The IRS also addressed certain other tax aspects of the arrangement. The effect of the rulings is that the contract will be taxed similarly to a contingent deferred annuity (where the policyholder holds the mutual fund shares in his or her own brokerage account), while being structured like a traditional deferred variable annuity (where the insurance company holds the shares in its separate account).

Description: Social Security provides financial protection by annuitizing retirement. This is not enough for many. My idea creates an additional annuity via Social Security.

Description: Panel discussion about how the Investment Year Method is used with life insurance and annuity products to determine the credited rate, and how market entry has affected investment policy. From the 1979 Record of Society of Actuaries, Vol. 5, No. 1.

Description: This discussion is on asset management for an insurance company, including issues of varying investment strategies for different product lines through various asset segmentation approaches, management of the assets supporting surplus, and asset/liability risk management considerations

Description: Presented at May 2005 Spring Meeting. Panelists discuss annuity risk management and how this can be applied to new product development, as well as in-force product management. Also discussed are the proposed C-3 Phase II capital determinations for various guarantees with and without a hedging program.

Description: Few product innovations have transfigured the variable annuity (VA) industry as much asguaranteed living benefits (GLBs).