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Executive Moves

November 2008 - AXA Equitable Life Insurance Co. has named Claude A. Methot executive vice president of life and annuity product development. A member of the executive management committee, Methot will report to AXA CEO Christopher M. 'Kip' Condron.

AIG Failure Fuels Regulatory Turf War

November 2008 - The Federal Reserve's bailout of American International Group has revived the debate about whether the federal government should regulate insurance companies.

Portrait of a Financial Giant

November 2008 - The offspring of a 1998 merger between NationsBank and BankAmerica, Bank of America has grown steadily through acquisition since then.

Bank of America Gains Merrill Lynch's 401(k) Plans and More

November 2008 - With Bank of America's purchase of Merrill Lynch for about $50 billion in mid-September, the bank took a big step toward becoming a force in the retirement industry.

Orange You Glad To Be ING?

November 2008 - ING has had better luck in this year's tough variable annuity market than any of its rivals, with sales of $4.03 billion in Q1 and $7.95 billion in Q2.

Morgan Stanley Ready for Electronic VA Sales

November 2008 - A Merrill Lynch rival, Morgan Stanley, has also been aggressive in putting variable annuities on its advisers' workstations.

The RetireReady IRA Annuity

September 2008 - The RetireReady IRA Annuity combines an IRA, a GLWB, and many of the same investments that reps and their brokerage clients already use.

SponsorMatch Puts a Dab of DB in DC Plans

September 2008 - Barclays Global Investors (BGI) and MetLife ask plan participants to think about acquiring future income, rather than the pursuing a lump sum or 'number.'

Nationwide, Simplified

September 2008 - After slipping to 13th place in individual variable annuity sales at the end of 2007, the Columbus, Ohio firm has been both aggressive and imaginative in introducing new products and new marketing campaigns.

Correction

August 2008 - An article in the July 2008 issue of Retirement Income Reporter incorrectly described The Income for Life Model planning software from Wealth2K.

Executive Moves

August 2008 - Mary Fay Succeeded by Michele Van Leer at Sun Life Financial U.S.

Online Communities Are No Longer Just Kids' Stuff

August 2008 - As the responsibility for financial planning increasingly falls on the individual, the Internet is helping people educate themselves about their savings.

Think Big, Start Small, Scale Fast'

August 2008 - Several big financial services companies have created in-house retirement task forces, but few have made a more aggressive or concerted effort in that direction than Lincoln Financial Group.

Nationwide Financial's Approach to Building a Higher Performance Culture

July 2008 - Zealous Intent - The concept of 'Zealous Intent' is demonstrated by Nationwide Financial's implementation of a consistent sales process in 2006.

For Wachovia, Annuities Are A Bright Spot: Amid Subprime Woes, Bank Topped Rivals in 2007 Annuity Fees

July 2008 - Wachovia Corporation at least had one income statement item to celebrate this spring: undisputed leadership in 2007 bank annuity sales.