News Center

The Insured Retirement Institute's mission is to provide financial advisors and other interested parties with information and resources to assist in a better understanding of annuities and the role of these products in financial retirement planning. One very important resource are the articles in the financial and consumer press.

Press Room Archives for 2001  

Recommended by 118 people

Lifetime Annuity Payout Proposal Introduced

11.26.2001

The National Association for Variable Annuities (NAVA) is pleased to announce the introduction of the Lifetime Annuity Payout (“LAP”) proposal in the House of Representatives on Friday, November 16, 2001 by Ways and Means Committee members Phil English (R-PA), Karen Thurman (D-FL), and Nancy Johnson (R-CT).

Recommended by 125 people

NAVA Reports Q3 2001 Variable Annuity Data

11.20.2001

The National Association for Variable Annuities (NAVA) announced today that the combined net assets of U.S. variable annuities declined 10.7 percent to $813 billion at the end of the third quarter relative to the end of the second quarter of 2001. Net assets decreased by 15.0 percent as compared to the end of 2000.

Recommended by 112 people

NAVA Statement on Events of September 11

09.13.2001

NAVA, the national trade association for the variable products industry, would like to offer its deepest condolences to all those affected by this unprecedented tragedy. Our heartfelt sympathies go out to the families of the victims, and our thanks go out to the men and women involved in the massive rescue operations that are underway. Equally profound is our faith that our nation will overcome this tragedy and normalcy will prevail.

Recommended by 116 people

NAVA Reports Q2 2001 Variable Annuity Data

08.27.2001

The National Association for Variable Annuities (NAVA) announced today that the combined net assets of U.S. variable annuities rose 3.0 percent to $910 billion at the end of the second quarter relative to the end of the first quarter of 2001. Net assets decreased by 6.5 percent as compared to the end of 2000.

Recommended by 108 people

RegEd Partners with NAVA to Provide Online CE University

07.27.2001

RegEd, a leading provider of continuing education and compliance tools, announced a recent agreement with the National Association for Variable Annuities (NAVA) to jointly create an Internet-based self-study insurance continuing education program. The courses will be offered through the NAVA University, which will be hosted on the RegEd site. Unlike many "virtual universities," the NAVA University will feature online CE through RegEd's proven testing system, as well as printed versions for those states that require written examinations.

Recommended by 119 people

NAVA Announces Collection of Industry-Wide Net Flow Statistics

02.28.2001

The National Association for Variable Annuities and Info-One’s VARDS Data Collection Service are pleased to announce their agreement to have Info-One/VARDS collect standardized net flow data covering variable annuity contracts. “It is imperative our industry be consistent with the mutual fund industry in capturing and releasing sales data on a net flow basis”, said Mark Mackey, CEO of NAVA.