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Darla Mercado

Darla Mercado writes about retirement issues and products, including taxes, annuities and 401(k) plans. She welcomes feedback and tips from readers on interesting topics. Outside of the newsroom, Darla spends her time inline skating, biking, running and swimming. She Tweets at: @Darla_Mercado

Displaying 965 results

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John Hancock latest to yank annuity offerings, pare distribution

Under pressure from a challenging economic environment, John Hancock Life Insurance Co. has pulled back on its annuity distribution and expects to withdraw an array of fixed, variable and immediate annuities

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Springtime has arrived and so have the new VAs

It is that time again

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SEC hits radio personality with fraud charges

The SEC last month slapped a financial adviser and radio personality known as “The MoneyMan” with fraud charges after his firm encouraged clients to invest in promissory notes linked to a company with which he was associated

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Former E-Trade CEO leads management buyout of Jefferson National

Caplan oversees $83 million acquisition of flat-fee VA seller; targets RIAs

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Lawyer bet on terminally ill to gain their death benefits: U.S. Attorney

Caramadre faces indictment over alleged scheme that purportedly sought out those with less than six months to live; lawyer says 'insurance industry upset it got beat at its own game'

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Skimpier living benefits could kill interest in VAs, advisers warn

Financial advisers are calling on insurers to enhance their suite of variable annuities, saying that clients are turned off by falling accrual rates on living benefits and insufficient investment choices

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Hartford sells private-placement life ops, refocuses

The Hartford Financial Services Group Inc. has sold its private-placement life insurance operations

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Lincoln National’s universal life reserves are ‘more than adequate’: CEO

Lincoln National Corp.'s CEO today stressed that the insurer has sufficient reserves for its universal life products

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Agents fleeced Aviva in church insurance scheme, suit claims

Aviva says a slew of charity-originated life insurance policies were touted as way to aid churches in poorer neighborhoods. But the carrier claims agents and third-party were the biggest beneficiaries

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California backs off on tough provisions in proposed law for independent contractors

A bill in California bill that would punish firms for misclassifying employees as independent contractors was amended to lighten the compliance burden for broker-dealers.