The firm will act as a fiduciary for insurance provider selection for qualified longevity annuity contracts
Somerset Securities recently filed a case against the insurer over its 2018 decision to halt trail commissions on certain variable annuity contracts
Low interest rates drove investors away from some products, but that may change, according to the organization's Secure Retirement Institute
Lester Burroughs allegedly misappropriated more than $500,000 from clients' accounts
The investment firm will pay $12.5 million to put a 2015 case behind it, court records show
The insurer added a new low-cost variable annuity product without living benefits
Pharmaceutical Product Development mismanaged its 401(k) plan, opting for costlier investments than necessary, plaintiffs say
The pandemic should prompt discussions about long-term care and advance directives
The insurance giant allegedly violated ERISA by failing to rein in record keeping costs
More than half of millennials have recently lost their income, and almost no one is planning to buy a house, a report by Hearts & Wallets found
