Analysts concerned about Security Benefit Life Insurance Co.'s investments in subprime-mortgage-backed securities have cut the firm's financial ratings and are keeping a careful eye on the Topeka, Kan., carrier.
The model aims to create an industry standard to streamline the process of selling VA contracts and simplify compliance.
"The cushion provided by well-covered dividend yields has taken on increased importance," a JPMorgan analyst wrote.
Hypothetical returns utilized by a host of new exchange traded funds are reigniting a debate about the use of back-tested performance data.
The immediate reality of higher energy and food prices is putting some Americans even further behind the eight ball when it comes to retirement savings, according to a new survey on consumer spending habits.
Concerns about supply disruptions and tension in the Middle East sent crude oil prices to a new record in early morning trading.
Ted Mathas' promotion makes him the New York-based company’s 18th CEO in its 163-year history.
Bank holding company income from mutual funds and annuities rose more than 27% to $5.92 billion in the first quarter.
More than two years after its creation, the Roth 401(k) is finally gaining traction in company plans, such as those managed by The Hartford (Conn.) Financial Services Group Inc., The Vanguard Group Inc. and Merrill Lynch Retirement Group.
Merrill Lynch is leading the charge as top U.S. wealth managers increasingly seek to grow their businesses by expanding overseas.
