Those investing in a single John Hancock lifestyle fund have higher ending balances, according to Hancock.
Guy Carpenter and Co. is accused of conspiring with reinsurers to fix prices and eliminate competition.
More than two years after the launch of the first variable annuity based on exchange traded funds, VA providers and financial advisers are still ap-proaching the product with caution.
JPMorgan Chase analyst Kenneth B. Worthington downgraded Merrill's stock to "neutral" from ''overweight.''
Financial advisers are resisting using annuities designed for 401(k) plans which are created by insurance firms.
ING Investment Management Americas will purchase wind energy credits for its domestic operations equal to all of its electricity needs in the hopes of becoming carbon neutral by the end of the year.
More than two years after the launch of the first variable annuity based on exchange traded funds, VA providers and financial advisers are still ap-proaching the product with caution.
Under regulations governing the securities industry, it's not enough for firms merely to archive e-mails; they must be able to furnish them to regulators “promptly.”
The Financial Industry Regulatory Authority is developing for mortgage brokers a national database similar to the Central Registration Depository.
The debate over issues related to the broker-dealer exemption rule continues.
