Prudential Financial Will pay $17 million to settle with seven states; regulators claim insurer used more comprehensive database for cutting off annuity payments than one used to locate those owed money.
Illinois lawsuit alleges MetLife and Prudential owe some $524M in unclaimed death benefits
Life insurers have paid $52.6 million in death benefits since New York's banking and insurance regulator forced the companies to use government data to identify cases where they didn't pay claims.
On the back of a strong recruiting year, B-D aims to recruit star brokers; payout per rep still trails rivals
Solid returns on investments means taxpayers will be stuck for $70B -- not $700B; 'most useful federal program that has ever been despised by public'
Thomas Soviero has unseated Ken Heebner as manager of the best-performing diversified U.S. stock fund over the past 10 years
Group storms Capitol Hill to protect retirement savings vehicles
But broker-dealer group still not convinced applying fiduciary standard to IRA advice necessary
