Trade associations representing the life insurance industry and agents today applauded New York's passage of life settlement legislation.
A Massachusetts federal court judge has quashed a motion by Prudential Insurance Co. of America to dismiss a lawsuit alleging that the insurer had wrongfully held on to veterans' death benefits instead of paying them out in a lump sum
The search for new sources of retirement income and exposure to investments that don't correlate with traditional asset classes has brought about new product innovations — many of them sparked by individual investors' wanting to invest like institutions
Midsize variable annuity writers such as John Hancock Life Insurance Co., Lincoln National Corp. and Transamerica Life Insurance Co. are expected to give the biggest sellers a run in the race for market share this year
About half of the assets in our variable annuity portfolios are in passive funds, which are easier to hedge
Negative publicity about so-called retained-asset accounts may fuel litigation, withdrawals by beneficiaries
Money poured into target date funds during the first quarter, led by The Vanguard Group Inc. and T. Rowe Price Group Inc.
Offers exclusive program for high-producing FMOs — if they agree to tougher compliance standards
Advisers may have a sense on how to prepare for a retirement that's right on time, but an unexpected retirement due to illness or layoff can shake even the most stable plans.
