Carrier failed to reveal the negative impact of a growth cap on rider; agents also confused.
Stop us if you've heard this one before: Another big seller of variable annuities has tamped down on the business.
New research shows that a single financial institution could rig the benchmark borrowing rate -- without colluding with rival banks. How? Read on, Macduff.
Chemistry, services more important than fees: Franklin Templeton
Even if Chairman Ben Bernanke is replaced after his term expires, the risk of the Fed stepping on the brakes in 2013 appears small.
Morningstar research shows that advisers prefer systematic withdrawals in retirement; lack confidence in their annuity know-how.
'Buy now, get income later' is becoming a sellable argument to clients
Major player in advice industry pulls a 180-degree turn in reorg; 'almost non-existent'
According to a lawsuit filed by The Hartford, three former senior execs of Woodbury Financial lifted confidential information just before they jumped ship.
Alternative investments, commercial mortgages, junk bonds all on the menu
While other insurers sell off their indie broker-dealer units, AIG is buying. Indeed, Tuesday's acquisition of Woodbury Financial looks to be the first in what could be a string of deals.
Announcement of a deal for the 1,600 reps and advisers is expected before indie B-D's national sales conference next month
Entrepreneurs need to be rewarded for taking risks, not shackled
Despite continued market volatility, it appears as though the independent investment advisory world has finally turned the corner and moved beyond the worst of the recession that followed the “mortgage meltdown.”
The head of MetLife's broker-dealer operations has parted ways with the insurer. So far, the carrier's management has offered no explanation for the departure.
