Industry News

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NEWS TAX APR 24, 2012
Gingrich's charitable giving not so charitable, data show

By Bloomberg
NEWS TAX APR 24, 2012
Charitable incentives at risk

As lawmakers consider how to attack tax reform and debt reduction, the way that charitable gifts and deductions are treated is in the cross hairs.

By Bloomberg
NEWS RETIREMENT PLANNING APR 23, 2012
In rejiggering, MetLife to curb VA sales, roll out health insurance

Carrier aims to pull away from 'capital-intensive' products — including annuities

By Darla Mercado
NEWS INDUSTRY NEWS APR 23, 2012
Looking to outpace the bond bear

For the past 30 years, garnering sufficient investment income could be as simple as investing in an assortment of Treasury bonds.

By Federated Investors
E.F. Hutton, the sequel: Will it play?
NEWS INDUSTRY NEWS APR 23, 2012
E.F. Hutton, the sequel: Will it play?

Frank Campanale says the revival of the famed brokerage should be a hit

By John Goff
NEWS RETIREMENT PLANNING APR 23, 2012
Hutcheson case highlights risks for advisers

By Darla Mercado
SALB story: Loring Ward to offer stand-alone living benefits
NEWS RETIREMENT PLANNING APR 23, 2012
SALB story: Loring Ward to offer stand-alone living benefits

Turnkey asset manager in talks with Transamerica Life Insurance Co. and The Phoenix Cos. to develop income-producing product

By Darla Mercado
TD's new sales head wearing two hats while his replacement is sought
NEWS INDUSTRY NEWS APR 23, 2012
TD's new sales head wearing two hats while his replacement is sought

Peter Dorsey will continue to mind TD Ameritrade's Western region during transition

By DJAMIESON
NEWS RIAS APR 23, 2012
TD tabs Dorsey as head of institutional sales

Takes over top sales spot left vacant after promotion of Nally

By DJAMIESON
Deflated investors now seeking inflation hedges in 529 plans
NEWS INDUSTRY NEWS APR 23, 2012
Deflated investors now seeking inflation hedges in 529 plans

Deflated investors now seeking inflation hedges in 529 plans

By Liz Skinner
NEWS LIFE INSURANCE AND ANNUITIES APR 23, 2012
Lincoln National ordered to make good on insurance in heated Stoli case

Judge finds for claimant in $5 million stoli benefits payment from Lincoln National Life

By Darla Mercado
NEWS RIAS APR 23, 2012
SEC's 'no-action' letter could signal next step for alts custody

Commission's decision seen as tacit endorsement of the Alternative Investment Product service

By Dan Jamieson
NEWS INDUSTRY NEWS APR 23, 2012
The growth outlook in a low-growth world

By Scott Berg
Pru will pay $17M to settle with seven states over death benefits
NEWS LIFE INSURANCE AND ANNUITIES APR 23, 2012
Pru will pay $17M to settle with seven states over death benefits

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.

By Bloomberg
Analysts wave off $1.57B death benefit suit against Met, Pru
NEWS LIFE INSURANCE AND ANNUITIES APR 23, 2012
Analysts wave off $1.57B death benefit suit against Met, Pru

Illinois lawsuit alleges MetLife and Prudential owe some $524M in unclaimed death benefits

By Bloomberg
NEWS INDUSTRY NEWS APR 23, 2012
Bullion seen taking off in 2012

By Bloomberg
NEWS LIFE INSURANCE AND ANNUITIES APR 23, 2012
Dead man's life policy finally pays off

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.

By Bloomberg
NEWS LIFE INSURANCE AND ANNUITIES APR 23, 2012
Policyholder who died in 1970 finally gets death benefits — and so do 8,000 others

New York state orders insurers to track down unpaid claims; $52M forked over in total

By John Goff
Little trouble in big China says bargain-buying Pimco
NEWS INDUSTRY NEWS APR 23, 2012
Little trouble in big China says bargain-buying Pimco

Expected soft landing has fund giant buying undervalued stocks in the PRC and other BRICs; policy shift seen

By John Goff
NEWS LIFE INSURANCE AND ANNUITIES APR 23, 2012
Lincoln may get more defensive with MoneyGuard hybrid

Lincoln National Corp. may raise fees and change its benefits on its popular MoneyGuard Reserve product, a combination of universal life insurance and long-term-care benefits.

By Darla Mercado