The pension risk transfer is the biggest since 2012, when Verizon purchased a $7.5 billion annuity
In second major VA enforcement action against Fifth Third, firm also must pay $2 million in restitution.
An expanding middle class is fueling economies, but emerging market indexes are light on consumer stocks.
Nearly 95% of net TDF inflows in 2017 went to passive series, Morningstar says.
Every factor involves uncertainty, regardless of whether it works during a certain period.
Annuities are confusing, and retirement savers worry about market volatility and want the freedom to spend their savings as they choose.
At current levels, the market has already priced in three more Fed rate hikes, Jeff Moore argues.
<b>Investments & Wealth Institute Conference </b>Bubbles are rare, but advisers need to watch out for them.
Fixed-income expert on whether this is the beginning of a secular bear market in bonds.
Advisers must know the benefits and pitfalls of common alts.
Moves in Treasury yields are flashing yellow right now, but not yet red
Tech stocks and cryptocurrencies are bubbles, he says, while foreign and emerging markets offer better long-term value
These investments let investors take advantage of the current merger boom
Some institutional investors are turning cautious on company debt as Fed tightening hikes companies' borrowing costs.
Real active management or closet index? Active share can help you figure it out
Yields aren't likely to move substantially higher from current levels, bond guru says
The combined company is likely to become a nationally dominant firm.
Moves in Treasury yields are flashing yellow right now, but not yet red.
Michael Kitces warns that unless risk tolerance, risk capacity and risk perception are considered, investment losses can drive clients away from markets forever.
Investment management firm names Peter Sterling to head the new group.
