The agency should go back to the drawing board to come up with a plan that has safeguards in it to minimize the very real dangers facing the investing public.
Pru to pay $615 million in cash for 700,000 life insurance contracts
Prudential Financial Inc.'s decision to cut off contributions into a slate of older variable annuities with attractive benefits has raised the ire of financial advisers, this time because they were given so little time to add money to the contracts.
Say summer rally for S&P 500 about out of steam; headed for 1,100?
Bows out of group LTC insurance; halted sales of individual coverage in March
Active and ETF sales forces combined to deliver advisers more-complete advice; new core lineup of ETFs at the heart of the change
CEO Larry Fink says the fcompany plans to reduce fees on a number of ETFs to better compete with rivals.
