In March, Aviva sued six life insurance agents over Stoli policies sold to 119 members of a church in Los Angeles. Now, those agents have fired back, claiming the carrier consented to the offer of the coverage.
Sales flourishing; meanwhile funds with upfront charges seeing mass exodus
A new study shows that most post-IPO/merger nontraded REITs over the past two decades have badly lagged industry benchmarks. The reason? Hefty fees.
Jackson National Life Insurance Co. will pay $621 million in cash for the life insurance assets of Swiss Re Group's American division
Jefferson National Life Insurance Co. has bolstered its roster of alternative-investment offerings
Returns on Colorado bonds up 5.1% in 2012; economic turnaround the key
In-force VA block lapse rate jumped by nearly 50% after Hartford announced it would leave annuity biz; many contracts in the money
Company not prepared to put annuities manufacturer on its platform
Multistate settlement follows review on whether companies were holding funds that should go to beneficiaries.
Guggenheim's purchase of the Dodgers to close April 30, reportedly insurers will be tapped
Carrier's wholesalers met with advisers as recently as last week, said insurer was “committed” to annuity space
David Lerner has continued to improperly pitch nontraded REITs, according to an amended complaint filed last month by the self-regulator.
After a year in which securities regulators cracked down on nontraded real estate investment trusts, REIT sponsors and the broker-dealers who sell them are focusing on compliance and whether sales of the products to investors are suitable.
Professional portfolio managers will oversee fund developed by scion of undersea star
Orlando says equities still greatly undervalued: stocks 'the only game in town'
Study shows institutional investors have moved beyond thinking 'active or passive' when using ETFs; a learning moment?
Collateral damage from $2B hit could extend to self-regulation, hurt SRO bill
Remarkable growth in product offerings; 20% allocation coming, predicts research firm
