Sun Life Financial Inc. today released two income benefits.
Putnam Investments has significantly lowered the expense ratios on its slate of Absolute Return funds and its RetirementReady Lifecycle funds.
Some advisers aren't surprised to see the municipal bond market getting clobbered
Despite the stock market's recent strong performance, valuations remain generally attractive — but uncertainty abounds, according to Tom Ognar — manager of the $2.4 billion Wells Fargo Advantage Growth Fund Ticker:(SGROX).
Anything less than $500 billion in QE2 is likely to shake up investors, says fixed-income portfolio manager
The Labor Department this month is expected to introduce its final rule on how retirement plan sponsors will be required to disclose plan fees to participants.
Aviva USA last week rolled out a series of changes to its fixed-annuity lineup, including reductions on agents' commissions and the discontinuation of one of its income riders.
Hedge fund managers are exploiting the post-crisis period to find buyers and sellers, as well as talented investment and client service teams
The financial services industry is walking the compensation tightrope between paying big for the best talent and navigating around criticism of exorbitant pay scales
Ameriprise Financial Inc. has cut off outside broker-dealers from selling its RiverSource variable annuity, limiting sales to Ameriprise registered representatives.
Prudential Financial Inc. is teaming up with Edward D. Jones & Co. LP to create a new A-share variable annuity. The insurer expects to submit a filing for the product in the next 30 to 60 days.
Pruning investment options limits their ability to put clients in the best funds, reps say
A First Republic Bank unit was ordered to pay a retired Stanford University professor and his wife $2.18 million after arbitrators found the firm gave them only a “fleeting and slapdash” explanation of a municipal bond fund that imploded during the credit crisis in 2008.
A combination of equity market volatility and slumping interest rates pushed sales of fixed indexed annuities in the third quarter to a new high, according to data from LIMRA and AnnuitySpecs.com.
Some advisers aren't surprised to see the municipal bond market getting clobbered.
Generous withdrawal benefits for variable annuities — albeit with limits — continued their comeback in the third quarter, according to a report from Ernst & Young.
Money flowing into municipal bond mutual funds more than doubled to $420 million in the week ended Oct. 20, according to Lipper FMI, a mutual fund research firm.
As soon as the dust started to clear after the 2008 financial crisis, a lot of investors learned the hard way that their portfolios weren't nearly as diversified as they should have been.
First time in three years; MassMutual's RetireEase top seller in third quarter
Municipal-bond issuers, whose default rate slowed this year, may face more failures in 2011 as federal economic-stimulus aid declines and budget pressures jeopardize debt payments, said Richard Lehmann, publisher of Distressed Debt Securities Newsletter.
