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
Economist says euro a goner, while U.S. facing a fiscal cliff; grass always 'browner'
Tech titan sitting on a mountain of cash, but so far, shareholders haven't seen any of it; stock price down, too
In the search for income, investors are piling into dividend-paying REITs, driving up prices and poleaxing yields. How crowded is it in there? Said one Morningstar analyst: Property trust valuations are 'just nuts.'
Kiesel not calling the bottom, but sees a number of positive signs; 'ultimate inflation hedge if you buy cheap'
Purchases minority stake in Canadian asset manager Hexavest