Exchange-traded-fund providers in the coming year will have to focus on making sure financial advisers understand their products — and how to use them in client portfolios — as they anticipate increased scrutiny from regulators and the media, according to participants at an ETF round table last week at <i>InvestmentNews'</i> New York offices.
U.S. insurers may improve their financial flexibility as state insurance regulators change the way they evaluate capital requirements for residential-mortgage-backed securities, according to a report from Moody's Investors Service.
Sex, violence and stranger-originated life insurance are at the center of a new novel, “The Death Bond Conspiracy,” written by an unusual author — an insurance agent.
A key state insurance official has called upon the life settlements industry to keep Main Street policyholders in mind — or else.
Although Aviva USA Corp. already has an established strength in its lineup of indexed products, the insurer has its eye on the next innovation: a guarantee wrapper with a managed account or 401(k), according to chief executive Christopher J. Littlefield.
California Gov. Arnold Schwarzenegger yesterday signed into law a bill that discourages stranger-originated life insurance transactions.
The life settlements industry felt some of the ill effects of the economic crisis last year, as purchasers of settlements ran into difficulties financing new premiums and policyholders showed more interest in selling their coverage, according to a report from Conning Research.
The Court of Appeals for the District of Columbia Circuit today ordered the Securities and Exchange Commission to reconsider a rule that treats most equity index annuities as securities.
MSCI Inc. said Monday that it has agreed to buy RiskMetrics Group Inc. for about $1.55 billion in cash and stock in a deal between companies that provide support services to financial companies.
John Hancock Funds LLC is looking to double the size of the sales team that targets registered investment advisers to 12, according to Keith Hartstein, the company's president and chief executive.
Investors should be careful not to let the “sticker shock” of the latest unemployment data derail them from their long-term investment strategies, according to Uri Landesman, head of global growth at ING Investment Management Americas.
Investors should take a cautious approach to the equity markets at this point in the stock market rally, according to Tim Knepp, chief investment officer of Genworth Financial Asset Management.
New York Life Insurance Co. has revamped its sales team to make it easier for its wholesalers to sell an array of products to financial advisers — including annuities, mutual funds and guaranteed-income products.
Company says legal tab in 2009 equaled 12% of revenue; crashed bond funds to blame
New York Life Insurance Co.'s life insurance sales broke records over the first nine months of 2009, the insurer reported today.
Total money market mutual fund assets fell by $3.68 billion to $3.335 trillion for the week, the Investment Company Institute said Thursday.
The John Hancock Financial Network has released a succession-planning platform for its financial representatives.
