Axa exec replacing Casady as chairman of VA trade group

The Insured Retirement Institute last week chose James A. Shepherdson, executive vice president of Axa Equitable, as the group's chairman.
SEP 27, 2009
The Insured Retirement Institute last week chose James A. Shepherdson, executive vice president of Axa Equitable, as the group's chairman. IRI, the trade group of the variable annuity industry, announced his appointment at its 2009 annual conference in Boston. The association was formerly known as NAVA Inc. Mr. Shepherdson will replace Mark Casady, chairman and chief executive of LPL Financial. Mr. Casady will remain on the institute's board until he finishes his three-year tenure next year. The group also has added Terry Mullen, president of Sun Life Financial Distributors, to its board. He will serve three years. Michael Gilotti, who leads business development for life companies at General Re-New England Asset Management Inc., and George Riedel, vice president at T. Rowe Price Group Inc., are both leaving the board. E-mail Darla Mercado at [email protected].

Latest News

SEC and state regulators tighten grip on fraud in fiscal 2026
SEC and state regulators tighten grip on fraud in fiscal 2026

Broker-dealer enforcement actions surged 66% as the SEC and state regulators cracked down on Ponzi schemes and digital asset fraud.

Marsh acquires Wilshire to deepen wealth advisor reach
Marsh acquires Wilshire to deepen wealth advisor reach

The deal adds $221 billion in AUM and bolsters Marsh's alternatives and model portfolio capabilities for advisors.

Gen X retirement savings facing ‘collision of financial pressures’ from family obligations
Gen X retirement savings facing ‘collision of financial pressures’ from family obligations

New Jackson research finds multi-generational financial obligations are leaving pre-retirees dangerously off track.

When the sunset deal dims the value
When the sunset deal dims the value

Sanctuary Wealth’s Vince Fertitta examines what wirehouse advisors may leave behind when a career ends in deferred compensation rather than a sale

Osaic CEO Jamie Price sees W-2 channel growing to a third of assets
Osaic CEO Jamie Price sees W-2 channel growing to a third of assets

Osaic's Empowered Independence reached roughly $20 billion in a year and a half as succession pressure pushes advisors toward becoming W-2 employees

SPONSORED Best Practices for Engaging Women Around Alternatives

Growing wealth, evolving priorities, and untapped opportunities are reshaping how women approach long-term investing.

SPONSORED Built on insurance experience to deliver on long-term promises

Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.