Displaying 3277 results
Insurer to tap athletes to fill its agent bench
Hoping to strengthen its agent force, The Northwestern Mutual Life Insurance Co. has paired with Career Athletes LLC to recruit students as interns and agents
The Hartford nabs VA product development pro
The Hartford has hired Jackson National Life Insurance Co.'s variably annuity product development chief Steve Kluever.
Ex-Allstate agent sues for $15M, alleges “hostile takeover” of his business
Veteran insurance agent Paul A. Mattus has filed suit against The Allstate Corp., claiming that the carrier had muscled him out of his book of business in order to pass it on to a newer, younger agent.
N.Y. Life to release longevity annuity product
Worried about outlasting your savings? Worry no more; N.Y. Life has you covered
Top tax rate would go sky-high under new proposal
Rep. Schakowsky want big increase in marginal rates for millionaires, billionaires
Top tax rate would go sky-high under new proposal
U.S. millionaires would face an annual income tax increase of at least 10% under a deficit reduction measure proposed by Rep. Jan Schakowsky, R-Ill
You having a laugh, mate? U.K. proposes $225 a week flat-rate state pension
The U.K. government proposed replacing its current means-tested state pension with a flat-rate payment of about 140 pounds ($225) a week, with the goal of increasing incentives for people to save for their old age.
No stalling on VA transfers, judge warns insurer
A recent court decision against Pacific Life Insurance Co. may give advisers and broker-dealers legal leverage against insurers that take too long to perform Section 1035 exchanges of variable life policies.
Workers making a hash of nest eggs
Retirement funds not even close to what employees say they'll likely need; confidence level lowest in 20 years
Alleged lack of records costs A.G. Edwards $755K in VA dispute
A.G Edwards, a unit of Wells Fargo, agrees to settle charges filed by Missouri regulators arising from the sales of variable annuities to seniors
House Republicans to SEC: Halt fiduciary duty rulemaking
House Republicans want the SEC to halt its fiduciary duty rulemaking. Why? The GOP lawmakers say the commission needs to look harder at the impact of a universal standard of care.
Annuity tax alteration may hurt middle class
Preoccupied by a battle over federal spending, Congress has barely begun considering another piece of budget balancing: comprehensive tax reform
Coping with costs and compliance
For newly minted sole practitioner Andrew J. Feldman, the toughest part about striking out on his own has been coping with the cost of doing business
DOL extends period for grousing about ‘fiduciary’ definition
Department pushes back deadline for comments by 15 days
Japan temblor alone probably won’t swamp reinsurers
Probably not, although when paired with other recent disasters, carriers' pain could be chronic
Retirement confidence hits skids
American workers' confidence in having enough money for a comfortable retirement dropped to its lowest level in more than 20 years, and an increasing number of employees now plan to work past 65
Firms are omitting annuities in new retirement income products
The move more than likely signals a shift from accumulation -- but without insurance lock-ins
Sen. Harkin: New retirement scheme hinges on advisers
A congressional leader sees a key role for investment advisers in his vision for reform of the retirement system
Target groups see changes to rankings
Morningstar Inc. has updated its quarterly ranking of large target date fund groups, raising its rating on TIAA-CREF and MassMutual Retirement Services, while lowering its rating on Fidelity Investments
New York’s broker pay disclosure law not retroactive, court says
Insurance brokers don't have to disclose incentive arrangements with insurers that were entered into before New York state's disclosure regulation took effect Jan. 1, the New York Court of Appeals has ruled