Daniel Glaser, currently managing director of AIG’s European arm, will start Dec. 10, filling the position vacated in August by Brain Storms.
An insurance policy that provides an income guarantee to holders of a unified managed account at Lockwood is in registration at the Securities and Exchange Commission.
Dennis Slusarski, Mr. Blumenthal’s predecessor, will assist through the leadership transition.
More advisers are turning toward fixed-income annuities as a new asset when they create retirement plans for their baby boomer clients.
Raymond James Financial Inc. of St. Petersburg, Fla., last month rolled out a series of research reports on variable annuity riders designed to help its reps sort through the confusing array of products.
Mr. Strangfeld, currently vice chairman of Prudential, now runs all of the company’s U.S. businesses.
Financial advisers lack interest in new retirement income products, with many reporting that the products are too complicated and costly, according to observers.
As early as next year, retirees may see a new hybrid investment product that blends mutual funds with insurance guarantees, possibly signifying an alliance between the two industries.
The National Conference of Insurance Legislators has announced a new slate of officers.
Kevin Grant has been chosen as senior vice president of business planning services for Jackson National Life Distributors.
Mr. Wood's retirement ends a 13-year career at the Life and Health Insurance Foundation for Education.
He joins chief executive Sy Sternberg and Ted Mathas, chief operating officer on the board.
Children don't always grow up to be the responsible types we hope for. My client Anne is divorced, with a traditional individual retirement account valued at $1 million.
The October loss stems from a pair of credit default swaps written by the firm’s Credit Solutions unit.
Doug Mishkin, president and chief executive officer of Algren Associates, will head up the executive board as chairman.
Union Labor Life Insurance Co. today settled with the Department of Labor, paying $20 million over alleged violations of federal employee benefits law.
National Financial Services has added seven insurance carriers to the company’s annuity program for B-Ds
Mr. DiDonna will lead about 150 people specializing in reinsurance, product development, actuarial services and underwriting.
New York Life Insurance elected Patricia L. Barbari has to senior vice president in the Individual Policy Services department.
Using a fixed-income annuity in a retirement income account resulted in greater long-term wealth, according to a study.
