Insurer faces asset liability management and longevity risks tied to pension obligations; 'credit negative'
Automaker also shifting balance of pension plan to Prudential
In a surprise move, the Department of Labor backed off an earlier provision that tightened the standards governing brokerage account windows. The response of 401(k) advisers and consultants? Huzzah.
Open architecture and fund selection now commonplace; 'evolution'
Labor Department now shooting to issue proposal during the first half of the year; request for IRA info could gum up the works
Expertise in government medical plan will boost an adviser's business, help retain clients, surveys show
Secret to getting the most money from Uncle Sam is like the secret of comedy: Timing
AIG boss Robert Benmosche has offered a radical yet simple solution to gaping shortfalls in government pension and medical programs. Push the retirement age back -- way back.
Bill McDermott, head of defined contribution at Goldman Sachs, to lead sales at J.P. Morgan unit
Firm joins the likes of LPL Financial, Commonwealth and Royal Alliance
Axa aims to offer VA policyholders a hike in account value if they agree to cancel a generous death benefit. If the plan works, expect other insurers to follow suit. Says one industry watcher: 'The floodgates will open.'
