Sun Life Financial Inc. today released two income benefits.
Corporate pension industry lobbyists are bracing for an attack on the tax breaks for pension plans as the White House and federal lawmakers struggle to slash the federal budget deficit
Putnam Investments chief Robert Reynolds went to Washington last Wednesday to urge Congress to save Social Security — just not in the way financial services industry executives usually -recommend
The Labor Department this month is expected to introduce its final rule on how retirement plan sponsors will be required to disclose plan fees to participants.
In trying to clarify who can give advice to 401(k) plan participants and under what circumstances, the Labor Department appears to have antagonized just about everybody.
Newly proposed disclosure rules could steer plan sponsors to more conservative target date funds for their 401(k) plans, according to some industry experts.
With reform looming, bank's asset management unit joins others in offering retirement plans so-called R6 option
It's that time of year when you are talking to clients about taxes.
Aviva USA last week rolled out a series of changes to its fixed-annuity lineup, including reductions on agents' commissions and the discontinuation of one of its income riders.
More affluent Canadians are flocking south for the warm winter sun and cheap real estate deals
In light of a recent IRS decision that took some by surprise, there's one options strategy we're not likely to see anymore
Ameriprise Financial Inc. has cut off outside broker-dealers from selling its RiverSource variable annuity, limiting sales to Ameriprise registered representatives.
Prudential Financial Inc. is teaming up with Edward D. Jones & Co. LP to create a new A-share variable annuity. The insurer expects to submit a filing for the product in the next 30 to 60 days.
Pruning investment options limits their ability to put clients in the best funds, reps say
A combination of equity market volatility and slumping interest rates pushed sales of fixed indexed annuities in the third quarter to a new high, according to data from LIMRA and AnnuitySpecs.com.
Generous withdrawal benefits for variable annuities — albeit with limits — continued their comeback in the third quarter, according to a report from Ernst & Young.
Mexican telecom tycoon Carlos Slim is the first man from a developing nation to become the world's richest person — a shift that underlines the loosening of America and Europe's stranglehold on the top spots in the billionaires' club.
There are multiple strategies that can be employed once we know what will happen with taxes in 2011
First time in three years; MassMutual's RetireEase top seller in third quarter
Erskine Bowles and Alan Simpson, co-chairmen of the National Commission on Fiscal Responsibility and Reform, have accomplished something politicians rarely achieve: Their plan to cut the federal government's deficit to a sustainable 2% of gross domestic product over a number of years includes something distasteful to virtually everyone.
