Retirement

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LIFE INSURANCE AND ANNUITIES FEB 11, 2010
Lincoln National opens Coastal Financial office in L.A.

Lincoln National Corp. announced today that it has opened a new Los Angeles office to help it sell more Lincoln Financial Group life insurance products to small-business owners and high-net-worth individuals on the West Coast.

By Hilary Johnson
LIFE INSURANCE AND ANNUITIES FEB 11, 2010
New York state releases final ruling on broker pay

The New York State Insurance Department released its final producer compensation disclosure regulation Tuesday.

By Gavin Souter
LIFE INSURANCE AND ANNUITIES FEB 11, 2010
Calif. insurers: We've got $12B invested in Iran

California's insurance commissioner said Tuesday he will push insurance companies doing business in California to divest up to $12 billion in indirect investments in Iran's defense, nuclear, energy and banking industries.

By Associated Press
RETIREMENT PLANNING FEB 10, 2010
Crescent Fund's Steven Romick: How to play murky markets, plus picks for the healthcare sector

By Mark Bruno
LIFE INSURANCE AND ANNUITIES FEB 10, 2010
Catastrophe bond issues expected to surge this quarter

The catastrophe bond market is poised for an active fourth quarter as several factors combine to boost the insurance-linked-securities sector, according to experts and observers

By Colleen Mccarthy
LIFE INSURANCE AND ANNUITIES FEB 10, 2010
Aon Corp., Hartford Financial Services, MetLife Inc.

Aon Corp.said today its first-quarter profit jumped 28% as the insurance broker was able to slash costs, more than offsetting a slight decline in revenue.

By D Hampton
LIFE INSURANCE AND ANNUITIES FEB 09, 2010
Did motivational speaker kill himself for insurance money?

From the start, the man accused of killing motivational speaker Jeffrey Locker told a startling tale: He said Locker asked for help stabbing himself to death so his family could collect life insurance money.

By Associated Press
LIFE INSURANCE AND ANNUITIES FEB 09, 2010
MetLife near $14B deal for AIG international life unit

American International Group Inc. is in talks with MetLife Inc. to sell one of it's largest insurance units for between $14 billion and $15 billion, according to news reports Tuesday citing people familiar with the matter.

By Bloomberg
LIFE INSURANCE AND ANNUITIES FEB 09, 2010
Report: AIG CEO ready to quit over pay constraints

After just three months as head of embattled insurer American International Group, Robert Benmosche has threatened to leave his post as he struggles to deal with heavy government oversight and restrictions on what the bailed-out company can pay employees, according to a published report.

By Bloomberg
LIFE INSURANCE AND ANNUITIES FEB 09, 2010
MetLife CFO: Overseas acquisitions are on tap

MetLife Inc. is licking its chops at the opportunity to expand overseas, according to published reports.

By Mark Bruno
LIFE INSURANCE AND ANNUITIES FEB 09, 2010
Report: AIG discussing sale of unit to MetLife

By Bloomberg
Nationwide steps away from 200 indie advisers
LIFE INSURANCE AND ANNUITIES FEB 08, 2010
Nationwide steps away from 200 indie advisers

Nationwide Financial Network, the sales and marketing arm of Nationwide Mutual Insurance Co., has informed the 200 independent financial advisers that clear through its brokerage to find a new broker-dealer by April 30.

By Jessica Toonkel Marquez
LIFE INSURANCE AND ANNUITIES FEB 08, 2010
Insurers would take modest hit from Obama's proposed tax: KBW

Major life carriers' earnings will take just a minor hit from President Obama's proposed Financial Crisis Responsibility Fee, according to a report from securities firm Keefe Bruyette and Woods.

By Bloomberg
LIFE INSURANCE AND ANNUITIES FEB 08, 2010
N.Y. state orders FGIC to stop paying claims

The office of New York insurance superintendent James Wrynn has ordered embattled bond insurer Financial Guaranty Insurance Co. to halt claims payments.

By Darla Mercado
ING's insurance unit flops in the fourth quarter
LIFE INSURANCE AND ANNUITIES FEB 07, 2010
ING's insurance unit flops in the fourth quarter

ING Groep NV, one of Europe's largest banking and insurance groups, reduced its losses to €712 million ($980 million) for the fourth quarter on Wednesday, reflecting a mixed operating performance and a big charge related to an earlier bailout.

By Associated Press
RETIREMENT PLANNING FEB 07, 2010
Government requests information on using annuities in 401(k)s

The Labor and Treasury department have put out a request for information on the use of annuities in defined-contribution plans.

By Darla Mercado
RETIREMENT PLANNING FEB 07, 2010
Help make breaking up easier

The benefits that financial advisers provide to a client going through a divorce start when that client first informs you of the wedding plans.

By John E. Johansen
RETIREMENT PLANNING FEB 07, 2010
Advisers go it alone on personal finances

Like many financial advisers, Rick Kahler struggled for years over whether to hire a peer to review his personal financial plan.

By Lisa Shidler
RIAS FEB 07, 2010
A tale of taxes - and superior service

I would like to share a story about great client service from a financial adviser.

By Jim Pavia
RETIREMENT PLANNING FEB 07, 2010
White House backs Roth IRAs as default pension investment vehicle

Retirement savings for workers automatically enrolled in individual retirement accounts under the administration's fiscal 2011 budget proposal would be invested in Roth IRAs — unless they specifically chose a traditional IRA.

By Sara Hansard