A couple should consider setting up a 529 college savings plan to minimize the effect of spiraling tuition costs.
Employers are getting more proactive about offering incentives to make it easier for employees to use a 401(k) plan, according to a study from Deloitte Consulting LLP.
The Hartford Financial Services Inc. today appointed Marc Lieberman president and chief executive of Hartford Life.
Berkshire Hathaway reported net earnings declined to $2.88 billion from $3.12 billion a year ago.
Because of slumping second-quarter sales of variable annuities, industry observers believe fixed annuities could benefit.
The Principal Financial Group has released a white paper that examines the four methods of providing retirees with income.
Marsh & McLennan Cos. of New York reported that its second quarter profit fell 63%to $65 million, or 13 cents per share.
Mario Gabelli plans to raise $200 million to buy a financial services, media or telecommunications company.
Consider a sale of assets to an intentionally defective grantor trust for the benefit of multiple younger generations.
Following Invesco AIM were American Funds Group, Fidelity Investments and OppenheimerFunds Inc.
Clients would be urged to obtain a personalized hypothetical illustration, revealing all applicable charges and fees.
If your client want to raid their retirement money for a "hardship distribution," you need to know the rules.
The Hartford Financial Services Group's second-quarter profits fell to $543 million or $1.73 per diluted share.
Insurance industry representatives and regulators could not agree on moving ahead with comprehensive reform legislation.
A Department of Labor proposal released last week seeking to provide the country's 65 million 401(k) participants with additional information about fund charges is stirring debate among different advocacy groups as to whether more data would be helpful or damaging.
Allianz Life Insurance Company of North America of Minneapolis today named Giulio Terzariol chief financial officer.
The insurance company will pay $786,655.87 as part of a settlement with the North Carolina insurance department.
Consumer protections and state partnership arrangements with insurance companies were among the topics.
HealthMarkets Inc. faces up to $10 million in additional penalties if it doesn’t meet disclosure and oversight standards.
The Select 5 fixed-interest annuity is a single-premium product that is guaranteed for five years.