Closing of funds to investors suggests carrier's plan to slow variable annuity sales will be less aggressive than first thought; 'quite modest'
Depreciation schedule on the President's radar; aviation industry feeling 'singled out'
Finra's variable annuity suitability rule should be old news to broker-dealers, but firms that want to steer clear of an arbitration land mine ought to review their procedures.
Ah, retirement. Golf. Cruises. Leisurely walks. And getting financially abused by family members, strangers and businesses.
Aim to get rid of debit cards for the retirement plan, reduce number of loans workers can take
News that Jackson National Life Insurance Co. will curtail sales of its popular variable annuity products — likely by limiting investments — has financial advisers on the lookout for the next best thing and its competitors waiting with open arms for an expected uptick in sales
Variable annuity sales at Jackson National Life Insurance have been surging -- so much so that parent company, Britain's Prudential, has deciced to dial back on the product. Yes, you read that right.
<a href=http://www.investmentnews.com/apps/pbcs.dll/section?category=datajoe&djoPage=summary&issuedate=20100423&sid=BD0426&djoProjId=10994&djoRecordId=290006>QA3 Financial Corp.</a>, an independent broker-dealer that was a leading seller of high-risk private placements over the last decade, in a recent lawsuit said its insurance carrier was pushing it into bankruptcy by failing to back up its coverage.
In time for Gay Pride Month, New York Life Insurance Co. has launched a LGBT channel on its website to address financial and estate-planning needs unique to the lesbian, gay, bisexual and transgender community
A quarter of America's metropolitan areas have jobless rates of 10% or more, above the national average, and many won't see jobs return to pre-recession levels for years.
John Hancock's new fiduciary program for high-end advisers beats coming regulation to the punch
A federal certification would strain resources; some simple approaches help
Seeking to enlarge its footprint in the small- and midmarket-retirement-plan area, Neuberger Berman LLC has brought on a trio of wholesalers
Scrutiny over whether broker-dealer representatives are employees or independent contractors is heating up again in California as a bill works its way through the state Legislature that would punish firms for willful misclassification
A Fidelity survey of married couples finds that they aren't on the same page when it comes to retirement planning, finances.
A raft of likely new taxes and rising taxes will hit the well-off hard in the wallet, say planning experts. How hard? Some can expect double-digit hikes. Yikes.
Planned regulations will hike the standard of care for those who advise DC plans. That should give RIAs a good chance of picking off assets from brokers and wirehouse advisers.
Female retirement plan participants appear to display a greater inclination to place assets in target date funds than in target risk funds
