Insurance brokers don't have to disclose incentive arrangements with insurers that were entered into before New York state's disclosure regulation took effect Jan. 1, the New York Court of Appeals has ruled
Does providing a list of options constitute advice?
Advisers have mixed feelings about volatility dampener; 'really restrictive'
Western & Southern Financial Group Inc.'s decision to base its variable annuity investment options on exchange-traded funds is a positive for the insurer, allowing it to better manage market risk tied to the products, according to Moody's Investors Service
SEC claims that Provident Capital made false statements about its ability to cover its bond obligations
IRI report is pre-emptive strike against possible tax change
Survey finds U.S. citizens still not overly interesting in stashing cash away
Treasury boss Timothy Geithner say the department is considering overhauling the current tax set-up. On the radar: reclassifying the status of pass-through businesses — including LLPs and S corps. Yikes.
Higher interest rates are likely to result in insurers' sweetening their fixed-indexed-annuity offerings this year as they try to catch a wave of renewed investor interest
Corporate-owned life insurance is on the chopping block as President Barack Obama releases his 2012 budget
Lawsuit claims insurer profited mightily off retained-asset accounts; lump-sum payment or not?
Growth on protected value cut back; company cites low interest rates
Genworth Financial Inc.is exiting the variable annuities market.
Bring on the fiduciary standard. In a recent InvestmentNews survey of almost 600 advisers, registered reps, financial planners, insurance agents and others, 69.2% said that they agree with the SEC's staff recommendation that any financial professional giving personalized investment advice be deemed a fiduciary
They say that love is blind, but marriage is a real eye-opener
Three independent broker-dealers are suing their respective insurance carriers for failing to cover investors' legal claims, with one charging that its insurer has exposed it to “financial ruin”
Will serve as managing director for firm with $7.1B in AUMs; outfit started out as John D.'s family office in 1882
Rejiggered, standalone line of business now reports directly to the CEO; meanwhile, investment product management boss departs
Lawyers cite risk of information overload; 'confusing' to participants
