Insurance giant to pay a $20M fine and $5M to customers for “negligent” misrepresentation and omissions, according to Finra.
MetLife is the second major insurer to exit the brokerage business, in the sale of its adviser unit to MassMutual. Mergers may be on the rise due to the Labor Department's proposed fiduciary rule.
Legal recognition of same-sex couples means fewer complications and new options for investing.
Legalizing same-sex marriage nationwide opens the door for spousal, survivor, disability and Medicare benefits.
Foreign workers and dependents retiring abroad face complicated rules.
Foreign workers and dependents retiring abroad face complicated rules.
U.K. vote to leave the European Union after more than four decades of membership sends U.S. stock futures tumbling.
Now top executives at some of the largest fund companies are warning that a reckoning is coming.
Plus: How well do you know your non-traditional bond fund, debunking dividend myths, and looking like a million bucks for less
Former Fed vice chairman says he doesn't support litigation over the controversial regulation.
Peter Neuberg agreed to a six-month suspension and $15,000 fine.
The first wave of boomers turns 70½ starting July 1, and must start taking distributions from their retirement savings.
Recent 'Last Week Tonight' segment is just one example of the growing awareness of this issue.
Complacency over adopting new technology will only lead to a declining business, technology expert Joel Bruckenstein said at the Morningstar Investment Conference this week.
The move would allow insurers to sidestep additional risk in distributing through independent agents.
Studies show publicly available retirement calculators shouldn't be taken at face value.
New offerings for the younger market have made the life insurance industry ripe for disruption.
Plus: Soros fights Brexit with scare tactics, what the Queen thinks about the Brexit vote, the smart-beta evolution, and alternative retirement lifestyles
Even among those who are, almost half say their advisers don't feel like long-term partners.
