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Woodbury, Hartford on hook in $100,000 claim after stepson steals from stepdad
Advisory firms for years have continued to be plagued by imposters seeking access to clients' accounts.
Hartford rejects Chubb’s $23 billion takeover proposal
The response puts pressure on Chubb CEO Evan Greenberg to sweeten the offer as he seeks to beef up Chubb with Hartford's small-business coverage, fund manager and employee benefits unit.
Chubb explores acquiring $22 billion rival Hartford
Hartford has long been considered a potential takeover candidate for the biggest insurers in the U.S., and Chubb could reap considerable cost savings from a deal.
Hundreds of conventional funds add ‘ESG’ to prospectus just in case
Trend is seen as part marketing and part endorsement of ESG's investment benefits.
Ten years after the crisis, investors need advisers more than ever
Emphasize the importance of maintaining a fundamentally diversified portfolio.
What grade does your state’s 529 plan get?
Age-based plans for this year's freshmen don't always get high marks. New York, Pennsylvania and Iowa funds get an A, but other states have more homework to do.
It’s time to look beyond the numbers to help strengthen client relationships
In-depth research and new partnerships are needed to investigate the rational and emotional ways investors think about money, investing and their advisers.
Hartford offers to buy back old fixed annuities; about 90,000 contracts affected
Insurer, shrinking its annuity business since 2012, plans enhanced surrender offers
The Hartford’s rich VA buyout a lone rider
The Hartford's generous VA buyout deal is creating a buzz in the industry. Just don't expect other carriers to follow suit.
VA guidance is responsibility of reps: Compliance experts
As life insurers alter variable annuity contract language and implement other changes to escape from their large VA…
Hartford unwraps VA buyout offer
The Hartford Financial Services Group Inc. has divulged the details of its variable annuity settlement program, which would…
VA buyback offers raising hackles in B-D Land
Recent VA buyback offers by insurers are getting a frosty reception from B-Ds. Here's why.
So where did The Hartford go?
Major player in advice industry pulls a 180-degree turn in reorg; 'almost non-existent'
AIG to buy Woodbury Financial
The Hartford Financial Services Group Inc. is selling Woodbury, which has 1,400 reps and advisers, as part of a wide restructuring.
$400M sale to let Hartford retire from retirement biz
The Hartford Financial Services Group Inc. is selling its retirement plan business to Massachusetts Mutual Life Insurance Co.
Prudential said to emerge as lead bidder for Hartford Life unit
Prudential Financial Inc. has emerged as the lead bidder for Hartford Financial Services Group Inc.'s individual life insurance business, which may sell for about $1 billion, said two people with knowledge of the matter.
Hartford pressured to cash out VA holders
Hartford Financial Services Group Inc. chief executive Liam McGee may follow Axa SA and AEGON NV's Transamerica in…
The Hartford would take its lumps in cashing out VA holders
Major upfront expense needed to get out from under 'ungodly' liabilities
VA changes at major insurers are afoot, executives say
Just when it seemed that the variable annuity industry couldn't handle more change, major sellers MetLife Inc. and Prudential Financial Inc. expect to roll out product updates this month, while The Hartford Financial Services Group Inc. is looking to reduce further its VA book of business.
Surprise suitor emerging in sale of Woodbury
Sources say AIG's Advisor Group is one of four potential buyers for Woodbury, The Hartford indie B-D with roughly 1,600 reps
