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Woodbury Financial could pay advisers to stay despite not having buyer
Woodbury Financial is said to be readying retention bonuses to preserve firm's value despite not having a buyer lined up
J.P. Morgan links up with FASCore in recordkeeping arrangement
J.P. Morgan Asset Management has joined up with FASCore to provide record keeping solutions for the asset manager's small-to-midsized plan clients
Hartford reports pick up in VA surrender rate
In-force VA block lapse rate jumped by nearly 50% after Hartford announced it would leave annuity biz; many contracts in the money
Forethought at forefront as RJ pulls plug on Hartford annuities
Company not prepared to put annuities manufacturer on its platform
The Hartford’s annuity exit a shocker for advisers
Carrier's wholesalers met with advisers as recently as last week, said insurer was “committed” to annuity space
With its sights on advisers, USAA hires ex-Hartford Funds boss
Sloane tabbed to oversee third-party distribution for United Services
After bailing on annuities, The Hartford looks to pump up its mutual funds
Insurer sees big room for growth in fund world; relocating, bulking up sales force
Hartford Financial CEO McGee refuses bonus after stock drop
Despite being eligible for a $1.76 million incentive for 2011, Hartford's CEO Liam McGee declined it.
The Hartford to sell bank that qualified it for TARP money
Insurer said it will sell Federal Trust after owning it for less than two years; carrier paid $10M for bank, received $3.4B in government bail-out funds
Advisers, B-Ds step back from The Hartford
Broker-dealers and financial advisers are walking away from the insurance and annuity products of The Hartford Financial Services…
1,600 Woodbury reps await fate after Hartford purge
The dramatic reorganization at The Hartford leaves 1,600 reps at Woodbury Financial with a very uncertain future | Exit from the annuity business a shocker to advisers »
Edward Jones pulls plug on Hartford life, annuity sales
The Hartford's surprise exit from several key businesses is still making waves in the advice industry. The latest news: Edward Jones has ceased selling the carrier's life insurance and annuities.
Hartford offers wealth management boss Levenson $2M bonus to stay for 11 months
Hartford Financial Services has offered its head of wealth management, David Levenson, $2 million to stay on for another 11 months while it seeks a buyer for its life and 401(k) businesses.
The Hartford does ‘something drastic,’ will exit annuity and life insurance businesses
Venerable insurer makes dramatic move amid pressure from shareholder John Paulson
Variable annuity players join the fixed indexed annuity fray
Carriers that have been stalwarts in the variable annuity industry are trying their hand at manufacturing and selling fixed indexed annuities.
Hartford sells private-placement life ops, refocuses
The Hartford Financial Services Group Inc. has sold its private-placement life insurance operations
Vanguard, Fidelity top list of social-media-savvy fund managers
The Vanguard Group Inc. and Fidelity Investments top a list of firms in the asset management industry ranked by how well they use social media.
Life insurers gird for risk management grilling by advisers
Insurers are girding for a flurry of questions about their risk management from broker-dealers and advisers whose interest has grown following the economic bust.
The Hartford nabs VA product development pro
The Hartford has hired Jackson National Life Insurance Co.'s variably annuity product development chief Steve Kluever.
The Hartford’s annuity wholesalers lighten up with iPads
Apple's ubiquitous device enables sales force to ditch smart phones, laptops
