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Advisory industry, clients spooked by subpoena of Wellington
Obervers say the advisory industry is spooked by the probes of Diamondback Capital and Level Global Investors. But the bigger concern may be the subpoena of Wellington Management, which is a subadviser to marquee firms like Vanguard, The Hartford, and John Hancock.
<b>IN’s Cooper:</b> The Hartford’s petard problem
You have to feel sorry about The Hartford's latest problems.
The Hartford inflames B-Ds, advisers
Broker-dealers and financial advisers are taking action against The Hartford Financial Services Group Inc. in response to a letter the firm sent to their clients that entices them to swap their variable annuities for a replacement — one that advisers say actually strips away generous guarantees.
‘Exchange’ letter lands The Hartford on regulators’ radar
Attorneys also predict insurer's marketing of new VA will trigger lawsuits; 'half-baked solicitation'
Connecticut taps The Hartford for state’s first adviser-sold 529
Insurer's second state pickup, following selection by West Virgina; ETFs on the menu
The Hartford pares fees on fixed-income funds
The Hartford Financial Services Group Inc. is reducing the expenses on six of its fixed-income funds, but the funds are still far from being low for their categories, according to Morningstar Inc.
B-Ds, advisers take aim at The Hartford over ‘exchange’ letter
B-Ds, advisers let loose on the insurer about its attempt to entice clients to switch from one variable annuity to another. The chief complaints: the timing of the letter to clients and the features of the new VA. Readers clash over the controversy
Advisers up in arms over The Hartford’s VA ‘exchange’ letter
Financial advisers are fuming over a letter The Hartford sent to clients which entices them to swap their variable annuities for a replacement. Why so angry? Advisers say the new VA actually strips away generous guarantees.
Conn. insurance cops to look into The Hartford’s ‘exchange’ letter
Connecticut insurance commissioner Thomas R. Sullivan will look into whether The Hartford participated in “misleading practices” in its marketing of a new variable annuity, the commissioner's office announced today.
The Hartford’s VA exchange letter
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Hartford taps insider to run mutual fund business
The Hartford Financial Services Group Inc. has tapped Jim Davey, head of the company's retirement division, to run its mutual fund business.
The Hartford names new president of wealth management
John C. Walters is being replaced by David N. Levenson, an executive vice president leading The Hartford's in-force domestic variable annuity business.
Expanded wealth management platform in the works at The Hartford
Insurer looks to branch out with new products aimed at affluent customers, business owners
Saybrus Partners’ Brian Laubacker joins The Hartford
Brian Laubacker has joined The Hartford Financial Services Group Inc. Mr. Laubacker will serve as a regional vice president of sales in the western U.S. for The Hartford's individual life insurance division.
Hartford’s McGee says ‘never again’ to annuities concentration
Insurer's new boss said the Connecticut company will avoid focusing on any one product after VAs contributed mightily to two straight years of losses
Hartford shares advance after Deutsche Bank report
Hartford Financial Services Group Inc. shares advanced today after Deutsche Bank raised its share price target, citing favorable market conditions.