Displaying 53 results
Invesco to buy OppenheimerFunds
Deal brings Invesco another $246 billion in assets, as well as high-fee actively managed funds.
Invesco said to be in talks to purchase OppenheimerFunds
MassMutual's sale of the unit has been estimated to fetch $5 billion.
MassMutual is considering sale of OppenheimerFunds division
The potential transaction comes as asset managers see margins narrow and active funds lose ground to passive funds.
MassMutual offers active target-date funds managed by T. Rowe Price
Tactical asset allocation funds will be available only in MassMutual-managed plans.
Checking one off the bucket list
Contributing editor tests a long-held dream for her retirement and finds it lacking.
Guaranteed retirement income campaign launched
Industry coalition seeks to educate the public and advisers about the value of annuities.
Legg Mason hopes to reverse TDF fortunes with MassMutual deal
The firm tried launching two different target-date series within the past decade, both of which closed after failing to gain much traction.
Mass Mutual to hike some LTC premiums by 77%
Move will affect 54,000 policyholders with older policies.
Technology is streamlining the process of issuing life insurance policies
A digital transformation is taking root in the industry, and it's benefiting clients and advisers alike.
Smart data can improve behavior, outcomes for retirement savers
The defined contribution industry, record keepers and advisers alike, must catch up fast.
Insurance-based broker-dealers plan to use BICE under DOL fiduciary rule
Some firms are rethinking a shift to fee-based compensation and instead are sticking with commission structures that will trigger the need for best interest contract exemptions.
MassMutual turns to video games to boost retirement savings
The newly developed video game seizes on the concept of gamification to improve participant behavior regarding retirement savings.
MetLife is second major insurer to exit the brokerage business, in the sale of adviser unit to MassMutual
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.
MassMutual settles 401(k) suit with its employees for $31 million
The insurer joins other firms such as Fidelity Investments and Ameriprise Financial in settling allegations over excessive 401(k) fees in their own company plans.
MassMutual enters long-term distribution deal for MetLife fixed indexed annuities
The deal is part of a broader deal announced Feb. 29 between the two insurers, which includes the purchase of MetLife's Premier Client Group.
Allianz, Pimco targeted in class-action 401(k) suit
Firms are the latest targets in another class-action lawsuit alleging breach of fiduciary duty due to excessive 401(k) fees.
MassMutual jumps into a hot investment-only variable annuity market
Insurance firm is debuting its first IOVA as the products are helping prop up overall VA sales.
MassMutual teams with Envestnet on defined-contribution managed-account service
Insurer is trying to capitalize on big growth seen among asset-allocation products in the DC market and betting managed accounts become more widely used.
MassMutual beefs up DCIO effort, extending reach into retirement plans
Insurer faces uphill battle as competition in defined contribution investment-only space is tough.
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.
