Displaying 33 results
Avoiding investments that are green in name only
The growing appeal of ESG investing leaves financial advisers shouldering a new level of due diligence
The Hartford wins excessive-fee lawsuit
The lawsuit is similar to ones filed against other insurance companies in recent years, which challenge the fee levels received by the firm versus a fund's subadvisers.
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…
The Hartford makes 180-degree turn with reorganization
The recession has forced a makeover of sorts at The Hartford Financial Services Group Inc., where financial advisers…
$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.
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…
Advisers, B-Ds retreat from 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
A battle is in store for the 1,600 affiliated representatives and financial advisers at Woodbury Financial Services Inc.,…
Springtime has arrived and so have the new VAs
It is that time again
Hartford sells private-placement ops
The Hartford Financial Services Group Inc. has spun off its private-placement life insurance operations. The carrier sold…
Variable annuities selling at fever pitch
Investors, attracted by the allure of guarantees, gobbled up variable annuities during the second quarter, placing some insurers on pace to beat estimates and bringing broker-dealers closer to pre-crisis VA sales levels
Top 25 DC fund managers show 17% increase from 2009
The 25 defined-contribution money managers with the most mutual fund assets reported a combined total of $1.606 trillion as of Dec. 31, up 17% from a year earlier, according to sister publication Pensions & Investments' annual survey
Analysts reduce earnings outlook for life insurers
Although analysts are trimming third-quarter-earnings estimates for many life insurers, most remain upbeat about the long-term prospects for the sector
California insurance czar probes 10 insurers over lapsed policies
A slate of major life insurers — the 10 largest doing business in California — are under investigation for the way they handle dormant life insurance policies
The Hartford nabs VA exec from Jackson
Steve Kluever has parted ways with Jackson National Life Insurance Co., joining The Hartford Financial Services Group Inc. and heralding a new push in variable annuity development for the insurer
The Hartford lands on regulators’ radar
Insurance regulators in New York are joining Connecticut's insurance commissioner in examining whether The Hartford made improper disclosures or engaged in misleading practices in its marketing of a new variable annuity.
The Hartford embarks on restructuring
The Hartford Financial Services Group Inc. is disbanding its distribution arm, Hartford Life Distributors, and decentralizing its wholesalers among four recently established business units.
Former Allianz Life chief blasts Hartford’s hiring of Liam McGee as new CEO
Bob MacDonald, the former chief executive of Allianz Life Insurance Co. of North America, has upbraided The Hartford Financial Services Group Inc. for selecting Liam McGee as its new chief executive, calling the decision “outsourcing taken to a new and more dangerous level.”
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