Some employees in top bracket could face 15% reduction in account balances; lower-paid likely down 10%
Neuberger Berman minds client relationships with newly hired trio of defined-contribution wholesalers; asset gathering to come.
Jackson National Life Insurance Co. has temporarily closed off access to the JNL/BlackRock Global Allocation fund option in the carrier's variable annuities.
Jackson National has announced it will attempt to slow down sales of it sgenerous variable annuity contracts. How it plans on going about this is another proposition.
The Certified Financial Planner Board of Standards Inc. finally has revoked Russian spy Cynthia A. Murphy of her planning credentials.
Instead of standing on the sidelines waiting for a number of long-awaited Labor Department rules to take effect, advisers are figuring out how things will change and are wasting no time as they gear up
Stole $7M from elderly clients; will get out of prison when he's 91
Corporate mandate to slow accelerating sales seen as prudent, but advisers express concerns
Payment to the Bayou State marks third such settlement for the insurer in less than two months