Executives at Genworth Financial took another step in their downsizing with the announcement of the much-anticipated sale of its wealth management unit. Who bought it? Darla Mercado has the details.
Carrier to suspend sale of lifetime benefits, 10-pay versions of product; changes to kick in July 29
Fingers crossed for product enhancements, ratings upgrades.
Moody's lowers financial strength grade for Aviva Life; third reduction in three months
Hot third-quarter indexed-annuity sales help propel industry, PE-backed insurers show staying power
Say league is tossing up a brick with reliance on annuities; 'solution of last resort'
Good news – plan sponsors see big bounce in performance after adding new funds; bad news – it doesn't last.
