The U.K. government proposed replacing its current means-tested state pension with a flat-rate payment of about 140 pounds ($225) a week, with the goal of increasing incentives for people to save for their old age.
A recent court decision against Pacific Life Insurance Co. may give advisers and broker-dealers legal leverage against insurers that take too long to perform Section 1035 exchanges of variable life policies.
Retirement funds not even close to what employees say they'll likely need; confidence level lowest in 20 years
A.G Edwards, a unit of Wells Fargo, agrees to settle charges filed by Missouri regulators arising from the sales of variable annuities to seniors
House Republicans want the SEC to halt its fiduciary duty rulemaking. Why? The GOP lawmakers say the commission needs to look harder at the impact of a universal standard of care.
Preoccupied by a battle over federal spending, Congress has barely begun considering another piece of budget balancing: comprehensive tax reform
For newly minted sole practitioner Andrew J. Feldman, the toughest part about striking out on his own has been coping with the cost of doing business
Department pushes back deadline for comments by 15 days
Probably not, although when paired with other recent disasters, carriers' pain could be chronic
American workers' confidence in having enough money for a comfortable retirement dropped to its lowest level in more than 20 years, and an increasing number of employees now plan to work past 65
The move more than likely signals a shift from accumulation -- but without insurance lock-ins
A congressional leader sees a key role for investment advisers in his vision for reform of the retirement system
Morningstar Inc. has updated its quarterly ranking of large target date fund groups, raising its rating on TIAA-CREF and MassMutual Retirement Services, while lowering its rating on Fidelity Investments
Insurance brokers don't have to disclose incentive arrangements with insurers that were entered into before New York state's disclosure regulation took effect Jan. 1, the New York Court of Appeals has ruled
Advisers have mixed feelings about volatility dampener; 'really restrictive'
Western & Southern Financial Group Inc.'s decision to base its variable annuity investment options on exchange-traded funds is a positive for the insurer, allowing it to better manage market risk tied to the products, according to Moody's Investors Service
SEC claims that Provident Capital made false statements about its ability to cover its bond obligations
IRI report is pre-emptive strike against possible tax change
Higher interest rates are likely to result in insurers' sweetening their fixed-indexed-annuity offerings this year as they try to catch a wave of renewed investor interest
Corporate-owned life insurance is on the chopping block as President Barack Obama releases his 2012 budget
