MetLife will now distribute its retail-deferred income annuity through the carrier’s independent distribution arm.
The Life and Health Insurance Foundation for Education yesterday chose Marvin H. Feldman as the group’s president and CEO.
The insurance firm forecast core per-diluted-share earnings in the $9.80 to $10.20 range.
Two organizations want insurers to have the option of being regulated federally or by the states.
Sandy Praeger was voted in as the Kansas City, Mo.-based association's new president.
Daniel Glaser, currently managing director of AIG’s European arm, will start Dec. 10, filling the position vacated in August by Brain Storms.
An insurance policy that provides an income guarantee to holders of a unified managed account at Lockwood is in registration at the Securities and Exchange Commission.
Dennis Slusarski, Mr. Blumenthal’s predecessor, will assist through the leadership transition.
More advisers are turning toward fixed-income annuities as a new asset when they create retirement plans for their baby boomer clients.
Raymond James Financial Inc. of St. Petersburg, Fla., last month rolled out a series of research reports on variable annuity riders designed to help its reps sort through the confusing array of products.
Mr. Strangfeld, currently vice chairman of Prudential, now runs all of the company’s U.S. businesses.
Financial advisers lack interest in new retirement income products, with many reporting that the products are too complicated and costly, according to observers.
As early as next year, retirees may see a new hybrid investment product that blends mutual funds with insurance guarantees, possibly signifying an alliance between the two industries.
The National Conference of Insurance Legislators has announced a new slate of officers.
Kevin Grant has been chosen as senior vice president of business planning services for Jackson National Life Distributors.
Mr. Wood's retirement ends a 13-year career at the Life and Health Insurance Foundation for Education.
He joins chief executive Sy Sternberg and Ted Mathas, chief operating officer on the board.
Children don't always grow up to be the responsible types we hope for. My client Anne is divorced, with a traditional individual retirement account valued at $1 million.
The October loss stems from a pair of credit default swaps written by the firm’s Credit Solutions unit.
Doug Mishkin, president and chief executive officer of Algren Associates, will head up the executive board as chairman.
