On follow-up exam, regulators found Bankers Life had not fully implemented previous recommendations
Close to $1T could be raised by limiting deductions; hey, it's a start
Off 8% in third quarter; MetLife drops to No. 3 behind Pru, Jackson National
The outspoken CEO of Euro Pacific Capital says the fiscal cliff is simply a legal trigger that will trim the deficit in 2013 by automatically implementing spending cuts and tax increases.
Carrier failed to reveal the negative impact of a growth cap on rider; agents also confused.
Stop us if you've heard this one before: Another big seller of variable annuities has tamped down on the business.
Chemistry, services more important than fees: Franklin Templeton
Morningstar research shows that advisers prefer systematic withdrawals in retirement; lack confidence in their annuity know-how.
'Buy now, get income later' is becoming a sellable argument to clients
Major player in advice industry pulls a 180-degree turn in reorg; 'almost non-existent'
Alternative investments, commercial mortgages, junk bonds all on the menu
Announcement of a deal for the 1,600 reps and advisers is expected before indie B-D's national sales conference next month
Entrepreneurs need to be rewarded for taking risks, not shackled
The head of MetLife's broker-dealer operations has parted ways with the insurer. So far, the carrier's management has offered no explanation for the departure.
Claiming spousal benefits often leads to larger check than expected
Over the last few months, several large companies, let by auto giants Ford and GM, announced plans to spin off their traditional pension plans by transferring their liabilities to an insurance company or offering lump-sum payouts to retirees and certain former workers. Verizon was the latest corporation to hop on the de-risking bandwagon, prompting calls from a leading pension advocacy group to halt such actions until Congress can review the impact on workers and retirees
Still subject to age and earnings cap limits; other restrictions may apply
Insurer to pull back from cash-heavy products like variable annuities