Pru to pay $615 million in cash for 700,000 life insurance contracts
That best describes the underpinnings of middle-income Americans' financial decisions. And a new survey reveals just how much it's costing them.
Prudential Financial Inc.'s decision to cut off contributions into a slate of older variable annuities with attractive benefits has raised the ire of financial advisers, this time because they were given so little time to add money to the contracts.
Bows out of group LTC insurance; halted sales of individual coverage in March
Despite withering criticism from Democrats, it appears Mitt Romney's tax math does indeed add up. At least, that's the verdict from the non-partisan Tax Foundation.
New research from Wharton shows that many financial advisers are giving their clients shortsighted -- or plain bad -- advice about Social Security.
The outlook for the LTCI business is not good. The reason? Partly, the unexpectedly large tabs being rung up by existing policyholders.
Company expanding its administrative services to yet another custodian's network
Advisers not thrilled by short deadline on variable annuity pullback
