Mike Fanning is retiring after 17 years as the insurer's US head, a period in which MassMutual grew into one of the top annuity providers in the US.
The measure seeks divestment of an estimated $15 billion from oil and gas companies by CalPERS, CalSTRS.
Given the many lawsuits filed against retirement plan sponsors in recent years for breaching their fiduciary duties, here are the steps plan committees should be taking to mitigate risk.
Total fixed annuity sales surged 101% to $70.9 billion in the first three months of 2023, compared with last year’s results.
Here's a list of the costs that have become qualified expenses for 529 plans in the past decade.
Social Security and account numbers were compromised in a phishing attack, but accounts were not accessed, according to the firm.
Those due to receive their Social Security benefits next week are retirees aged 88 and older, along with low-income individuals with disabilities.
The torrent of emails we received from members of all generations in response to 'Boomers bite back' was something we'd never experienced before.
Key features of the test include the ability to see how a retirement plan would perform through real historical scenarios such as the Great Depression, 1970s stagflation, the dot-com bubble and the global financial crisis.
The American Council of Life Insurers included questions in the poll that it says show a DOL fiduciary rule would hinder access to retirement advice.
Here are the firms that took in the most annuity revenue last year, as market volatility propelled record annuity sales.
It's time for the financial services industry to rethink its rules when it comes to offsetting fees.
More than half of US asset managers see ESG as a high priority, and many are adding staff to support that.
One in five Gen Z respondents report having no money in savings, demonstrating a severe misalignment between their plans to retire young and the reality of their financial situation.
Flemington, New Jersey-based Amwell Ridge Wealth Management was founded in 1996 by managing partner David Johnston.
The Republican AGs are examining net-zero goals that insurance companies have agreed to as part of an industry group.
The disclosures that MML Investors Services delayed making included customer complaints and arbitrations, criminal charges and bankruptcies.
An analysis tool on its Invest Your Values site gives participants a peek into the exposure their plans have.
Pontera’s alliance with the Atlanta-based wealth manager is the latest in a string of deals designed to give financial advisors the ability to manage client assets in held-away accounts.
Just over half of women who are 25 and older said they don't consider themselves financially secure; 77% of low-income women said the same.
