Regulator filing details second benefits cut since May launch
The bad news: the hike for retirement plan kick-ins is puny, while the estate tax exclusion plummets next year
Citing costs, government pulls plug on controversial long-term-care insurance plan; 'we're right where we have been operating'
Bruce Wasserstein, dead for two years, still casts a pall over the Rogue River Valley of southern Oregon, home of Harry & David Holdings Inc.
Long time come, but agents finally form guild to have leverage over corporate office decisions
MetLife Inc. will take a charge of up to $135 million for unpaid death benefits based on Social Security Administration records.
Sponsors of legislation that would limit on the federal levy on investment income at 15% are confident of strong support in the House. The Senate is another matter, however.
Forecast returns built into most retirement tools no longer valid, experts say; 8% is history
Ameriprise Financial Inc. counts on controlled distribution and Lincoln National Corp. 'goes Greek' to hedge variable annuities.
Average balances of 401(k) retirement plans reached the highest level since Fidelity Investments began tracking account values in 1998.
Rising labor costs in China will prompt American factories to move production back to the U.S., creating up to 3.2 million jobs by 2020, the Boston Consulting Group said.
Jeff Henderson was a bright youngster who grew up in the inner cities of Los Angeles and San Diego. By the time he was 19, he had parlayed his natural business talents into a $35,000-a-week drug-selling operation.
If there were any chance of a double-dip recession in the U.S., it has already happened and is over now, according to Marci Rossell, the former chief economist for CNBC.
Sales of indexed annuities surged to $8.4 billion, growing 18% from the first quarter. Meanwhile, income annuities climbed 30% to $2.3 billion during the same period.
Financial advisers are recommending a mix of tools to fund college tuition, the most popular of which are Section 529 college savings plans and trust accounts, according to a new survey.
Aviva Life & Annuity Co. this month amended its lawsuit against six insurance agents in an alleged charity-owned life insurance scheme, claiming that the parishioners of a Los Angeles church were coached to lie to the insurer about the source of premiums for their coverage
Provision allows deceased to pass on exemption to spouse; expires in 2013
State regulators are intensifying a probe into unpaid benefits after Florida Insurance Commissioner Kevin McCarty said in May that insurers may be keeping at least $1 billion in unclaimed funds.
Advisers are lagging banks and retail brokerages when it comes to providing useful tools on smart phones and tablets — and the average investor notices it.
