Retirement

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LIFE INSURANCE AND ANNUITIES APR 07, 2010
Insurers dead set against life settlement securitization

The American Council of Life Insurers is asking policymakers to bar the securitization of life settlements.

LIFE INSURANCE AND ANNUITIES APR 06, 2010
HSAs a health care reform winner?

HSA deposits are expected to top $14 billion in assets this year, up from $1 billion in 2006

TAX APR 05, 2010
Look out for hidden swap taxes

Buried in the jobs creation law signed by President Barack Obama last month were a number of tax and reporting provisions that have nothing to do with employment opportunities.

IRS targeting tax evaders at 20 Swiss banks, UBS says
TAX APR 05, 2010
IRS targeting tax evaders at 20 Swiss banks, UBS says

The bank urges the Swiss parliament to sign a tax treaty with the U.S. -- or risk winding up on Uncle Sam's blacklist

RIAS APR 02, 2010
Advisers weigh benefits of new VA products

Now that the days of generous variable annuities are behind them, some advisers are finding ways to fit the revamped, slimmed-down versions into clients' portfolios.

LIFE INSURANCE AND ANNUITIES APR 02, 2010
Saybrus Partners' Brian Laubacker joins The Hartford

Brian Laubacker has joined The Hartford Financial Services Group Inc. Mr. Laubacker will serve as a regional vice president of sales in the western U.S. for The Hartford's individual life insurance division.

LIFE INSURANCE AND ANNUITIES APR 02, 2010
Hartford set to launch new independent agent program

The Hartford Financial Services Group Inc. has begun recruiting independent insurance agents to sell fixed life insurance products while retaining their own autonomy.

RETIREMENT PLANNING APR 01, 2010
12(b)-1 fees pay for more than just hand-holding

I have a solution for Lee Feldman's salespeople who are worried about losing their income derived from 12(b)-1 fees (“Keeping 12(b)-1 fees discourages churning,” Feb. 1).

LIFE INSURANCE AND ANNUITIES APR 01, 2010
Former Allianz Life chief blasts Hartford's hiring of Liam McGee as new CEO

Bob MacDonald, the former chief executive of Allianz Life Insurance Co. of North America, has upbraided The Hartford Financial Services Group Inc. for selecting Liam McGee as its new chief executive, calling the decision “outsourcing taken to a new and more dangerous level.”

LIFE INSURANCE AND ANNUITIES MAR 31, 2010
PFS reps stand to pick up stock awards from Primerica IPO

Five millions shares allotted to workers, including officers and sales force leaders

LIFE INSURANCE AND ANNUITIES MAR 31, 2010
NAIFA names Waters permanent CEO

Industry group for insurance and financial advisers gives acting CEO the job on a permanent basis

RETIREMENT PLANNING MAR 31, 2010
On our blogs: Can small banks succeed in wealth management?

RETIREMENT PLANNING MAR 30, 2010
Health-care cost now up to $20.50 an hour at home

While the national average cost of home health care increased last year, expenses vary from city to city.

Insurance regulators eye stranger-originated annuity sales
LIFE INSURANCE AND ANNUITIES MAR 30, 2010
Insurance regulators eye stranger-originated annuity sales

The National Association of Insurance Commissioners plans to look into legitimacy of third-party originated annuity transactions

LIFE INSURANCE AND ANNUITIES MAR 30, 2010
Fixed-annuity sales down in 4Q and full-year 2009

Fixed-annuity sales slid in the fourth quarter and dropped off slightly for the full year of 2009.

LIFE INSURANCE AND ANNUITIES MAR 30, 2010
Variable annuities sales leaders

LIFE INSURANCE AND ANNUITIES MAR 30, 2010
Variable annuities asset leaders

LIFE INSURANCE AND ANNUITIES MAR 30, 2010
Fixed annuity sales slid in '09

Fixed annuity sales slid in the fourth quarter of 2009 — and dropped off slightly for the full year.

Bank of America already working on upgrade to its new Financial Wellness Monitor
RETIREMENT PLANNING MAR 30, 2010
Bank of America already working on upgrade to its new Financial Wellness Monitor

Bank of America Merrill Lynch is already planning the next evolution of its Financial Wellness Monitor to be able to score investors' overall financial situation.

RETIREMENT PLANNING MAR 29, 2010
California vs Greece? No contest, say bond buyers

Both sovereigns are facing economic woes. Both are facing huge budget gaps. But only one is facing runaway borrowing costs