Retirement

Displaying 11577 results
TAX DEC 13, 2007
H&R Block to take $74.8 million charge

H&R Block will record $74.8 million in restructuring charges related to shutting down its Option One Mortgage division.

FINTECH DEC 12, 2007
The Hartford buys tech firm

The Hartford announced plans today to acquire TopNoggin, a technology firm based in Powell, Ohio.

RETIREMENT PLANNING DEC 12, 2007
401(k) disclosure regs floated

The Department of Labor proposed a new rule for fiduciaries meant to increase fee disclosure in 401(k)s.

RETIREMENT PLANNING DEC 11, 2007
IRAs outshine defined contribution plans

Assets in individual retirement accounts grew 16.5% in 2006 to a record $4.23 trillion, according to EBRI.

RETIREMENT PLANNING DEC 11, 2007
401(k)s not enough for young workers

37% of workers born in 1990 will reach retirement age with no savings in a 401(k)-type account, says a report.

LIFE INSURANCE AND ANNUITIES DEC 11, 2007
Metlife opens deferred-income annuity sale

MetLife will now distribute its retail-deferred income annuity through the carrier’s independent distribution arm.

LIFE INSURANCE AND ANNUITIES DEC 11, 2007
LIFE Foundation names new leader

The Life and Health Insurance Foundation for Education yesterday chose Marvin H. Feldman as the group’s president and CEO.

TAX DEC 11, 2007
H&R Block to post $500 million loss

The tax preparer's second quarter saw the shuttering of its troubled Option One Mortgage business.

LIFE INSURANCE AND ANNUITIES DEC 10, 2007
The Hartford reports high-flying year

The insurance firm forecast core per-diluted-share earnings in the $9.80 to $10.20 range.

RETIREMENT PLANNING DEC 10, 2007
CPAs for small businesses may offer 401(k) plans

Certified public accountants who serve small businesses are poised to offer 401(k) plans to their clients, said Chandra Bhansali, president of AccountantsWorld LLC, an online company that provides payroll assistance to 110,000 accountants.

REGULATION AND LEGISLATION DEC 07, 2007
AMT 'patched'; carried tax scuttled

The Senate approved a bill that would prevent 19 million middle-class taxpayers from paying the AMT this year.

LIFE INSURANCE AND ANNUITIES DEC 07, 2007
Insurers lobby for regulation options

Two organizations want insurers to have the option of being regulated federally or by the states.

LIFE INSURANCE AND ANNUITIES DEC 04, 2007
NAIC elects 2008 officer slate

Sandy Praeger was voted in as the Kansas City, Mo.-based association's new president.

LIFE INSURANCE AND ANNUITIES DEC 03, 2007
Marsh & McLennan names brokerage CEO

Daniel Glaser, currently managing director of AIG’s European arm, will start Dec. 10, filling the position vacated in August by Brain Storms.

LIFE INSURANCE AND ANNUITIES DEC 03, 2007
Lockwood plans a UMA with an income guarantee

An insurance policy that provides an income guarantee to holders of a unified managed account at Lockwood is in registration at the Securities and Exchange Commission.

TAX DEC 03, 2007
Michigan advice tax tariff repealed

The controversial 6% tax on investment advice was repealed in a late-night session of the state legislature.

LIFE INSURANCE AND ANNUITIES DEC 03, 2007
Mark Blumenthal named AON's CFO

Dennis Slusarski, Mr. Blumenthal’s predecessor, will assist through the leadership transition.

LIFE INSURANCE AND ANNUITIES DEC 03, 2007
Fixed-income annuities gain clout among advisers

More advisers are turning toward fixed-income annuities as a new asset when they create retirement plans for their baby boomer clients.

RETIREMENT PLANNING DEC 03, 2007
New Form 5500 implementation eats time and money

The unveiling of the revised Internal Revenue Service Form 5500 comes with both relief and trepidation.

BROKER DEALERS DEC 03, 2007
Raymond James researches VA riders

Raymond James Financial Inc. of St. Petersburg, Fla., last month rolled out a series of research reports on variable annuity riders designed to help its reps sort through the confusing array of products.