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Company/Trade Group News

Hartford CEO to VAs: “Never Again”

by Kerry Pechter

Wed, Apr 07, 2010

The insurer won't focus on VAs as much as in the past. It expects total annuity sales of $5 billion in 2012, or less than half its individual annuity sales in 2008.

Eating the Competition’s Lunch

Eating the Competition’s Lunch

by Kerry Pechter

Tue, Mar 30, 2010

MetLife’s Retirewise program offers hundreds of brown-bag seminars, like the one depicted in this ad, for 401(k) participants at firms where MetLife isn’t the provider.

Spock-o-nomics at the RIIA Meeting

Spock-o-nomics at the RIIA Meeting

by Kerry Pechter

Wed, Mar 24, 2010

At the spring meeting of the Retirement Income Industry Association, held at Morningstar Inc. in Chicago, concepts like "stocks for the long run" and "safe withdrawal rate" were out of favor.

The Empire Strikes Back

The Empire Strikes Back

by Kerry Pechter

Wed, Mar 17, 2010

Lest they be drowned out by 401(k) critics, major DC plan providers have formed a new trade group, the DCIIA, chaired by PIMCO's Stacy Schaus. The group supports target-date collective trusts, deemed IRAs and lifetime income options.