by Editorial Staff
Wed, May 05, 2010
The Richmond-based company reported net income of $212 million in the first quarter of 2010 (before provision for non-controlling interests), compared to a loss of $469 million in the first quarter of 2009.
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by Editorial Staff
Wed, May 05, 2010
The Individual Annuities segment reported operating income of $119 million in the first quarter of 2010, up from $74 million a year ago, reflecting a 34% increase in average annuity account values.
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by Editorial Staff
Wed, May 05, 2010
Some of the administrative burdens that come with carrying annuities need to be eased in order to attract more employers to offer these types of products, ING said.
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by Editorial Staff
Wed, May 05, 2010
Worldwide, mutual fund investors have added nearly $1.4 trillion of net flows to bond and stock funds since March 2009's market bottom, according to Strategic Insight's Simfund databases.
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by Editorial Staff
Wed, May 05, 2010
“One of the disadvantages of in-plan options is that Qualified Joint Survivor and Annuity (QJSA) rules can often be cumbersome, confusing, and difficult to administer," said the TIAA-CREF brief.
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