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Cover Stories

In Denim or in Suits, New Yorkers Want Market Reform

by Kerry Pechter

In Denim or in Suits, New Yorkers Want Market Reform

Sun, Oct 16, 2011

An 'Occupy Wall Street' protester at New York's Zuccotti Park expresses her opinion. The same day, at the NY Athletic Club, Wall Streeters themselves criticized their own industry.

RSQ-y Business at John Hancock B/D

by Kerry Pechter

RSQ-y Business at John Hancock B/D

Wed, Oct 12, 2011

John Hancock Financial Network will offer its advisors the Retirement Sustainability Quotient, an income planning tool that Moshe Milevsky (pictured) developed for ManuLife Financial, JHFN's Canadian parent.

'Boom Time' for Variable Annuities?

by Kerry Pechter

'Boom Time' for Variable Annuities?

Thu, Oct 06, 2011

Guest speakers Fareed Zakaria (pictured) urged more fiscal stimulus for the economy while Andrew Friedman warned of looming tax hikes at the Insured Retirement Institute's conference in Boston. "Boom Time" was the conference theme this year.

Introducing the Virtual RIA

by Kerry Pechter

Introducing the Virtual RIA

Tue, Sep 27, 2011

Internet start-up Personal Capital is out to prove that mutual funds and face-to-face financial advice are obsolete. (At center, CEO Bill Harris, with Jim Del Favero, VP, product management (seated) and Ehsan Lavassani, engineering director.

Columns : Guest Column

The Implications of Europe’s Solvency II

The Implications of Europe’s Solvency II

by Tamiko Toland

As Europe raises its bar on insurance regulation, it's in America's best interest to follow suit, writes Ms. Toland, managing director, Retirement Income Consulting, at Strategic Insight.

News

Record annuity sales at bank holding companies

Thu, Oct 20, 2011

Three-fourths (74.7%) of bank holding companies with over $10 billion in assets earned first-half annuity commissions of $1.46 billion, constituting 95.2% of total annuity commissions reported by the banking industry.

Retire the stereotype of the six-figure public-sector pension, say academics

Thu, Oct 20, 2011

About two-thirds of state and local workers leave public employment with little or no pension, according to a new research brief from Alicia Munnell and colleagues at the Center for Retirement Research at Boston College.

Vanguard adds GLWB to its private-label variable annuity

Vanguard adds GLWB to its private-label variable annuity

Thu, Oct 20, 2011

The rider is issued is by Monumental Life Insurance Company, and costs 95 basis points a year in addition to the cost of the no-load VA, which ranges from 36 to 81 basis points, depending on the investment options chosen.

New TDFs from Lincoln Financial respond to market volatility

Thu, Oct 20, 2011

Each TDF is “designed to adjust its equity allocation in response to prevailing market conditions,” the company said in a release.

The Bucket

The Bucket

Thu, Oct 20, 2011

Brief or late-breaking items from Sun Life Financial, Vanguard, Mass Mutual and the SPARK Institute.