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Vanguard and Hueler Partner to Provide Low-Cost Income Annuities
Wed, Sep 08, 2010
The announcement comes a week ahead of Department of Labor hearings on in-plan income options, which themselves mark a new phase of competition for rollover dollars.
Company/Trade Group News
Fitch Deems Life Insurers “Stable”
Wed, Sep 08, 2010
Fitch expects the industry's large in-force variable annuity business to hurt profitability over the near term, however, and could damage industry earnings and capital in an unexpected, but still possible, severe stress scenario.
SIFMA Urges Uniform Standard for Advisors, Brokers
Wed, Sep 08, 2010
Broker-dealers and investment advisers should appropriately manage conflict of interest by providing individual investors with full disclosure that is simple and clear and allows them to make informed investment decisions, SIFMA said.
Financial Engines' Secret Income Plan
Tue, Aug 24, 2010
Financial Engines CEO Jeff Maggioncalda expects his firm to roll out an in-plan income option to DC participants in late 2010 or early 2011. He won't reveal details, but there are clues to his intentions. Photo by Robyn Basso.
