A Man of Conviction

By Kerry Pechter
How did Matthew Hutcheson, once a poster boy for fiduciary rectitude, turn into the wanted-poster man for fiduciary misconduct? But his ill-fated deal for the Osprey Meadows golf course (pictured) in Idaho was just a subplot within a subplot of the 2008 real estate bust.

Obama’s Budget Too Austere for Retirement Industry

By Kerry Pechter
There’s outrage and indignation over the administration’s call for a $3 million cap on lifetime accumulations in tax-favored accounts, but only a tiny number of accounts would be affected.

Pick and Roll(over)

By Kerry Pechter
Hundreds of TV ads for financial services have appeared during the 2013 NCAA men's basketball tournament so far. None was an absolute slam dunk, but all were good. Read on, watch the video clips, and judge for yourself.

VA Net Flows ‘Grim’ in 4Q 2012: Morningstar

By Kerry Pechter
“A spike in outflows from group contracts and continued large outflows from companies that have exited the business were the major components of the precipitous drop," wrote Morningstar's Frank O'Connor in his quarterly sales report.
Featured

Principal Financial Joins the DIA Club

By Editor Test
The Principal Financial Group is stepping up its individual retirement income business by introducing a new deferred income annuity and engaging annuity consultant Moshe Milevsky, vice president Jerry Patterson told RIJ.

Greetings from New Orleans

By Editor Test
At the LIMRA-LOMA-SoA Retirement Industry Conference in the 'Big Easy' this morning, Bob Kerzner sprang the news that his organizations will sponsor a new retirement designation--for home office employees, not advisors or producers.
News

American General introduces FIA with 7% roll-up

By Editor Test
The contract offers three interest-crediting strategies – a one-year fixed interest account, an annual point-to-point index interest account, and a monthly point-to-point additive index interest account.

The Phoenix Companies launches Income Elite Annuity

By Editor Test
Contract holders can choose from three different point-to-point indexed accounts and a fixed account. In lieu of stronger death benefit guarantees, the product is designed to provide a larger guaranteed income.