Laura Prieskorn (left) and Marcia Wadsten are the new CEO and CFO of Jackson National Life. The leading seller of variable annuities in the US is in the process of demerging from its long-time British owner, Prudential plc.
The percentage of consumers surveyed who rated lifetime income as highly valuable fell to 63% from 71% between February and August 2020, according to a recent CANNEX-Greenwald Research survey.
Taxable-bond funds dominated, with $79 billion of inflows in January and $459 billion of inflows over the trailing 12 months, the most by far for any group, Morningstar's latest fund flows report said.
George Hassan, owner of Southwest Book Trader in Durango, Colorado, told me about his confrontation with Hunter S. Thompson, and about his bouts of CRS and CSS.
Women are skeptical of advisers: Cerulli; Equitable announces $1 billion share buyback.