By Editor Test
"Notwithstanding eight figure earnings per year during that period, CEI and Cornwell learned that their net worth, while substantial, was the equivalent of only approximately one year’s net income," according to the 2009 complaint.
By Editor Test
Overall, annuity sales were $52.6 billion in the fourth quarter, down 8% from the previous year. For the year, annuity sales dropped 8%, tallying $219.4 billion. Variable annuity sales totaled $147.4 billion in 2012, down 7% from 2011.
By Editor Test
AIG reported significantly improved profitability in the first nine months of 2012, with net income of $7.6 billion relative to a modest net loss in the prior year period. Life & Retirement’s pre-tax income rose 22% in the same period, year over year.
By Editor Test
“By instituting the referral incentive, we are hoping to debunk common myths about retirement plans and help Americans at businesses of all sizes effectively save for their retirement,” the Online 401(k) said in a release.
By Editorial Staff
Brief or late-breaking items from Nationwide, MetLife, Northwestern Mutual, and Jefferson National.
By Editor Test
"The business man is only tolerable so long as his gains can be held to bear some relation to what, roughly and in some sense, his activities have contributed to Society"--John Maynard Keynes, Essays in Persuasion, 1931.
By Editor Test
The work of well-known business feature writers like Malcolm Gladwell, Ken Auletta, John Cassidy and James Surowiecki will be featured on the site.
