Patient investors in search of stock-market bargains might consider the shares of U.S. life insurance companies.
Private equity firms have steadily acquired U.S. life insurers and blocks of fixed annuity business and moved the blocks offshore to free up capital. This worries some people.
Micruity, a tech startup with a 30-year-old CEO, says it has the "middleware" that can integrate 401(k) plans and annuity issuers. Will the retirement industry listen?
Wells Fargo Asset Management's new target-date series of CITs comes with a built-in, optional retirement income strategy: systematic withdrawals plus an annuity starting at age 85.
Lincoln National Life has received a new patent on its GLWB process, raising concerns that it might once again seek royalties from other VA issuers.
Here are proposals in the new Obama budget that are likely to affect members of the financial, insurance or retirement planning industries.
Some Hartford investors have reportedly voiced "strong opinions" regarding profitability at the insurer and are pushing to restructure its life and property/casualty units into two separate companies.
Generational Investment Management, whose chairman is former vice president Al Gore, says in a white paper that long-term thinking is essential for the sustainability of capitalism.
The economic recovery remains “as elusive and fragile as ever,” said Towers Watson global investment committee chairman Robert Brown.
Brief or late-breaking items from DST, The Hartford, LPL Financial, RIIA, MassMutual, Consolidated Credit Counseling Services, Lincoln Financial Distributors, and Mutual of Omaha.
Real scientists scoff at the value of "anecdotal evidence." But you can learn a lot about the psychology of money at a garage sale, or when you're buying clothes.