By Editor Test
The product enhancements are part of a series of investments The Hartford is making in its annuity business in recent months, the company said.
By Editor Test
Lifetime withdrawal benefit exercise rates rose with in-the-moneyness and age of contract owners, according to Milliman's survey of 18 variable annuity issuers, including 11 top-20 issuers.
By David Wray
"A big bulls-eye has been painted on the employer-sponsored defined contribution system," writes the president of the Profit Sharing Council of America.
By Editor Test
U.S. stock funds recorded their first significant outflows of the year, as the asset class lost $4.5 billion in May.
By Editor Test
“The campaign is meant to reinforce the thinking validated by academics, that income annuities are a valuable asset class for retirement portfolios," said Steve Fisher, chief marketing officer for Retirement Income Security at New York Life.
By Editor Test
In its 5-4 decision on Janus Capital Group, Inc. v. First Derivatives Traders, a lawsuit first filed in 2003, the high court held that liability for allegedly misleading statements in Janus' mutual fund prospectuses did not extend to the funds' investment advisers.
By Editorial Staff
Brief and late-breaking items from Vanguard, the MetLife Mature Marketing Institute, Lincoln Financial Group and eRollover.
