In March, Aviva sued six life insurance agents over Stoli policies sold to 119 members of a church in Los Angeles. Now, those agents have fired back, claiming the carrier consented to the offer of the coverage.
Arnold named CFO; currently head of strategy
Brokerage also said to informs reps it will not fill limit orders at $43 due to low volume
Adviser turns camera on middle America; two RVs, a crew, and plenty of highway
Thoughts on helping keep a lid on what college kids end up owing
Jackson National Life Insurance Co. will pay $621 million in cash for the life insurance assets of Swiss Re Group's American division
Another day, another hit for the Facebook IPO. This time, the securities regulator of Massachusetts has subpoenaed lead underwriter Morgan Stanley for its role in setting the price for the offering. | <a href=http://www.investmentnews.com/gallery/20120518/FREE/518009999/PH>10 reasons clients should avoid Facebook</a>
Pundit warns that tax increase could lead companies to buy back shares rather than boost payments to shareholders
Traditional investment strategy seen as old school; value of buy-and-hold also questioned
Jefferson National Life Insurance Co. has bolstered its roster of alternative-investment offerings
InvestmentNews' Andrew Osterland sits down with RJ's Tash Elwyn and discusses the Morgan Keegan integration and other industry issues.
In-force VA block lapse rate jumped by nearly 50% after Hartford announced it would leave annuity biz; many contracts in the money
Company not prepared to put annuities manufacturer on its platform
Regulator pegs annual cost at $155M, adviser groups put price at $610M; either way, Barney Frank hates the whole idea
Multistate settlement follows review on whether companies were holding funds that should go to beneficiaries.
Guggenheim's purchase of the Dodgers to close April 30, reportedly insurers will be tapped
Brokerage ordered to pay $3.7M for jacking up prices on tax-exempt bonds and CMOs; head trader suspended
Acquires Memphis-based brokerage for $1.18B; no retention headaches so far