The Hartford is reining in investment options for some variable annuities, leaving advisers scrambling to find their clients who have them. That's raising worries about the amount of work — and potential liability — they may face.
Early reports suggest that The Hartford's buyback terms for some of its legacy VAs are extremely generous. How generous? Some clients can cash out early at full value.
But CEO says regulators need to understand the business better.
The Financial Stability Oversight Council has classified both AIG and Prudential as 'too-big-too-fail.' That's too bad for customers. Here's why.
Not a ton of excitement but advisers intrigued by newfangled approach.
If designation holds, firms will be subject to Fed oversight, stricter control
New offering opens up access to insurance brokerages offering annuities, disability, long-term care.
Advisers need to break through the "cognitive dissonance" of clients.
Insurer has axed 2,500 reps in the past year.
Latest product features 4% withdrawal rates; can advisers do better on their own?
Sufficient funds to pay full retirement benefits through 2033, then three quarters of benefits through 2087.
Insurer's B-D group now has more than 6,000 independent reps and advisers.
Deal ends roller-coaster ride for wealth management aggregator.
The CEO of massive insurance broker and wealth management outfit NFP will be stepping down in May, according to a filing with the SEC.
