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.
With Mary Jo White at the helm, the SEC will try again at reforming money market funds. The new chairman is keeping her cards close to her chest but the industry is hopeful she'll play a good hand.
Bond king says performance has been boosted by massive expansion of federal credit
Firm sees 'simplicity' and 'transparency' in new fee structure for target group.
"Bomb shelter" mentality helped through crisis, now wealthy find best opportunities.
Adviser marketing expert Fox-Foley to focus on getting out the IBD's 'secret.'
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.
After pocketing a $1 million Make Me Rich jackpot last fall, Detroit-area lottery winner Amanda Clayton is getting a trial-by-fire lesson in the challenges of having wealth.
Choosing a lump sum instead of annuity a smart decision, says estate expert; setting up trust protects heirs.
Instant approval once paperwork is filed, fee is paid.
In an arbitration claim, a former rep at J.P. Morgan says brokers didn't get commissions on trades of nonproprietary funds, including those marketed by Pimco.
As part of <i>InvestmentNews'</i> 15th anniversary issue, we're looking back this month at people who changed the face of the advice industry. Today: An adviser who blazed the trail for women.
Combination of QE, massive debt levels and betting the economy's future growth on creating inflation a 'miserable mistake,' Michael Pento says
