Executives at Genworth Financial took another step in their downsizing with the announcement of the much-anticipated sale of its wealth management unit. Who bought it? Darla Mercado has the details.
Rep.'s attacks on Obama's 'twist of terms' feature some twists of his own
S&P lowers rating on insurer to lowest investment-grade level
Carrier to suspend sale of lifetime benefits, 10-pay versions of product; changes to kick in July 29
it is understandable when people rely on simple retirement maxims to get past their insecurities and fears. Unfortunately, those adages are often a poor fit.
Fingers crossed for product enhancements, ratings upgrades.
Moody's lowers financial strength grade for Aviva Life; third reduction in three months
Hot third-quarter indexed-annuity sales help propel industry, PE-backed insurers show staying power
Say league is tossing up a brick with reliance on annuities; 'solution of last resort'
Good news – plan sponsors see big bounce in performance after adding new funds; bad news – it doesn't last.
To start scrapping savings incentives would undermine the foundation of our retirement system, risking wider damage
Long-awaited proposed regulations from the Internal Revenue Service have resolved questions about a key health care reform law provision that would impose stiff penalties on employers not offering coverage.
Higher income may render seniors ineligible for subsidized LTC benefits
Caramadre purchased bonds, VAs using identities fraudulently gleaned from the terminally ill
Ben Nelson of Nebraska to head up National Association of Insurance Commissioners
