The Labor and Treasury departments are discussing jointly submitting a request for comment from members of the retirement income industry to determine if there needs to be regulation of the market.
Some 41% of employees said they want more professional advice to help manager their 401(k) assets, but only 35% of employers currently offer retirement planning sessions
Of those taxpayers who are getting money back, 30% said they intend to pay down debt, 28% say they will save or invest, and 26% anticipate spending their refund on food or utility bills.
Despite some mixed data over the past couple of months, our view is that the global economic recovery remains on track, both in developed and emerging economies.
An eager crowd of about 700 bidders showed up at a North Salt Lake warehouse for a most unusual auction
Rhonda Breard, 47, promoted her financial expertise in television infomercials and in $49 seminars at local community colleges. Beginning in 2004, she started encouraging clients to take money out of certain accounts and turn it over to her — supposedly for new investments.
The American Council of Life Insurers is asking policymakers to bar the securitization of life settlements.
HSA deposits are expected to top $14 billion in assets this year, up from $1 billion in 2006
Buried in the jobs creation law signed by President Barack Obama last month were a number of tax and reporting provisions that have nothing to do with employment opportunities.
The bank urges the Swiss parliament to sign a tax treaty with the U.S. -- or risk winding up on Uncle Sam's blacklist
Now that the days of generous variable annuities are behind them, some advisers are finding ways to fit the revamped, slimmed-down versions into clients' portfolios.
Brian Laubacker has joined The Hartford Financial Services Group Inc. Mr. Laubacker will serve as a regional vice president of sales in the western U.S. for The Hartford's individual life insurance division.
The Hartford Financial Services Group Inc. has begun recruiting independent insurance agents to sell fixed life insurance products while retaining their own autonomy.
I have a solution for Lee Feldman's salespeople who are worried about losing their income derived from 12(b)-1 fees (“Keeping 12(b)-1 fees discourages churning,” Feb. 1).
Bob MacDonald, the former chief executive of Allianz Life Insurance Co. of North America, has upbraided The Hartford Financial Services Group Inc. for selecting Liam McGee as its new chief executive, calling the decision “outsourcing taken to a new and more dangerous level.”
Five millions shares allotted to workers, including officers and sales force leaders
Industry group for insurance and financial advisers gives acting CEO the job on a permanent basis
While the national average cost of home health care increased last year, expenses vary from city to city.
The National Association of Insurance Commissioners plans to look into legitimacy of third-party originated annuity transactions
