Zurich Financial Services announced that it is cutting 400 jobs at its North American business insurance unit.
Guaranteed Income for Life lets clients to put some of their 401(k) assets into at least one of the firm's lifestyle funds.
Less than 20% of American workers feel confident that they will be able to afford a comfortable retirement .
The Association for Advanced Life Underwriting has created a political action committee, the organization announced.
CEO Martin Sullivan's pay package was sliced by one-third after AIG reported a 56% drop in annual profit in its 2007 net.
Life Insurance Strategies arranges premium financing of large policies for high-net-worth clients.
A 25-year veteran of the retirement and investment management industry, John Y. Kim comes to NYLIM from Prudential Retirement.
The firm announced its foray into the life settlements industry as the first insurance carrier to buy unwanted policies.
NAIC has revised its rules to keep life insurers from refusing coverage based on customers’ future travel.
Financial advisers and clients can be their own worst enemies when drafting plans for retirement income, making common — but crucial — errors that can ruin distribution plans, according to an influential academic.
The Dept. of Labor is backing 401(k) participants in an appeal of the dismissal of a class action filed against Deere & Co. and Fidelity Investments.
MetLife is bringing in its deferred income annuity as an asset allocation option in a defined contribution plan.
AIG has filed suit against ex-chief executive Maurice Greenberg and six other former directors and executives, accusing them of breaching fiduciary duty,
The firm reported that its operating earnings jumped 17% to a record level of $1.28 billion for 2007.
The bill is expected to pass the House by summer, but will not make it through the Senate, lawyer James Delaplane said.
Most advisers are clueless about important tax rules that impact individual retirement accounts, CPA Ed Slott said.
Annuities are from Principal Financial Group, Symetra Life Insurance and firms affiliated with MetLife Investors.
Aflac's directors have released a proxy statement inviting its shareholders to vote on performance-based compensation.
Even as the financial services industry scurries to provide advisers with better retirement income vehicles, advisers continue to criticize the new products.
