The insurance firm forecast core per-diluted-share earnings in the $9.80 to $10.20 range.
Certified public accountants who serve small businesses are poised to offer 401(k) plans to their clients, said Chandra Bhansali, president of AccountantsWorld LLC, an online company that provides payroll assistance to 110,000 accountants.
The Senate approved a bill that would prevent 19 million middle-class taxpayers from paying the AMT this year.
Two organizations want insurers to have the option of being regulated federally or by the states.
Sandy Praeger was voted in as the Kansas City, Mo.-based association's new president.
Daniel Glaser, currently managing director of AIG’s European arm, will start Dec. 10, filling the position vacated in August by Brain Storms.
An insurance policy that provides an income guarantee to holders of a unified managed account at Lockwood is in registration at the Securities and Exchange Commission.
The controversial 6% tax on investment advice was repealed in a late-night session of the state legislature.
Dennis Slusarski, Mr. Blumenthal’s predecessor, will assist through the leadership transition.
More advisers are turning toward fixed-income annuities as a new asset when they create retirement plans for their baby boomer clients.
The unveiling of the revised Internal Revenue Service Form 5500 comes with both relief and trepidation.
Raymond James Financial Inc. of St. Petersburg, Fla., last month rolled out a series of research reports on variable annuity riders designed to help its reps sort through the confusing array of products.
Mr. Strangfeld, currently vice chairman of Prudential, now runs all of the company’s U.S. businesses.
Citigroup Inc. is selling a 4.9% stake to the Abu Dhabi Investment Authority, in a transaction valued at $7.5 billion.
Financial advisers lack interest in new retirement income products, with many reporting that the products are too complicated and costly, according to observers.
As early as next year, retirees may see a new hybrid investment product that blends mutual funds with insurance guarantees, possibly signifying an alliance between the two industries.
The National Conference of Insurance Legislators has announced a new slate of officers.
Kevin Grant has been chosen as senior vice president of business planning services for Jackson National Life Distributors.
Mr. Wood's retirement ends a 13-year career at the Life and Health Insurance Foundation for Education.
He joins chief executive Sy Sternberg and Ted Mathas, chief operating officer on the board.
