Hartford Financial Services Group
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VA guidance is responsibility of reps: Compliance experts
As life insurers alter variable annuity contract language and implement other changes to escape from their large VA liabilities, compliance experts are stressing that suitability rules apply and representatives are ultimately responsible for the guidance that they give clients.
The Hartford's rich VA buyout a lone rider
The Hartford's generous VA buyout deal is creating a buzz in the industry. Just don't expect other carriers to follow suit.
Hartford unwraps VA buyout offer
The Hartford Financial Services Group Inc. has divulged the details of its variable annuity settlement program, which would give certain clients extra cash for dropping their contracts.
VA buyback offers raising hackles in B-D Land
Recent VA buyback offers by insurers are getting a frosty reception from B-Ds. Here's why.
So where did The Hartford go?
Major player in advice industry pulls a 180-degree turn in reorg; 'almost non-existent'
$400M sale to let Hartford retire from retirement biz
The Hartford Financial Services Group Inc. is selling its retirement plan business to Massachusetts Mutual Life Insurance Co. for $400 million as part of a restructuring it embarked on this year.
Hartford pressured to cash out VA holders
Hartford Financial Services Group Inc. chief executive Liam McGee may follow Axa SA and AEGON NV's Transamerica in offering to pay customers to exit savings products that are weighing on the company's results.
The Hartford would take its lumps in cashing out VA holders
Hartford Financial Services Group Inc. (HIG) Chief Executive Officer Liam McGee may follow Axa SA and Aegon (AGN) NV's Transamerica in offering to pay customers to exit savings products that are weighing on the company's results.McGee is under pressure from investors such as billionaire John
Surprise suitor emerging in sale of Woodbury
A surprise suitor has emerged in the sale of Woodbury, The Hartford's indie B-D
J.P. Morgan links up with FASCore in recordkeeping arrangement
J.P. Morgan Asset Management has joined up with FASCore to provide record keeping solutions for the asset manager's small-to-midsized plan clients
Hartford reports pick up in VA surrender rate
In-force VA block lapse rate jumped by nearly 50% after Hartford announced it would leave annuity biz; many contracts in the money
Forethought at forefront as RJ pulls plug on Hartford annuities
Now that The Hartford Financial Services Group Inc. has decided to sell its annuity operations to Forethought Financial Group, Raymond James is dropping Hartford annuities as one of its sales optionsScott Stolz, president of Raymond James Insurance Group, confirmed that the broker-dealer sent
Woodbury Financial could pay advisers to stay despite not having buyer
Woodbury Financial is said to be readying retention bonuses to preserve firm's value despite not having a buyer lined up
Hartford Financial CEO McGee refuses bonus after stock drop
Despite being eligible for a $1.76 million incentive for 2011, Hartford's CEO Liam McGee declined it.
Advisers, B-Ds step back from The Hartford
Broker-dealers and financial advisers are walking away from the insurance and annuity products of The Hartford Financial Services Group Inc. in the wake of the company's March 21 announcement that it will no longer sell annuities and that it will spin off its life insurance operations and Woodbury