Massachusetts Mutual Life Insurance Co.
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MassMutual jumps into a hot investment-only variable annuity market
Insurance firm is debuting its first IOVA as the products are helping prop up overall VA sales.
Allianz, Pimco targeted in class-action 401(k) suit
Firms are the latest targets in another class-action lawsuit alleging breach of fiduciary duty due to excessive 401(k) fees.
MassMutual teams with Envestnet on defined-contribution managed-account service
Insurer is trying to capitalize on big growth seen among asset-allocation products in the DC market and betting managed accounts become more widely used.
MassMutual beefs up DCIO effort, extending reach into retirement plans
Insurer faces uphill battle as competition in defined contribution investment-only space is tough.
Variable annuity players join the fixed indexed annuity fray
Carriers that have been stalwarts in the variable annuity industry are trying their hand at manufacturing and selling fixed indexed annuities.
Financial firms help Japan
Financial services firms — many with operations in Japan — are opening their corporate pockets in response to the country's disasters
Gender split on target funds
Female retirement plan participants appear to display a greater inclination to place assets in target date funds than in target risk funds
Target groups see changes to rankings
Morningstar Inc. has updated its quarterly ranking of large target date fund groups, raising its rating on TIAA-CREF and MassMutual Retirement Services, while lowering its rating on Fidelity Investments
Underserved market for advisers? Women
Advisers have a real opportunity to serve the needs of clients who are saving for retirement — especially women.
Crandall promoted to CEO at MassMutual
Roger W. Crandall was named CEO of Massachusetts Mutual Life Insurance, effective Jan. 1, confirmed MassMutual spokesman Mark Cybulski.
Baker the latest to exit MassMutual’s retirement income unit
Gary F. Baker, vice president in the retirement income business division of Massachusetts Mutual Life Insurance Co., is leaving the company, marking the last of a string of departures from the retirement income group.
MassMutual sues alleged Ponzi schemer over life insurance
Massachusetts Mutual Life Insurance Co. has taken alleged Ponzi schemer Scott Rothstein to court in an attempt to rescind a $15 million life insurance policy.
MassMutual's field force hits milestone
MassMutual on Wednesday announced that its field force has grown to more than 5,000 representatives, a record level for the 158-year-old insurer.
New York Life grabs MassMutual retirement vet
New York Life Insurance Co. has hired former Massachusetts Mutual Life Insurance Co. executive Tom Johnson as its head of business development for its retirement income security products.
MassMutual lays off more employees in its Massachusetts and Connecticut offices
Massachusetts Mutual Life Insurance Co. made another round of job cuts this week in its Connecticut and Massachusetts offices, a spokesman said.