Insurance

Policies with built-up cash value are popular vehicles for covering expenses in retirement

May is here -- and so are variable annuity updates. But it's a far different world for the once-highflying insurers that used to dominate the market. Since the financial crisis, historic low interest rates have forced more and more carriers to impose higher fees. Some have looked to reduce their

Tax-advantaged investing gaining traction among advisers, helps push product.

Stock trades higher after company cuts offering price; annuities biz viewed as financial drag

Penn Treaty's last financial statement filed in 2008; policyholders in limbo

PE firms, Wall Street giants taking bolder approach after acquiring carriers; 'troubling role'

But critics question whether younger workers should even be buying annuities

ING U.S., soon to be known as Voya Financial, has named a price for its upcoming initial public offering: $21 to $24 a share.

Company to change name to Voya Financial upon IPO, focus on retirement, investment, insurance.

Private-equity firm Madison Dearborn Partners LLC has agreed to buy National Financial Partners Corp. (NFP) for $1.3 billion, the companies said today.The deal, which includes debt that can be converted into stock, works out to $25.35 a share, which is below the 2003 initial-public-offering price

Envestnet Inc. has acquired Prudential Financial Inc.'s Wealth Management Solutions unit in a $30 million-plus deal aimed at the continued growth of its wealth management platform.