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Willis Group and Towers Watson to merge
The newly combined advisory and insurance company will be named Willis Towers Watson and have revenue of approximately $8.2 billion.
The world braces for a slower Chinese economy
Breakfast with Benjamin: A weakening China will show the world how much it is really hooked on the Chinese economy.
MetLife files suit to fight 'too big to fail' status
Breakfast with Benjamin: The firm files suit against the Financial Stability Oversight Council, charging them with acting as 'judge, jury and executioner.'
15 years later, Nuveen Investments gets a go-ahead on ETFs
Money manager's rebooted efforts to sell ETFs get a nod from the Securities and Exchange Commission.
State officials to flag brokers with disciplinary history selling insurance
The National Association of Insurance Commissioners to launch program to inform state insurance officials about agents in their state who have a disciplinary history with Finra.
Raymond James bolsters indexed annuities and life wholesaling with acquisition
Deal with insurance marketer Producers Choice is expected to give the broker-dealer greater control over the way annuities are wholesaled to its advisers.
The real reason the Federal Reserve isn't raising interest rates
Breakfast with Benjamin: The real reason the Fed is sitting on its hands boils down to a lousy employment market.
Broker-dealers face administrative hurdles in rollout of QLAC annuity
Confusion remains over who ensures the contract purchase meets Treasury's guidelines.
SEC slaps charges against "retirement planners" for fraudulent life settlement sales
Pair sold $4.3 million of Investments fraudulently marketed as "safe as CDs" and "federally insured," regulator says in suit.
Spring variable annuity prospectuses and updates are here
First quarter regulatory filings suggest that insurers aren't ramping up big new product releases but hybrid annuites appear to be making a comeback, with Voya charging back into the market.
The latest ranking of independent broker-dealers by rep head count
Even if recruiting at independent broker-dealers has hit a wall, the industry still features a number of firms with expanding numbers of registered reps.
As indexed universal life sales climb, be sure to mind the risks
Advisers need to bear in mind that this cousin of traditional universal life insurance requires unique precautions.
Carlyle Group misses the mark with liquid alts
Breakfast with Benjamin: The Carlyle Group is shutting down two liquid alternative mutual funds it launched last year.
MassMutual beefs up DCIO effort, extending reach into retirement plans
Insurer faces uphill battle as competition in defined contribution investment-only space is tough.
SEC goes after firm for fraud tied to life settlements
The regulator alleges Pacific West Capital Group mislead investors about risks associated with the investments