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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.
Finra to seek a 'significant fine' from MetLife over variable annuity sales
Regulator focuses on potential violations regarding misrepresentations, suitability, and supervision
Insurers adding optional death benefits to IOVA contracts
The optional features allow for more investor choice and seek to capitalize on strong IOVA sales.
Sen. Warren blasts annuity sales incentives
She claims agents are more interested in winning free vacations than finding the best investments for their clients.
Advisers shy away from LTC insurance dialogue: Study
Low comfort level with LTC products makes advisers recoil, but some think that's a weak argument.
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.
Fidelity throws its weight behind longevity annuities
The Boston retirement-services giant is giving its clients a new option for planning for the costs and risk of living longer by making deferred-income annuities available for retirement plans. (See also the Top 10 annuity sellers in the second quarter.)
Allianz refreshes fixed-index universal life insurance lineup
The insurance giant Allianz SE on Tuesday announced changes to its fixed-index universal life insurance lineup, offering a new underlying index and benefits to the product's fast-growing market.Two of the firms' products now will be available with a new benchmark, the Barclays U.S. Dynamic Balance
New life insurance study debunks 'buy term, invest the difference'
Standard advice leaves many Americans underinsured and unprepared for retirement.
MetLife launches first longevity annuity for individual clients' retirement accounts
Latest product comes as qualified longevity annuity contracts look for a place in retirement accounts.
Massachusetts' Galvin to investigate alternative fund sales by advisers
Sales of 25 top 'liquid alts' mutual funds will come under greater scrutiny from the state regulator.
Advisers choosing hedge-style stock-pickers face 'beta' challenge
Closet indexing, market timing are among the risks in long-short equity: analysts.
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.
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.'