Following a Trend, John Hancock Retreating From Annuity Business
Firm will discontinue a number of VAs, market-value-adjusted annuities and an immediate annuity, blaming 'volatile equity markets' and low interest rate environment. Kerry Pechter sees move as continuing a trend.
Welcome to AdvisorOne.com: The Soft Launch
Welcome to the soft launch of AdvisorOne.com, a new site that the editors of Investment Advisor, Research, Wealth Manager, Boomer Market Advisor and AdvisorBiz have created for advisors.