The Hartford Sells Retirement Plans Unit to MassMutual in $400 Million Deal
The agreement marks the second of three planned business sales, says Chairman, President and CEO Liam McGee.
New Hire Roundup: Casares Joins Genworth; Stratos Adds Three
This week in new hires, Rico Casares joined Genworth Wealth Management, and Stratos Wealth Partners welcomed three advisors to two new offices.
MassMutual Introduces Pension Scorecard to Compare LDI, Traditional Portfolios
MassMutual announced that it had launched a pension funding scorecard that allowed its defined-benefit plan sponsors and advisors to compare the quarter-by-quarter performance of a liability-driven investing portfolio with a traditional 60% equity/40% fixed income portfolio.
New Hire Roundup: Dubois and Wassmann Join LPL; Jenks Goes to Putnam; Adams to EBRI
This week in new hires, Dubois and Wassmann join LPL; Stephen Jenks went to Putnam Investments; Nevin Adams joined EBRI; Donald L. McDonald became CEO at Prime Advisors; HighTower brought in Ann Rieder; and Barclays added 6 new advisors.
New Hire Roundup: Kiley to Lead Security Benefit; SNR Denton Welcomes Samlin; Edelman Recruits Bottazzi
This week in new hires, Michael Kiley was named to become CEO of Security Benefit Corp.; Scott Samlin went to SNR Denton; Edelman Financial Services recruited Joe Bottazzi from outside the industry and Reliance Trust named Robert F. Cook to head its church and nonprofit division.
Retirement Services Division Reports Record-High Sales: MassMutual
MassMutual reported Friday that sales for 2010 in the insurer's Retirement Services Division were over $5.3 billion, the "highest in the division's 60-year history."
How to Rebuild Retirement Income
The bear market has roiled many retirees' or soon-to-be-retirees' income projections, creating the dilemma of how to recover from those losses. Jerry Golden, president of...
Funding Retirement in Disability
The newest product on the market is one that allows clients to fund their retirement even though they may be disabled and not working at...
Morningstar, Inc. announced that Kunal Kapoor, has been named president of Morningstar Investment Services, Inc., the wholly owned investment management subsidiary of Morningstar. Kapoor, who...
Physician, Insure Thyself
Disability insurance is undergoing some interesting changes. According to John Ryan of Ryan Insurance Strategy Consultants in Greenwood Village, Colorado, one of those changes is...