Northwestern Mutual to Settle Annuities Suit for $84M
The class-action lawsuit was triggered by a change it made in 1985 in how it calculated dividends for a fixed-income annuity.
Russell Investments Chief Economist Dueker Found Dead
Mike Dueker, the chief economist at Russell Investments, was found dead at the side of a highway that leads to the Tacoma Narrows Bridge in Washington state, according to the police.
Long-Lost Insurance Policy Returns to Bite Couple
Is there any harm in walking away from a policy without receiving confirmation that the policy was canceled by the carrier?
As Politicians Spar Over Social Security, 401(k) Planners Fill Retirement Gap
America’s workers are relying more than ever on their employers to ensure they’ll have enough money to retire—and this trend toward paternalism is being embraced by mutual fund and insurance companies.