Indexed Annuity Sales Continue to Soar
By Allison BellRetirement savers poured cash both into non-variable indexed annuities and variable products.
March 10, 2022
DOL Warns About Use of Crypto in 401(k)s, Releases GuidanceThe department has serious concerns about exposing plan participants to direct investment in cryptocurrencies.
March 10, 2022
9 Most Overpaid CEOs in Financial ServicesThese execs' performance doesn't justify their pay packages, according to As You Sow.
March 10, 2022
Envestnet Names a Global Data Exec: Tech RoundupAlso, iCapital is buying Stifel feeder fund platform.
March 10, 2022
Schwab Says It's Hiring in 'Nearly All Areas and Functions'At its online jobs board, the company lists about 1,000 positions it's looking to fill.
March 10, 2022
U.S. Household Net Worth Jumps to a Record on Equities, HousingThe figure grew by $5.3 trillion, or 3.7%, in the fourth quarter, pushing total U.S. net worth to more than $150 trillion.
March 10, 2022
Fidelity Trading Boom Lifts Johnson Family Wealth to $48BThe fortune of Fidelity CEO Abigail Johnson rose to $21.5 billion after the closely held firm reported that its revenue rose 15% last year.
March 10, 2022
Goldman Sachs to Exit Russia in Wall Street's First PulloutMeanwhile, Citigroup Inc. said Wednesday that it is assessing operations in the country.