MetLife, Prudential Close $29.2B in Life and Annuity Reinsurance Deals
By Allison BellThe issuers say they'll continue to service the products involved and that the deals won't significantly affect customers.
May 25, 2023
Ex-Morgan Stanley Advisor Gets 7 Years for Fleecing ClientsShawn Edward Good took in $7.2 million from at least 13 victims thorough his decade-long Ponzi scheme.
May 25, 2023
When Spending Too Little Is the Biggest Retirement 'Risk'Going broke in retirement is obviously a bad outcome, but so is chronic underspending, CPA Mike Piper says.
May 25, 2023
Florida Adopts Reg BI-Friendly Annuity Sales Rule UpdateAdvocates fear a showdown with the SEC if more states don't step up soon to regulate fixed annuities.
May 25, 2023
Could $25B in Social Security Payments Force a Debt-Limit Deal?On June 2, millions of Americans are due to get these benefit payments, which may help end the partisan standoff over raising the federal debt limit.
May 25, 2023
New Bipartisan Bill Could Help Tax Extension FilersClients could stay on good terms with the IRS by paying 125% of what they paid the previous year.
May 24, 2023
Ritholtz Wealth Launches New Robo Wealth ManagerThe new service, Good Advice, has a minimum investment level of $15,000.
May 24, 2023
7 Things Your Clients Should Know About Social Security AgentsHere's what they can, and can't, do for your clients, according to ex-Social Security official Jason Fichtner.