Jefferson National to Pay $150K Penalty Over Annuity Sales
By Melanie WaddellThe life insurer also will repay $14,000 to an 86-year-old consumer who purchased an annuity she didn't understand.
August 09, 2021
Biden Corporate Tax Hikes Would Hit Retirees, Small Businesses: StudyNew research by the Joint Committee on Taxation finds the hikes could disproportionately hurt U.S. workers, retirees and some 1.4 million small-business C corps.
August 09, 2021
Workers Are Saving, But Few Feel Very Confident About Retirement: StudyAlso, 16% of workers across generations believe their retirement confidence has dropped due to the pandemic, Transamerica research finds.
August 09, 2021
Brookfield Affiliate Agrees to Pay $5.1B for American NationalThe deal would make Brookfield a significant player in the U.S. life and annuity markets.
August 09, 2021
Life-LTC Combo Product Sales Dropped in 2020: LIMRAThe number of policies sold, though, held up better than the amount of premiums per policy.
August 09, 2021
Biden Extends Federal Student Loan Payment PauseThe hold on federal student loan repayments, interest and collections has been extended until Jan. 31, 2022.
August 09, 2021
LPL Testing Paraplanning, Other Advisor ProgramsThe firm is learning from innovators such as Peloton and Amazon to offer its advisors more digitally based services.
August 09, 2021
SEC Bars Ex-Pimco CEO Hodge Over College Admissions ScamThe sanction comes more than a year after the executive was sentenced to nine months in prison for his actions.