investment management

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  Low interest rates wallop retirees

  By Melanie Waddell  |  May 15, 2013

  A low-interest-rate environment “has an extremely large impact on failure rates,” says EBRI researcher.

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  Prudential, Jefferson National expand VA investment lineups

  By Maria Wood  |  April 29, 2013

  Insurers aim to tamp down risk, while still offering investors more fund options.

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  Prudential selling wealth unit to Envestnet

  By AP Staff Writer  |  April 15, 2013

  The company said it’s buying the division, Wealth Management Solutions, to help it expand its business with banks.

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  Wirehouses, B-Ds generating net flows from fee accounts

  By Warren S. Hersch  |  April 12, 2013

  The report reveals that packaged fee-account programs have gathered $1.9 trillion, up 2,000% since 1992 and 20% since 2006. Wirehouses have consistently held over two-thirds of the packaged fee-accounts market, but have decreased 12% since 2005 to 56%.

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  Ireland sells Irish Life to Canada's Lifeco

  By Shawn Pogatchnik  |  February 19, 2013

  Ireland agreed Tuesday to sell the country's largest insurance company, Irish Life, to Great-West Lifeco of Canada.

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  Prudential Financial posts loss in fourth quarter

  By Warren S. Hersch  |  February 12, 2013

  For 2012, Prudential’s net income was $412 million, down from $3.4 billion in 2011.

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  Household investable assets top $28 trillion

  By Warren S. Hersch  |  January 4, 2013

  A new report shows consumer households control almost three-quarters of investable assets, two-thirds of that invested via financial advisors.

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  Neace Lukens names new Southern region leader

  By Noah Guillaume  |  October 26, 2012

  Todd Stocksdale will oversee the growth and expansion of the firm’s Indiana, Kentucky, Tennessee and South Carolina offices.

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  Communicating retirement plan value to participants in the wake of fee disclosure

  By Abbie Pancoast, Bob Melia  |  September 27, 2012

  As a result of the new disclosure requirements, participants will see the additional information about their retirement plan fees in numerous places, including annual disclosures of plan features/services and fees that may be charged, comparative charts of plan investments, a glossary of terms, websites and quarterly fee information on participant...

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  DOL Safe Harbor Clarification for Lifetime Guarantees Sought by NAIC, Life Insurers

  By Elizabeth Festa  |  September 7, 2012

  Prudential and other life insurers are joining the NAIC in requesting that annuity products, especially those that provide guaranteed lifetime income, are given safe harbor under ERISA's fiduciary rules.