Federal Judge Allows Lawsuit Against Bank of America Over 401(k) Vesting Practice
Federal judge permits lawsuit alleging Bank of America's 401(k) forfeiture policy breaches federal vesting laws, spotlighting retirement plan compliance.
Athene Leads U.S. Annuity Market Amid Pension Deal Decline and Strategic Shift
Athene Holding sustains leadership in U.S. annuities despite a 19% sales decline and nearly vanished pension deals. Strategic focus shifts to fixed-indexed annuities and defined contribution retirement solutions amid litigation challenges.
Leading TPA Implements CalcFocus Solutions to Transform Life & Annuity Administration
A leading Third-Party Administrator adopts CalcFocus Achieve and Forecast systems to modernize policy administration, enhance digital service, and accelerate Life and Annuity product deployment.
Tropical Storm Erin Expected to Intensify into First Hurricane of Season
Tropical Storm Erin is intensifying and predicted to become the first hurricane of the season, with minimal impact expected on South Florida. Additional Atlantic waves show low development potential.
Michigan Financial Advisor Faces Trial for Insurance Fraud with Annuities
Michigan financial advisor Todd Bernstein charged with insurance fraud for submitting false annuity applications involving early annuity surrenders, under investigation by Michigan DIFS and Attorney General.
Inflation, Annuities, and Retirement Income Security Amid Changing CPI Data
Explore how changes in CPI reporting and BLS leadership impact inflation-protected retirement income strategies, focusing on annuities with fixed escalators versus CPI-based adjustments.
Jackson Financial Q2 Highlights Growth in RILA Annuities and Capital Gains
Jackson Financial reports strong Q2 growth driven by RILA annuities and improved capital allocation, signaling positive trends in the U.S. insurance market.
Jackson Financial Q2 2025 Earnings: RILA Sales Fuel Growth and Capital Strength
Jackson Financial reported strong Q2 2025 earnings with growth in Registered Index-Linked Annuity sales and improved capital management, supported by digital adviser tools and strategic asset allocation.
U.S. Advocacy Groups Urge 4th Circuit to Dismiss Speculative Pension Risk Transfer Claims
Employer advocacy groups urge the 4th Circuit to dismiss speculative ERISA claims challenging pension risk transfers, emphasizing legal compliance and impact on retirement plans.
ThinkAdvisor Provides Weekly Tax and Regulatory Updates for Financial Advisors
ThinkAdvisor delivers weekly, detailed tax rules and regulatory updates designed to assist financial advisors and wealth managers in compliance and client guidance.