A federal appeals court last week denied Security Benefit’s request for a full court review of a lawsuit claiming the insurer misrepresented how much investors stood to gain on certain fixed annuities.
A union opposed to a Brookfield Asset Management Reinsurance deal to acquire an Iowa insurer is trying an old-fashioned method to get regulators’ attention: billboard advertising.
There are plenty of good annuity products that make sense inside responsible, holistic financial plans, said David Blanchett, adjunct professor of wealth management at The American College of Financial Services.