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Pension Funding Edged Higher in February

by Editorial Staff

Wed, Mar 10, 2010

“We continue to see significant interest in liability driven investing (LDI) from plans looking to limit their exposure to volatility,” said Peter Austin of BNY Mellon Pension Services.

Stock Losses Won’t Hurt ‘Early Boomers’

by Editorial Staff

Wed, Mar 10, 2010

Those who defer retirement to rebuild their savings may be far outnumbered by those forced to retire early by unemployment, according to National Bureau of Economic Research paper.

MetLife To Acquire ALICO for $15.5 Million

by Editorial Staff

Wed, Mar 10, 2010

When the deal goes through, AIG is expected pay about $31.5 billion to the Federal Reserve Bank of New York, cutting its debt to the New York Fed to about $45 billion.

Pacific Life Creates “Retirement Solutions Division”

by Editorial Staff

Wed, Mar 10, 2010

Among other things, the change reflects the recent transfer of Pac Life's structured settlements and retirement annuities business to the division.

Jackson Announces Record Sales, Profit in 2009

by Editorial Staff

Wed, Mar 10, 2010

A unit of Britain's Prudential plc, Jackson National Life sold $10.0 billion in variable annuities during 2009, up from $6.5 billion in 2008.