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Hartford Financial Services Group ( HIG Quote - Cramer on HIG - Stock Picks ) shares were losing more than 50% Thursday as the insurer's third-quarter earnings revealed that its variable annuity business has suffered tremendously and further market ...
BOSTON , Oct. 30 /PRNewswire-FirstCall/ -- John Hancock Retirement Plan Services (RPS) has increased the number of advisors able to offer services to 401(k) plans through a new distribution agreement reached with Morgan Stanley. "In this highly ...
COLUMBUS, Ohio--( BUSINESS WIRE )--Nationwide Financial Services, Inc. (NYSE: NFS), announced that The Nationwide Lifetime Income Rider ® (L.inc), an optional living benefit available with certain variable annuities, will now include a guaranteed ...
Investment losses and poor performance in variable-annuity businesses pulled down major life insurers that reported earnings Wednesday. MetLife Inc. (MET), Hartford Financial Services Group Inc. (HIG), Prudential Financial Inc. (PRU) and Ameriprise ...
The company said that the enhancement to the Nationwide Lifetime Income Rider(L.inc), available with new contracts, increases the guaranteed roll-up from 7% to 10%. This means the income benefit base - the amount on which the lifetime income payments ...
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