Margarida Correia

Indexed annuities were one bright spot in the market, hitting $8.1 billion in sales, up 14% from the year-ago period.

The new Retirement Income Navigator is a three-step process designed to help investors withdraw money from retirement accounts in a more tax-efficient way.

For the week ended May 9, investors pulled an estimated $2.41 billion from U.S. stock mutual funds. Since the beginning of the year, the funds have lost more than $34 billion in outflows.

Jefferson National has beefed up its Monument Advisor variable annuity with a slew of new alternative investment options.

Michael Schanna was hired by Northern Trust’s wealth management team in Orange County, Calif., as a senior wealth strategist.

The new platform aims to help banks satisfy growing investor appetite for online trading and self-service investing capabilities.

Four credit unions in the Midwest have introduced investment programs with the help of CUSO Financial Services.

The dozen largest third-party marketing firms supporting banks and credit unions increased their revenue 9% last year, but penetration in the bank channel has stalled.

Investors pulled an estimated $6.60 billion from U.S. stock funds the week ended May 2, six times the $1.17 billion they withdrew from the funds a week earlier.

Banks and credit unions looking to increase revenue from investment programs should hire more advisors, according to PrimeVest’s latest research. But existing advisors won’t welcome such a move.

Northern Trust has named Daniel F. Lindley managing director of the Global Family & Private Investment Offices Group for Europe, the Middle East and the Asia-Pacific.

Clients interested in guaranteed lifetime income? Now you have one more option to offer, courtesy of Great-West Life & Annuity Insurance Co.

Investors delivered yet another blow to U.S. stock mutual funds, pulling an estimated $1.60 billion from the funds the week ended April 25. The outflow comes on top of the blockbuster $8.68 billion that was withdrawn from the funds a week earlier.

The bigger the bank, the bigger the increase in insurance brokerage income; the smallest banks saw declines.

Industry veteran Steven M. Short will oversee the wealth management offices in the bank’s footprint, which includes about 15 markets across six states.

More than half of mass affluent Americans (57%) plan to push back their retirement, up from 42% in January 2011.

Advisors are ramping up their retirement income planning services as waves of Baby Boomers begin to retire, according to a new survey from LIMRA.

Revenue from the sale of investment and life insurance services at banks and credit unions increased 10% in 2011, led by a significant boost in advisory services.

Four successful women advisors focus on what they could have done better and the lessons they learned from their mistakes.

Women are so dedicated to nurturing clients, they often forget to take the time to think about where they are in their careers.