Practice

The Hartford is betting that enhancements to its variable annuity suite will pull it ahead of competitors in the race to offer investors secure retirement income options.

A new report from Metropolitan Life Insurance Co. suggests that financial advisers need to educate their clients better on the importance of managing their emotions as well as their spending and investing behavior during and close to retirement just as they did-presumably-when they were saving up for their golden years.

Investors and regulators aren't the only ones wanting to know how a fund will mitigate its operational risk.

Gabriel Garcia, director at Pershing Advisor Solutions, a BNY Mellon company, spoke at the INSITE conference giving advice on how advisors can get more referrals from their existing client base.

The New England Patriots winning three Super Bowl trophies is not all about luck and talent. If businesses apply the same team principles, they too can have their share of winning seasons.

Two former Morgan Stanley Smith Barney brokers have been ordered to pay about $4.28 million plus interest to their former employer for the breach of promissory notes and other agreements.

Hedge fund advisers who have registered with the Securities and Exchange Commission by July 21 have a lot more to worry about than simply filling out Form ADV.

SS&C Technologies said it launched a self-service portal for fund services, online.

Visa Inc. said its acquisition of the South African mobile payments company Fundamo will help it serve more underbanked consumers abroad. The San Francisco payments network said it would pay about $110 million for the Cape Town company.

With regulators struggling to decide which loans to excuse from risk-retention, Federal Deposit Insurance Corp. Chairman Sheila Bair said Thursday the best option would have been to shelve the exemption altogether.