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MetLife’s Farrell Reassigned as Wheeler Scales Back Annuity Risk MetLife Inc. (MET) , the biggest U.S. life insurer, reassigned Michael Farrell, previously head of U.S. distribution, as the company seeks to reduce sales of equity- linked variable annuities.
Andrea Coombes' Ways and Means: New rules to bring annuities to 401(k)s, IRAs The Obama administration on Thursday proposed new rules aimed at encouraging retirement savers to tap annuities and other products that allow them to turn their savings into a guaranteed monthly income for life.
PRU Gains on Recent Acquisitions Prudential zoomed past earnings estimate led by strong growth in its Internatioanl business.
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