Massachusetts Mutual Life Insurance Co . agreed to buy a distribution network from MetLife Inc., adding 4,000 financial advisers.
Prudent Investment Advisors' Scott Simon takes a closer look at the case's allegations of self-dealing.
Recent lawsuit raises questions about a company providing its own products and services to its own employees in its own qualified retirement plans.
The revenue earned by providers of stable value funds is at issue in a recent class action lawsuit.
Is it even possible for a plan sponsor to make an informed and prudent decision about putting stable value funds on their plan investment menu?
MetLife is the second major insurer to exit the brokerage business, in the sale of its adviser unit to MassMutual . Mergers may be on the rise due to the Labor Department's proposed fiduciary rule.
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MassMutual is using Facebook to address millennials’ often overwhelming student debt.
The insurer joins other firms such as Fidelity Investments and Ameriprise Financial in settling allegations over excessive 401(k) fees in their own company plans.
The deal is part of a broader deal announced Feb. 29 between the two insurers, which includes the purchase of MetLife's Premier Client Group.