Talk of Breakup of Jackson National Parent Company Intensifies
Prudential plc., the parent company of Jackson National, is becoming more open to spinning off its U.K. operations, according to investors, the Financial Times writes. It remains unclear how a breakup would affect Prudential’s North American business, including Jackson National Life, if it were ever to occur.
ICI, IRI: Fiduciary Rule Already ‘Orphaning’ Accounts
The Labor Department’s fiduciary rule is already cutting into smaller accountholders’ access to investment products, underscoring the need for intervention by the Securities and Exchange Commission, according to the Investment Company Institute and Insured Retirement Institute.
Brighthouse's Stock Debut Also a Moment to Boost Biz Culture (Photos)
Brighthouse Financial's debut as a public company this week offered an opportunity for its home office to reinforce key themes of its corporate culture, including its camaraderie and inclusion. That's according to a series of photos in this article that show how the annuity provider celebrated its opening moments as an independent company that's traded on the Nasdaq under ticker symbol BHF.