New York Life Insurance Company

Candriam and New York Life Investments partner to expand Candriam's offshore business

Retrieved on: 
Tuesday, June 27, 2023

NEW YORK, June 27, 2023 /PRNewswire/ -- Candriam and New York Life Investments today announced their expanded partnership to deliver offshore capabilities and solutions reaching global investors whose wealth is managed in the US.

Key Points: 
  • NEW YORK, June 27, 2023 /PRNewswire/ -- Candriam and New York Life Investments today announced their expanded partnership to deliver offshore capabilities and solutions reaching global investors whose wealth is managed in the US.
  • In some cases, Candriam will be able to offer clones of existing US mutual funds, managed by its affiliates, for the first time to these investors.
  • New York Life Investments' sales teams will use their on-the-ground relationships in the US and leverage the company's scale to support introductory conversations with US-based broker-dealers and financial firms.
  • Candriam's growth in the US offshore market will support ongoing sales efforts in Latin America, led by Candriam's sales team in Spain.

Stone Ridge Holdings Group appoints Ted Mathas, Former New York Life Chairman and CEO, as Senior Advisor

Retrieved on: 
Friday, June 23, 2023

NEW YORK, June 23, 2023 /PRNewswire/ -- Stone Ridge Holdings Group ("Stone Ridge") announced today that former New York Life Chairman and CEO Ted Mathas has joined as Senior Advisor.

Key Points: 
  • NEW YORK, June 23, 2023 /PRNewswire/ -- Stone Ridge Holdings Group ("Stone Ridge") announced today that former New York Life Chairman and CEO Ted Mathas has joined as Senior Advisor.
  • Mathas served as New York Life CEO for more than 14 years, successfully navigating the organization through both the Great Recession and Global Pandemic.
  • Over the past decade in his role as CEO of New York Life, Mathas has forged a close relationship with Stone Ridge in a variety of capacities, including as investor and board member.
  • "I'm especially excited to help develop and distribute Stone Ridge's breakthrough innovation of embedding longevity pooling inside asset management strategies.

First Trust High Income Long/Short Fund Declares its Monthly Common Share Distribution of $0.105 Per Share for July

Retrieved on: 
Tuesday, June 20, 2023

First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on July 17, 2023, to shareholders of record as of July 5, 2023.

Key Points: 
  • First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on July 17, 2023, to shareholders of record as of July 5, 2023.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.

iPipeline® Creates Dedicated Team to Enhance the Customer Experience and Help Customers Achieve Their Business Goals

Retrieved on: 
Thursday, June 15, 2023

EXTON, Pa., June 15, 2023 /PRNewswire/ -- As part of its ongoing commitment to strategically transform the life insurance and financial services industries through its innovative technology solutions, iPipeline® announces the establishment of a dedicated customer success initiative. Leading this firm-wide initiative to ensure customers realize maximum value from the company's solutions is Leonid Davelman, iPipeline's new Vice President of Customer Success.

Key Points: 
  • Leading this firm-wide initiative to ensure customers realize maximum value from the company's solutions is Leonid Davelman, iPipeline's new Vice President of Customer Success.
  • An accomplished leader, Mr. Davelman will oversee the vision and strategy for building a world-class program focused on increasing customer loyalty and long-term satisfaction.
  • As part of this initiative, the team will identify, improve, expand, and implement well-defined and proven programs and best practices.
  • These programs can be customized for each specific customer's long-term definition of success, as well as promote a company-wide culture of customer success.

SERAMOUNT ANNOUNCES THE 2023 BEST COMPANIES FOR MULTICULTURAL WOMEN

Retrieved on: 
Tuesday, June 13, 2023

Washington, DC, June 13, 2023 (GLOBE NEWSWIRE) -- Seramount, part of EAB, revealed the 2023 Best Companies for Multicultural Women today.

Key Points: 
  • Washington, DC, June 13, 2023 (GLOBE NEWSWIRE) -- Seramount, part of EAB, revealed the 2023 Best Companies for Multicultural Women today.
  • This honor recognizes the Top 80 companies that create and use best practices in hiring, retaining, and promoting multicultural women in the United States.
  • Since 2003, Seramount’s Best Companies for Multicultural Women has tracked corporations’ progress in creating cultures that encourage multicultural women to join and rise through the ranks.
  • “Corporations continue to make progress in recruiting, retaining, and promoting multicultural women,” said Subha V. Barry, President of Seramount.

RetireOne Partners With Michelle Richter-Gordon on New Research that Evaluates the Value of Wrapping Risk in Client Portfolios with a CDA

Retrieved on: 
Tuesday, June 13, 2023

Designed to help investors combat longevity risk and sequence of returns risk, CDAs provide advisors with a solution to maintain oversight on client assets as they enter retirement and begin the decumulation phase.

Key Points: 
  • Designed to help investors combat longevity risk and sequence of returns risk, CDAs provide advisors with a solution to maintain oversight on client assets as they enter retirement and begin the decumulation phase.
  • "Michelle’s research demonstrates how, even in challenging markets, wrapping a client portfolio with a CDA supports more stable retirement spending by allowing RIAs to increase client risk budgets."
  • In partnership with Midland National® Life Insurance Company (Midland National) in 2021, RetireOne launched a Contingent Deferred Annuity called Constance® .
  • The Net Economic Benefit of Wrapping Risk with a Contingent Deferred Annuity ” is a free download on RetireOne’s website.

SCHOLASTIC ART & WRITING AWARDS MARKS 100 YEARS OF CELEBRATING YOUNG ARTISTS AND WRITERS

Retrieved on: 
Friday, June 9, 2023

NEW YORK, June 9, 2023 /PRNewswire/ -- The Scholastic Art & Writing Awards, the nation's longest-running and most prestigious scholarship and recognition program for young artists and writers in grades 7-12, celebrated their 100th anniversary during the 2023 National Ceremony at Carnegie Hall. The event honored acclaimed program alumni and more than two thousand national student medalists from across the United States, U.S. territories and military bases, and Canada.

Key Points: 
  • Reese and Oates gave remarks focused on the validation the Scholastic Awards gave them and how the honor was a fortifying experience for their careers in fashion and writing, respectively.
  • In the centennial program year, the Scholastic Art & Writing Awards received more than 300,000 works of art and writing submissions from more than 100,000 students in every state in the nation, U.S. territories, and Canada.
  • The evening also included the presentation of the Alliance for Young Artists & Writers' Leadership Award to long-term partner and Centennial Sponsor New York Life.
  • Video and photos from the 2023 Scholastic Art & Writing Awards National Ceremony at Carnegie Hall can be found here: http://mediaroom.scholastic.com/artandwriting

Midland National launches “EasySolve,” providing life insurance illustrations nearly twice as fast as before

Retrieved on: 
Tuesday, June 6, 2023

Midland National® Life Insurance Company , member company of Sammons® Financial Group , announced an enhancement to its current life insurance illustration software.

Key Points: 
  • Midland National® Life Insurance Company , member company of Sammons® Financial Group , announced an enhancement to its current life insurance illustration software.
  • EasySolve produces basic illustrations in seconds to help financial professionals save time and provide quality information to their clients.
  • “EasySolve allows agents to offer their qualifying clients a quick product comparison and a streamlined process for getting life insurance protection.” says Bobby Johnson, Vice President and Chief Distribution Officer at Midland National.
  • Midland National expects to offer EasySolve for additional life insurance products in the future.

International Industry Leaders Convene at Global Insurance Symposium

Retrieved on: 
Friday, June 2, 2023

DES MOINES, Iowa, June 02, 2023 (GLOBE NEWSWIRE) -- The 2023 Global Insurance Symposium brought together industry and regulatory leaders from around the world for three days of collaboration, networking and learning in Des Moines, Iowa, – the hub of the U.S. insurance industry.

Key Points: 
  • DES MOINES, Iowa, June 02, 2023 (GLOBE NEWSWIRE) -- The 2023 Global Insurance Symposium brought together industry and regulatory leaders from around the world for three days of collaboration, networking and learning in Des Moines, Iowa, – the hub of the U.S. insurance industry.
  • With the theme of “Thriving in a Changing World,” 500 attendees participated in relevant panels, networking opportunities, breakout sessions and more, gaining valuable insight and direction.
  • “The Global Insurance Symposium offered industry expert speakers and attendees the ideal setting for collaborative efforts as we continue to strengthen the insurance industry heading into the future,” said Jay Byers, President & CEO of the Greater Des Moines Partnership.
  • “Greater Des Moines is an insurance hub, and we were grateful to showcase the innovative work happening in this industry to a global audience.”
    The 2023 Global Insurance Symposium, held in April, featured many notable panelists and featured presenters, offering education and networking opportunities to insurance, insurtech and startup representatives.

Ellevate Network, the largest community of women+ at work, selects Richelle Montoya for 2023 History Maker Award

Retrieved on: 
Friday, June 2, 2023

NEW YORK, June 2, 2023 /PRNewswire-PRWeb/ -- Ellevate Network, the largest community of women+ at work, will honor Navajo Nation Vice President Richelle Montoya with the 2023 History Maker Award at the Mobilize Women Awards & Cocktail Reception in New York City on June 6th.

Key Points: 
  • Ellevate Network, the largest community of women+ at work, will honor Navajo Nation Vice President Richelle Montoya with the 2023 History Maker Award at the Mobilize Women Awards & Cocktail Reception in New York City on June 6th.
  • NEW YORK, June 2, 2023 /PRNewswire-PRWeb/ -- Ellevate Network, the largest community of women+ at work, will honor Navajo Nation Vice President Richelle Montoya with the 2023 History Maker Award at the Mobilize Women Awards & Cocktail Reception in New York City on June 6th.
  • Vice President Richelle Montoya is the first Navajo woman to be elected to the office.
  • A former chapter president, Vice President Montoya supports local governance by advocating for more responsive Navajo Nation Executive Branch programs and community leadership.