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Cetera Financial Group (commonly referred to as Cetera) is an independent wealth hub and financial services provider comprising, among other companies, one of the largest families of independent registered investment advisers and broker-dealers in the United States.
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Variable annuities have features of both life insurance and investment products. [4] In the U.S., annuity insurance may be issued only by life insurance companies, although private annuity contracts may be arranged between willing parties although typically the intent of these is to reduce taxes. Insurance companies are regulated by the states ...
In February 2016, the company suspended sales of annuities and life insurance, putting the existing books of business into runoff. [35] [36] In June 2016, the company sold its term life insurance platform to Pacific Life. [37] In October 2016, China Oceanwide Holdings Group agreed to buy the company for $2.7 billion.
Jackson National Life Insurance Company (often referred to as simply Jackson) is a U.S. company that provides annuities for retail investors and fixed income products for institutional investors. Jackson subsidiaries and affiliates provide specialized asset management and retail brokerage services.
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Cetera married Diane Nini in 1982 and their daughter was born in 1983. [88] Their marriage seems to have been over by the time his album, World Falling Down, was released in July 1992, according to writer Melinda Newman. [120] Cetera and bandmate Robert Lamm were brothers-in-law during the time they were married to sisters Diane and Julie Nini.