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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.
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.
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Life insurance policies also have a death benefit that your loved ones can access after you pass away. Frequently asked questions One of the most significant benefits of an annuity is that it ...