Wealth management

Swiss Reinsurance Co. completed its acquisition of General Electric Co.'s London life insurance business.

Four Deere & Co. employees have filed a class action alleging that Fidelity Investments is charging "unreasonable" fees and expenses in the Moline, Ill., farm equipment manufacturer's retirement savings plan.

Axa Equitable Life Insurance Co. introduced a tool kit for defined contribution plan sponsors.

Hartford Financial Services Group Inc. appointed John Keenan as senior vice president and director of sales and distribution for its individual life division.

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Fidelity Investments introduced a program that partners the Boston fund company's wealthy customers with independent advisers.

Lincoln National Corp. promoted Terry Mullen to president of its distribution arm.

Executives at American Century Investments say they do not think young adults worry much about investing for retirement.

Commerce Banc Insurance Services, a subsidiary of Commerce Bancorp, named Thomas Nolan, a senior vice president.

By 2011, baby boomers are expected to move roughly $2.1 trillion out of individual retirement accounts.

During Marianne Hay's years at Morgan Stanley, one of her responsibilities was managing Quilter Holdings Ltd., a U.K wealth advisory firm based in London.

Goldman Sachs Group Inc. capped the most profitable year ever for a Wall Street firm by almost doubling fourth-quarter earnings on trading, underwriting, and investments in Asia.

Hartford Financial Services Group Inc. has created a team to target clients with more than $25 million of liquid assets.

Reliance Trust Co. of Atlanta and FundQuest Inc. have teamed up to start an end-to-end set of wealth management products and services for banks and wealth managers.

Wachovia Corp.'s Evergreen Investment Co. LLC says it will reopen its small-cap value fund to investors on Jan. 1.

It is well known that banks have debated whether to offer proprietary investment products or open architecture, with many moving to the latter, but SEI Investments Co. is hoping a third option will help it get on the shelf at banks.