A licensed producer for Banc of America Investment Services will spend 18 months in state prison after a judge convicted him of transferring $60,000 from two annuity accounts into his personal bank account.

A federal court in Connecticut has approved a partial settlement in a class-action civil suit involving the handling of 401(k) plans by Hartford Life Insurance Co.

The Greater Philadelphia Chapters of the National Association of Insurance and Financial Advisors and the Society of Financial Service Professionals will hold their annual View from the Top state of the industry program Jan. 27.