Consolidating annuities

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It is widely reported that Newport Group, which is owned by private-equity firm Stone Point, is on the market, and there are also rumors about another, unnamed record keeper that oversees 2 million to 3 million participants being shopped.How do plan advisers stay ahead of the curve and avoid placing new business with exiting providers?Dick Darian, CEO at The Wise Rhino Group, a consulting firm, asks, "Can advisers really afford to do nothing?Putting their entire book of business out to bid may seem logical, but the risks may seem to outweigh the benefit, especially if they choose poorly." "Nothing is linear," Mr. "Everything catches up at once, leaving advisers scrambling." Here's a recent example: Does anyone remember when The Hartford hastily announced the divestiture of its DC business in 2009? Long of Sage View offers a warning for those that dawdle.But what we do is expensive and is funded in part by our sponsors.So won't you show our sponsors a little love by whitelisting investmentnews.com? Some providers, such as Voya, Empower, Principal, Lincoln and Prudential, are publicly traded or make their financials available with their retirement-division metrics listed.

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How can they identify which companies are likely to consolidate rather than be consolidated?However, if Company XYZ wants to consolidate its financial statements -- that is, it essentially "adds" the income statements, balance sheets and cash flow statements of XYZ and the four subsidiaries together -- the results give a better picture of the Company XYZ enterprise as a whole.In the example below, notice how the holding company's assets are only

How can they identify which companies are likely to consolidate rather than be consolidated?

However, if Company XYZ wants to consolidate its financial statements -- that is, it essentially "adds" the income statements, balance sheets and cash flow statements of XYZ and the four subsidiaries together -- the results give a better picture of the Company XYZ enterprise as a whole.

In the example below, notice how the holding company's assets are only $1 million, but the consolidated number shows that the entity as a whole controls $213 million in assets.

GAAP dictates when and how companies should consolidate and whether certain entities need to be consolidated.

Thus, it is important to note that entities in which a company owns only a minority interest do not often need to be consolidated.

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How can they identify which companies are likely to consolidate rather than be consolidated?However, if Company XYZ wants to consolidate its financial statements -- that is, it essentially "adds" the income statements, balance sheets and cash flow statements of XYZ and the four subsidiaries together -- the results give a better picture of the Company XYZ enterprise as a whole.In the example below, notice how the holding company's assets are only $1 million, but the consolidated number shows that the entity as a whole controls $213 million in assets.GAAP dictates when and how companies should consolidate and whether certain entities need to be consolidated.Thus, it is important to note that entities in which a company owns only a minority interest do not often need to be consolidated.

million, but the consolidated number shows that the entity as a whole controls 3 million in assets.GAAP dictates when and how companies should consolidate and whether certain entities need to be consolidated.Thus, it is important to note that entities in which a company owns only a minority interest do not often need to be consolidated.

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