Author Archives: Gerry Goldsholle

In the weeks preceding Election Day it was mighty quiet on the Retained Asset Account front. The politicians who quickly rushed to pile on got their names in the newspapers. That seemed to satisfy them, as none seems to have … Continue reading →

Legislation requiring full disclosure with regard to Retained Asset Accounts used to pay death benefits under the Servicemembers’ Group Life Insurance Program passed the House of Representatives yesterday by a bi-partisan 358-66 vote. The proposed “Securing America’s Veterans Insurance Needs … Continue reading →

Bloomberg is trying to keep the Retained Asset Accounts pot boiling with a September 28, 2010 article provocatively headlined “MetLife Probed as Asset Accounts Called Deceptive.” http://www.bloomberg.com/news/2010-09-28/metlife-a-focus-of-regulator-probes-as-judge-calls-asset-account-deceptive.html The article centers on dicta contained in a September 9, 2010 Order issued … Continue reading →