News | Foresters Financial

In this section, you will find an archive of our global and US news releases for the last 12 months. Click on the link to view one of the news releases.

Arthur Scutro, Jr., finalist in the Mutual Fund Industry & ETF Awards 2019

Mar 08, 2019

Arthur M. Scutro, Jr., who has served as a Trustee for the entire First Investors Funds complex since 2006 and its Chairman since January 2013, is a finalist in the “Small Board Trustee of the Year” category in the Mutual Fund Industry & ETF Awards 2019...

Mar 07, 2019

Who: Foresters Financial™, a purpose-driven financial services provider committed to doing more for families and communities, is offering assistance to its eligible members¹ affected by tornadoes in Alabama and Georgia...

Feb 05, 2019

Foresters Financial™, an international financial services provider has named Fanci Worthington as Vice President, Branch Manager of the Charlotte, NC office...

Feb 05, 2019

Foresters Financial™, a purpose-driven financial services provider has named Michael Schlegel as Vice President, Branch Manager of the Columbus, OH office...

Feb 05, 2019

Foresters Financial™, a purpose-driven financial services provider has named Harvinder Sahni as Vice President, Branch Manager of the Metro, DC office...

Feb 01, 2019

A recent survey¹ of Americans shows that a vast majority (78 percent) feel preparing financially for life’s unknowns is a way to show loved ones you care...

Dec 10, 2018

(Toronto, ON, December 10, 2018) – Foresters Financial™, a purpose-driven financial services provider, is pleased to announce an innovation that will allow our U.S. network of representatives to sell medically underwritten life insurance products faster and more efficiently...

Nov 20, 2018

NEW YORK, NY, November 20, 2018 -- Jason H. Gerb, CRCPTM, CAMSTM, Chief Compliance Officer at Foresters Financial Services, has been elected to serve as a member of the FINRA Regional Committee, District 10, New York Region...

Nov 16, 2018

Who: Foresters Financial™, a purpose-driven financial services provider committed to doing more for families and communities, is offering assistance to its eligible members¹ affected by wildfires in California...

Oct 18, 2018

Who: Foresters Financial™, a purpose-driven financial services provider committed to doing more for families and communities, is offering assistance to its members affected by Hurricane Michael in Alabama, Florida, Georgia, North Carolina, South Carolina and Virginia...

Oct 13, 2018

Lincoln, CA – The Lincoln community was revitalized today thanks to a new playground built at Creekside Oaks Elementary School. In just six hours, more than 200 volunteers from Foresters Financial™, Western Placer Unified School District and the national non-profit KaBOOM! created the new playspace...

Oct 11, 2018

(Toronto, ON, October 11, 2018) – Foresters Financial™, an international financial services provider, has maintained its A.M. Best financial strength¹ ratings...

Oct 06, 2018

Black Mountain, NC – The Black Mountain community was revitalized today thanks to a new playground built at Black Mountain Primary. In just six hours, more than 200 volunteers from Foresters Financial™, the YMCA of Western North Carolina, Buncombe County Schools and the national non-profit KaBOOM! created the new playspace...

Sep 26, 2018

Foresters Financial is excited and proud to announce we have been named as a finalist in the 2018 Money Management Institute/Barron’s Industry Awards in the ”Doing Good” category. The MMI/Barron’s Industry Awards celebrate outstanding achievement and honors firms that have raised the bar by delivering superior solutions for financial advisors and investors over the past year at their annual gala. The Awards consist of 10 specialized categories and include three to four finalists in each category. The “Doing Good” award honors programs that support a deserving cause or give back to the communities they serve.

Sep 22, 2018

Minneapolis, MN – The Minneapolis community was revitalized today thanks to a new playground built at Jenny Lind Elementary School. In just six hours, more than 200 volunteers from Foresters Financial™, Jenny Lind Elementary School and the national non-profit KaBOOM! created the new playspace...

Sep 21, 2018

Who: Foresters Financial™, an international financial services provider committed to doing more for families and communities, is offering assistance to its members affected by Hurricane Florence in Maryland, North Carolina, South Carolina and Virginia...

Sep 21, 2018

On Saturday, September 22, the Minneapolis community will be revitalized thanks to a new playground built at Jenny Lind Elementary School. Nearly 200 volunteers from Foresters, Jenny Lind and KaBOOM! will create the new playground, ultimately helping 1,300 children and their families in the local community for years to come...

Sep 08, 2018

Schenectady, NY – The Schenectady community was revitalized today thanks to a new playground built at Steinmetz Homes. In just six hours, more than 200 volunteers from Foresters Financial™, the Boys & Girls Clubs of Schenectady and the national non-profit KaBOOM! created the new playspace, which will serve more than 1,200 children and their families in the local community for years to come...

Sep 04, 2018

(New York, NY, September 4, 2018) – Foresters Financial™ believes life insurance is an essential component of people’s overall financial fitness. It protects families and can also be a useful savings and investment vehicle. But a new study shows that while 84 percent of Americans say that most people need life insurance, only 68 percent say they personally need it and only 59 percent own some form of it¹...

Aug 31, 2018

(Toronto, ON, August 31, 2018) – Foresters Financial™, an international financial services provider, is pleased to announce the 250 recipients of our 2018 Competitive Scholarships in North America...

Aug 24, 2018

(Toronto, ON, August 24, 2018) – Foresters Financial™, an international financial services provider, is pleased to announce the appointment of Alvin Sharma as our new Global Chief Financial Officer, effective September 17, 2018. He will be based in Toronto...

Aug 10, 2018

(Toronto, ON, July 30, 2018) – Foresters Financial™, an international financial services provider, is pleased to announce Ryan Fleming as our 2018 Community Involvement Award winner...

Aug 09, 2018

Jul 31, 2018

(Toronto, ON, July 31, 2018) – The Board of Directors for The Independent Order of Foresters has approved a dividend of approximately $24.3 million¹ for eligible² participating U.S. certificate holders in 2018. That is up more than 2 percent from the $23.7 million disbursed in 2017. The dividend investment rate in 2017 was 6.58 percent...

Jul 09, 2018

(Toronto, ON, July 9, 2018) – Foresters Financial™, an international financial services provider, is pleased to announce the hiring of Bill Stevens as its new Senior Vice President, Retail Sales for our Foresters Financial Services, Inc. distribution network, effective immediately...

Jun 30, 2018

Chicago, IL – The Chicago community was revitalized today thanks to a new playground built at Nixon Elementary School. In just six hours, more than 200 volunteers from Foresters Financial™, Nixon Elementary School, Hermosa Neighborhood Association, Community Organizing and Family Issues (COFI) and the national non-profit KaBOOM! created the new playspace, which will serve more than 900 children and their families in the local community for years to come...

Jun 16, 2018

Houston, TX – The Houston community was revitalized today thanks to a new playground built at Sammons Elementary School. In just six hours, more than 200 volunteers from Foresters Financial™, Sammons Elementary School and the national non-profit KaBOOM! created the new playspace, which will serve more than 1,100 children and their families in the local community for years to come...

Jun 04, 2018

(Toronto, ON, June 4, 2018) – Foresters Financial™, an international financial services provider, is pleased to announce the hiring of an international equity team to manage the First Investors Global Fund (Class A: FIISX, Advisor: FIITX and Institutional: FIIUX) for our North American Asset Management unit.

May 19, 2018

San Bernardino, CA – Today more than 200 volunteers from Foresters Financial™, the City of San Bernardino and the national non-profit KaBOOM! transformed San Bernardino’s largest park. In just six hours, Perris Hill Park received a new playspace, which will serve more than 1,200 children and their families in the local community for years to come...

May 17, 2018

(Toronto, ON, May 17, 2018) – Foresters Financial™, an international financial services company, is pleased to release its annual report to members. The magazine and digital version are called Moved to Action and include information on our grant programs, membership activities and 2017 financial results...

May 16, 2018

May 09, 2018

(Toronto, ON, May 9, 2018) – Foresters Financial™, an international financial services organization, gave back to the Waimea, HI, community during its annual convention on April 25, 2018...

May 04, 2018

(Toronto, ON, May 1, 2018) – Foresters Financial™, an international financial services provider, is pleased to announce the appointment of David Longfritz as its new Global Chief Marketing Officer, effective May 7, 2018.

Apr 24, 2018

Apr 21, 2018

Jacksonville, FL – The Jacksonville community was revitalized today thanks to a new playground built at the Winston Family YMCA. In just six hours, more than 200 volunteers from Foresters Financial™, the Winston Family YMCA and the national non-profit KaBOOM! created the new playspace, which will serve more than 6,500 children and their families in the local community for years to come...

Apr 18, 2018

(Toronto, ON, April 18, 2018) – Foresters Financial™, an international financial services provider committed to doing more for families and communities, has won an International Association of Business Communicators (IABC) 2018 Gold Quill Award of Excellence in the communication management/employee engagement category...

Apr 02, 2018

NEW YORK, NY -- Foresters Financial, an international financial services providers, announced today the launch of the First Investors Premium Income Fund (Class A: FPIKX, Advisor: FPILX and Institutional: FPIMX). The Fund is unique in the open-end mutual fund industry as it sells in-the-money call options against a portfolio of high-quality, high-conviction large-cap equities, essentially trading the potential upside of capital appreciation of a stock for current income while seeking some downside protection. Its investment objective is to generate income for its shareholders.

Mar 22, 2018

(Toronto, ON, March 22, 2018) – Foresters Financial™, an international financial services provider, teamed up with Financial Horizons Group to package and donate 150 employment kits for U.S. armed forces veterans’ group Operation Stand Down in Nashville, Tennessee.

Feb 26, 2018

(Toronto, ON, February 26, 2018) – Foresters Financial™, an international financial services provider, teamed up with FFP Insurance Services to package and donate 200 hygiene kits for women to The Shade Tree shelter in Las Vegas, Nevada...

Feb 01, 2018

(New York, NY, February 1, 2018) – According to LIMRA, an international insurance trade association, 65% of adults agree they need life insurance and 30% of U.S. households have no life insurance at all.* That’s why this February, Foresters Financial Services, Inc. would like to remind everyone to not only show their love, but to “insure their love.”

It’s nice to receive the typical Valentine’s Day gifts such as flowers, candy or dinner out. But what about something with a more lasting impact, such as the financial security you can obtain from life insurance? It is the ultimate gift of love.

Jan 15, 2018

Who: Foresters Financial™, an international financial services provider committed to doing more for families and communities, is offering assistance to its members affected by mudslides in California.

Jan 10, 2018

TORONTO--(BUSINESS WIRE)--Foresters Financial™, an international financial services provider, is pleased to announce Blake Moore as the new President of North American Asset Management, effective January 16, 2018.

Mar 11, 2019

Oct 09, 2018

Jun 28, 2018

Apr 30, 2018

Jul 29, 2016

Jul 27, 2016

Jul 27, 2016

Jul 27, 2016

Jul 21, 2016

Jul 01, 2016

Jun 17, 2016

Jun 06, 2016

Jun 06, 2016

May 16, 2016

May 16, 2016

May 16, 2016

May 12, 2016

May 12, 2016

May 12, 2016

Apr 19, 2016

Jan 13, 2016

Jan 01, 2016

Nov 24, 2015

Oct 21, 2015

Sep 30, 2015

Sep 23, 2015

Sep 22, 2015

Sep 19, 2015

Sep 21, 2015

Sep 04, 2015

Sep 03, 2015

Aug 21, 2015

Aug 08, 2015

Jul 25, 2015

Jul 19, 2015

Jul 12, 2015

Jul 03, 2015

Jul 01, 2015

Jun 23, 2015

May 03, 2015

Apr 29, 2015

Apr 18, 2015

Feb 23, 2015

Jan 30, 2015

Jan 30, 2015

Jan 28, 2015

Jan 26, 2015

Jan 03, 2015

Foresters Financial

Foresters Financial™ is an international financial services provider with over three million clients and members¹ in the United States, Canada and the United Kingdom. The Foresters Financial family of companies provides investment, life insurance, savings and retirement solutions that help families reach their financial goals, and improve their communities.

At Foresters Financial, we believe our products are just a starting point. We believe in working with communities to make our purpose a reality. That’s why we invest time and money in ways we can work together to make a difference, including neighborhood programs, charities and scholarships.

As a fraternal benefit society, The Independent Order of Foresters has a global network of more than two-million members. Members enjoy unique benefits including competitive academic scholarships, financial counseling and discounted legal services ¹.

Foresters Financial family of companies

The Foresters family of companies operates in the United States, Canada and the United Kingdom.

Foresters Financial Corporate Office
Foresters Financial
789 Don Mills Road
Toronto, ON, M3C 1T9

Foresters Financial Holding Company
Foresters Financial
40 Wall Street, 10th Floor
New York, NY, 10005

Foresters Financial UK
Foresters Financial UK
2 Cromwell Avenue
Bromley, UK, BR2 9BF

Executive leadership

James R. (Jim) Boyle, President and Chief Executive Officer
Euan Allison, Chief Executive Officer, United Kingdom
Pat Colavita, Vice President and Chief Internal Auditor
Nicole Gourley, Global Chief Membership Officer
Mehul Kapadia, Chief Information Officer, Vice-President of IT and Business Transformation
David Longfritz, Global Chief Marketing Officer
Marcia Mendes-d’Abreu, Global Chief Human Resources Officer
Blake Moore, President, North American Asset Management
Alvin Sharma, Global Chief Financial Officer
Gaurav Upadhya, Chief Actuary
René Zanin, Global Chief Legal Officer and Chief Compliance Officer

Financial strength

Foresters Financial is an international financial services provider with more than three million clients and members in Canada, the United States and the United Kingdom. We provide life insurance, savings, retirement and investment solutions that help families achieve their financial goals and make a lasting difference in their lives and communities. Foresters Financial has assets of $17.7 billion², $15.7 billion in liabilities, total funds under management of $45.1 billion and a surplus of $2.0 billion³. The Independent Order of Foresters, Foresters Life Insurance Company, and Foresters Life Insurance and Annuity Company has also each received an “A” rating from A.M. Best⁴. We continue to invest in growth and expansion, while also maximizing our positive impact on families and communities.

Products

The Foresters Financial family of companies offers:

In North America – A variety of retirement, investment and savings products and a range of life insurance products including individual term, whole life and universal life as well as annuities.⁵
In the United Kingdom - A variety of retirement, saving, investment and protection products.⁶

Competitive scholarships

Up to 250 competitive scholarships are awarded each year to eligible Foresters members or their dependent children and grandchildren in the US and Canada and 150 in the UK.¹ For more information, visit our Membership page.

Community support

Foresters Financial helps protect families and communities across North America and the U.K. through national charitable partnerships with KaBOOM!, Cash for Kids, and hundreds of local charities and community organizations chosen by our members.

International equity observations: Brexit primer

Mar 05, 2019

We think there are four main scenarios to consider relating to a potential UK departure from the EU. Regardless of which occurs, the UK has likely already suffered some permanent damage.

Newsroom

Arthur Scutro, Jr., finalist in the Mutual Fund Industry & ETF Awards 2019

Emergency Assistance to members in Alabama and Georgia

Foresters Financial announces new leadership for Charlotte, NC office

Foresters Financial announces new leadership for Columbus, OH office

Foresters Financial announces new leadership for Metro, DC office

Foresters Financial reminds Americans February is a great time to ‘Insure Your Love’

Foresters Financial improves the ease of doing business for agents selling medically underwritten insurance products

Foresters Financial is pleased to announce Jason Gerb’s election to FINRA Regional Committee

Foresters offers Emergency Assistance to members in California

Foresters offers Emergency Assistance to members in Alabama, Florida, Georgia, North Carolina, South Carolina and Virginia

Foresters Financial and KaBOOM! Partner to Increase Play Opportunities for Lincoln Kids

Foresters Financial maintains A.M. Best “A” (Excellent) ratings

Foresters Financial and KaBOOM! Partner to Increase Play Opportunities for Black Mountain Kids

Foresters Financial Named Finalist in 2018 MMI/Barron's Industry Awards

Foresters Financial and KaBOOM! Celebrate building 150 Playgrounds Together while Increasing Play Opportunities for Minneapolis Kids

Foresters offers Emergency Assistance to members in Maryland, North Carolina, South Carolina and Virginia

Celebrating 150 playgrounds

Foresters Financial and KaBOOM! Partner to Increase Play Opportunities for Schenectady Kids - Community Volunteers Build State-of-the-art Playground in Six Hours at Steinmetz Homes

New study reveals more than 40 percent of Americans don’t have any form of life insurance

Foresters Financial announces winners of 2018 Competitive Scholarships in Canada and the United States

Foresters Financial names Alvin Sharma as new Global Chief Financial Officer

Foresters Financial names Ryan Fleming as its 2018 Community Involvement Award winner

Foresters offers Emergency Assistance to members in California

Foresters Financial approves 2018 dividend for U.S. participating certificate holders

Foresters Financial announces the appointment of Bill Stevens as Senior Vice President, Retail Sales

Foresters Financial and KaBOOM! Partner to Increase Play Opportunities for Chicago Kids - Community Volunteers Build State-of-the-art Playground in Six Hours at Nixon Elementary School

Foresters Financial and KaBOOM! Partner to Increase Play Opportunities for Houston Kids - Community Volunteers Build State-of-the-art Playground in Six Hours at Sammons Elementary School

Foresters Financial strengthens management of First Investors Global Fund

A New Playground Brings Joy to San Bernardino’s Perris Hill Park - Foresters Financial and KaBOOM! Put Kids First in San Bernardino

Foresters Financial releases 2017 annual report

Foresters offers Emergency Assistance to members in Hawaii

Foresters Financial gives back to the Waimea, Hawaii community, presents Sindy Wylie with Community Involvement Award

Foresters Financial appoints David Longfritz as new Global Chief Marketing Officer

Foresters offers Emergency Assistance to members in North Carolina

Foresters Financial and KaBOOM! Partner to Increase Play Opportunities for Jacksonville Kids - Community Volunteers Build State-of-the-art Playground in Six Hours at the Winston Family YMCA

Foresters Financial wins prestigious IABC 2018 Gold Quill Award of Excellence for employee engagement

Foresters Financial launches the First Investors Premium Income Fund

Foresters Financial and Financial Horizons Group donate employment kits to Operation Stand Down in Tennessee

Foresters Financial and FFP Insurance Services donate hygiene kits to The Shade Tree shelter

Foresters Financial Reminds Americans to “Insure Their Love” This February

Foresters offers Emergency Assistance to members in California

Foresters Financial appoints Blake Moore as the new President of North American Asset Management

James Macey appears on Fox Business News Countdown to Closing Bell

How to sell what people need but don't want

Minneapolis elementary school students help design a new playground, to be built this fall with help from Foresters Financial volunteers.

Giving back while traveling: Foresters Financial holds volunteer day at WES

Everyday Heroes Dream playground

Wichita Falls Woman Strives To Make A Difference In Many Lives

Fantastical project brings smiles to sick children

Volunteer-built playground comes to life at Salvation Army site

Leadership Conference Starts With Feeding Thousands

Deciding If a Qualified Longevity Annuity Contract is Right for You

Volunteers build playground in North Hills Suddieth Park

Foresters to end sales conferences

Morning Briefing Insurers to get briefing and it is rocket science

Dell Readies Massive Bond Deal

Volunteers bring families together with new playground

Foresters Financial, KaBOOM! and volunteers bring families together with new playground at Coffey Park

Construyen parque infantil en Cockrell Hill

Iowa Red Cross Workers to Help with Canadian Wildfire Disaster

Red Cross hands out donation money to Fort McMurray residents

Foresters Financial, volunteers, KaBOOM! build City of La Habra community playground

January is a good month to review your retirement plan

La Habra Notes: City looking for proposals on how to spend federal funding

Two Canadian insurance executives appointed to LL Global board

KaBOOM! A playground gets built in 8 hours

Foresters hires former Liberty Life exec

Foresters to become Foresters Financial

Effective branding can help build loyalty

Dream playground at Pouch Camp comes to life for local families

Major insurer changing its name

Community at Ardmore Ave. School build playground

QLACs take flight but will they soar

Volunteers to come together to build YMCA playground

Volunteers help box care packages for troops

Lou Severino Named 2015 Community Involvement Award, Foresters

KCK elementary school getting playground after students pen letter to principal

Money fix benefits increase earnings limits for social security

Foresters hands out community involvement award