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RETIREMENT LIFE INSURANCE AND ANNUITIES JUL 29, 2008
The Hartford’s VA assets fall in 2Q

The Hartford Financial Services Group's second-quarter profits fell to $543 million or $1.73 per diluted share.

NEWS INDUSTRY NEWS JUL 29, 2008
Waddell & Reed

Second-quarter net income for asset manager rose 18.5% to $35.2 million from $29.7 million in the year-ago period.

INVESTING ALTERNATIVES JUL 29, 2008
Home prices down 15.8% In May

The price of single-family homes in the country’s top 20 metropolitan markets posted the biggest year-over-year decline .

INVESTING ALTERNATIVES JUL 28, 2008
European hedge funds launches falter

There were 106 hedge fund launches in Europe in the first half of 2008, a 45% decrease from a year ago.

YOUR PRACTICE FINTECH JUL 28, 2008
Website offers quick advice for business growth

Financial advisers typically spend months working with a business consultant to develop a plan for expanding their firms, and face a bill of at least several thousand dollars.

INVESTING MUTUAL FUNDS JUL 28, 2008
Natixis moves to expand retirement business

Natixis Global Associates this week will announce an expansion of its retirement business, including the appointment of Tracey Flaherty, formerly of Bank of America Corp. and Fidelity Investments, to senior vice president of retirement strategy, a new post.

YOUR PRACTICE PRACTICE MANAGEMENT JUL 28, 2008
July Week 4: Create a holiday charity event

Break the mold and create a memorable and rewarding client appreciation event that gives back to the community.

INVESTING MUTUAL FUNDS JUL 28, 2008
DWS Investments ties future to branding

In a bid to increase its market share among retail investors in the United States, DWS Investments has pursued a branding strategy and broadened its product line.

NEWS RIAS JUL 28, 2008
Focus buys Wespac RIA

Focus Financial has acquired Wespac, an Oakland, Calif.-based RIA and benefits administrator.

RETIREMENT RETIREMENT PLANNING JUL 28, 2008
Labor Department proposal on 401(k) plans provokes debate

A Department of Labor proposal released last week seeking to provide the country's 65 million 401(k) participants with additional information about fund charges is stirring debate among different advocacy groups as to whether more data would be helpful or damaging.