Starting in 2009, new rules will change the landscape of the 403(b) industry, making the plans look more like 401(k)s and increasing their attractiveness to savvy advisers in the process, industry leaders believe.
If the timing is right, there’s a compelling case for converting a traditional IRA to a Roth IRA, even though Roth conversions are a tough sell.
As managing director and head of fixed income trading, Bill Parry will oversee all fixed income traders.
Assets invested in exchange traded funds grew by $32 billion, or 5.5%, to $608 billion in November.
The RBC CASH Index, which has gauged consumer confidence since 2002, hit a new low this month.
The U.S. trade deficit grew to $63.1 billion in November 2007, an increase of 9.3% over October.
Economists polled by The Wall Street Journal put the chance of recession at 42%, up from 23% just six months ago.
This week: Version 6.0 of CNG-SAFE, Laserfiche Compliance and a partnership between InvestEdge and Evare.
Further rate cuts will be needed to "support growth and to provide adequate insurance against downside risks," he said.
The model act covers the secondary market for life insurance, including disclosures for viatical settlements brokers.