Bloomberg

Bloomberg
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YOUR PRACTICE FINTECH DEC 03, 2007
Industry IT spending may outpace others'

While spending on technology in the financial-services sector won't reach double-digit growth next year, it's likely to outpace growth in spending by many other big sector groups.

INVESTING MUTUAL FUNDS DEC 03, 2007
Legg Mason stumbles

These days, Legg Mason Inc. is a bit weak in the knees.

NEWS INDUSTRY NEWS DEC 03, 2007
Garry Bridgeman named IMCA president

The Investment Management Consultants Association has named Garry Bridgeman president for 2008 and 2009.

INVESTING ETFS DEC 03, 2007
ICI is likely to prevail in its effort to end ETNs' tax break

The Investment Company Institute, the powerful mouthpiece of the mutual fund industry, is trying to torpedo the tax advantages of exchange traded notes, and industry insiders think that it has a pretty good chance of being successful.

NEWS INDUSTRY NEWS DEC 03, 2007
No noticeable rise in diversity of securities industry

The securities industry work force is not noticeably more diverse today than it was two years ago, even as the nation's largest investment firms strive to hire more women and minorities, according to a new survey.

YOUR PRACTICE FINTECH DEC 03, 2007
S&P has high hopes for MarketScope Advisor

Standard & Poor's MarketScope Advisor is a beautifully designed, intuitive online application that is meant to serve as a financial adviser's central source of real-time stock analysis, equity research, strategic asset allocation guidance and market commentary.

RETIREMENT LIFE INSURANCE AND ANNUITIES DEC 03, 2007
Fixed-income annuities gain clout among advisers

More advisers are turning toward fixed-income annuities as a new asset when they create retirement plans for their baby boomer clients.

NEWS OPINION DEC 03, 2007
PPA supports new business models

Investment advisers can thank the 2006 Pension Protection Act for giving them a new opportunity.

NEWS OPINION DEC 03, 2007
Time to Start Talking About Estate Taxes

NEWS BROKER DEALERS DEC 03, 2007
Raymond James researches VA riders

Raymond James Financial Inc. of St. Petersburg, Fla., last month rolled out a series of research reports on variable annuity riders designed to help its reps sort through the confusing array of products.