MetLife will now distribute its retail-deferred income annuity through the carrier’s independent distribution arm.
The tax preparer's second quarter saw the shuttering of its troubled Option One Mortgage business.
Investors eyeing socially conscious funds are no longer looking merely at the social issues; they are also looking for performance — a change that has resulted in new offerings from fund firms in asset classes that have been underrepresented in this market for nearly a decade.
Shares of MBIA surged today after the bond insurer said that a private equity firm would inject up to $1 billion of fresh capital into the struggling company.
The insurance firm forecast core per-diluted-share earnings in the $9.80 to $10.20 range.
The Hennessee Hedge Fund Index fell by 1.58% in November, but remains up 11.94% year-to-date.
The U.S. economy will grow a sluggish 2.1% in 2008 according to the SIFMA's Economic Advisory Roundtable.
Despite the drop in assets, 26 new ETFs were added to the market last month, brining the total number to 612.
NorthStar Systems has rolled out a wealth management platform that includes a suite of services building on the company's many individual offerings.
Advisers thinking about treating themselves this holiday season to new office PCs running Microsoft Vista should think twice: Only a tiny fraction of an adviser's core professional software is likely to be Microsoft Vista-compatible.
