Bloomberg

Bloomberg
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RETIREMENT LIFE INSURANCE AND ANNUITIES OCT 23, 2007
NYSE Reg creates risk unit

The Risk Group will be responsible for identifying, tracking and addressing key external market and industry trading developments.

RETIREMENT TAX OCT 23, 2007
Rangel proposes corporate-tax cut

Charles Rangel, chairman of the House Ways and Means Committee, has drafted a bill that would slash corporate income tax rates, The Wall Street Journal said.

NEWS INDUSTRY NEWS OCT 22, 2007
Ladenburg scoops up Investacorp

Ladenburg Thalmann has acquired Investacorp, a B-D with close to 500 affiliated reps.

RETIREMENT LIFE INSURANCE AND ANNUITIES OCT 22, 2007
ACLI elects chairman, directors

The American Council of Life Insurers today elected Dennis R. Glass, president and CEO of Lincoln Financial Group, as its 2008 chairman.

YOUR PRACTICE FINTECH OCT 22, 2007
NPH offers 'virtual' assistants

National Planning Holdings Inc. has begun a program to hire and manage an in-house licensed and trained assistant.

NEWS INDUSTRY NEWS OCT 22, 2007
The largest managers

BS AG remained the world’s largest money manager in terms of assets under management, with $2.45 trillion, to lead the Pensions & Investments/Watson Wyatt Worldwide ranking of the world’s 500 largest money managers in 2006.

YOUR PRACTICE FINTECH OCT 22, 2007
Two new tax tools are made available to financial advisers

Two new tax efficiency tools are available to help advisers in portfolio management, specifically with the complex decision making as-sociated with their clients' stock holdings.

NEWS INDUSTRY NEWS OCT 22, 2007
Advisers rethink estate planning

With no permanent repeal of the estate tax in sight, advisers are appeasing worried clients by putting new twists on old estate-planning tools.

INVESTING MUTUAL FUNDS OCT 22, 2007
Sales of B shares continue to wane

Dwindling assets and intense regulatory scrutiny continue to take their toll on mutual fund B shares, which at the current rate of attrition are likely to become nearly extinct inside five years.

INVESTING MUTUAL FUNDS OCT 22, 2007
Fund focuses on world's fast-growing markets

It is difficult to evaluate funds and strategies that haven't yet established a track record, but the <b>Aston/Neptune International Fund (ANIIX) </b>comes to market with a certain pedigree and a legitimate strategy for investing outside the United States.