Guy Carpenter and Co. is accused of conspiring with reinsurers to fix prices and eliminate competition.
More than two years after the launch of the first variable annuity based on exchange traded funds, VA providers and financial advisers are still ap-proaching the product with caution.
JPMorgan Chase analyst Kenneth B. Worthington downgraded Merrill's stock to "neutral" from ''overweight.''
PowerShares will expand its family of fixed-income exchange traded funds on Oct. 11.
Goldman Sachs's new private-equity fund has purchased a stake in a $10 billion London-based hedge fund manager.
In this newly created role, Gregg Mahalich will oversee Jackson’s wholesale efforts among regional firms.
The clearing firm's B-Ds will provide consolidated performance reporting across all accounts.
More than two years after the launch of the first variable annuity based on exchange traded funds, VA providers and financial advisers are still ap-proaching the product with caution.
Financial advisers are resisting using annuities designed for 401(k) plans which are created by insurance firms.
ING Investment Management Americas will purchase wind energy credits for its domestic operations equal to all of its electricity needs in the hopes of becoming carbon neutral by the end of the year.
