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RETIREMENT RETIREMENT PLANNING MAY 29, 2007
New 401(k) platform features iShares

A new 401(k) plan featuring iShares ETFs from Barclays Global Investors is now available.

RETIREMENT LIFE INSURANCE AND ANNUITIES MAY 29, 2007
NYLI promotes two in legal dept.

New York Life Insurance Co. has announced promotions in its general counsel department.

NEWS WIREHOUSES MAY 29, 2007
Bear Stearns makes London hires

The Bear Stearns Cos. Inc. today expanded its European investment banking division with a series of new appointments.

INVESTING ALTERNATIVES MAY 29, 2007
Atkins eyed as CFTC head, says report

Paul S. Atkins, a commissioner of the SEC, is in line to head up the Commodity Futures Trading Commission, the Financial Times reported.

INVESTING ETFS MAY 29, 2007
State Street to launch SPDR ETFs

State Street Global Advisors announced five new fixed-income SPDR ETFs will begin trading on the American Stock Exchange tomorrow.

NEWS WIREHOUSES MAY 29, 2007
UBS M&A chief jumps ship

Jeff Raich, co-global head of mergers and acquisitions, is the latest high-ranking investment banker to leave UBS AG.

RETIREMENT LIFE INSURANCE AND ANNUITIES MAY 29, 2007
RBS & Co. bids for ABN

A group of banks led by the Royal Bank of Scotland Group has formally launched a $95.6 billion bid for ABN Amro Holding.

NEWS REGULATION AND LEGISLATION MAY 29, 2007
Entrepreneur’s actions garner attention of life insurance industry

Philanthropist and insurance tycoon Barry Kaye is bringing unwanted attention to a university that has benefited from his largess and to the life settlement industry.

NEWS INDUSTRY NEWS MAY 29, 2007
Mortgage accelerators raise concerns

SAN FRANCISCO — A mortgage alternative is gaining traction. In recent years, such companies as CMG Financial Services Inc. and Macquarie Mortgages USA Inc. have begun offering mortgage accelerator loan products that allow borrowers to hasten their loan payoff schedule by reducing the amount of interest paid on their loans.

NEWS WIREHOUSES MAY 29, 2007
Big firms to D.C. Circuit: Give us a break, please

IRVINE, Calif. — The major sponsors of fee-based brokerage accounts claim they will need six months to a year to transition clients out of the accounts.