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NEWS INDUSTRY NEWS NOV 18, 2008
Energy price drop deflates inflation

The producer price index fell by a record 2.8% in October, as energy prices plunged by the largest amount in 22 years, the Department of Labor reported.

NEWS INDUSTRY NEWS NOV 18, 2008
Oppenheimer & Co. charged with ARS fraud

Massachusetts Secretary of the Commonwealth William Galvin today charged Oppenheimer & Co. Inc. with fraud and unethical conduct in the sales of auction rate securities.

RETIREMENT RETIREMENT PLANNING NOV 18, 2008
Consumer-directed health plans gain traction

There are more enrollees in consumer-directed health plans this year than last, and those individuals are more likely to have higher income and enjoy better health than their traditional plan counterparts, according to a study.

RETIREMENT TAX NOV 18, 2008
Yearend tax issues

Encourage your clients to go over their itemized deductions. If they are not as high as the allowable standard deduction, they may want to consider delaying some until next year.

INVESTING ALTERNATIVES NOV 18, 2008
Bummed builders look to government for aid

Homebuilder sentiment in November sank its lowest level since January 1985, as shaken builders seek assistance from a higher power.

RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 17, 2008
Four carriers take refuge under TARP

Four more insurers have lined up to become banks in the hopes of qualifying for some money from the Treasury’s Troubled Asset Relief Program.

NEWS INDUSTRY NEWS NOV 17, 2008
Japan enters recession territory

Japan is in a recession for the first time since late 2001 as the country’s gross domestic product contracted for two consecutive quarters — the definition of a recession — Japan’s Cabinet Office announced today.

YOUR PRACTICE PRACTICE MANAGEMENT NOV 17, 2008
November Week 3: Art with a wine twist

This week, we’re going to find out how a Chicago-area adviser combines wine tasting with an art show held at a local gallery.

INVESTING EQUITIES NOV 17, 2008
Putnam shakes up lagging equity division

In a bid to boost its lagging fund performance, Putnam Investments of Boston announced today that they are merging six equity funds, moving away from team management and firing 12 portfolio managers.

NEWS INDUSTRY NEWS NOV 16, 2008
Investors scramble to find safety in 529s

Politics isn't the only place where people are opting for change.