A North Carolina woman today filed an arbitration claim with the Financial Industry Regulatory Authority Inc. against Deutsche Bank Securities Inc., claiming that the firm misrepresented a fund as a conservative investment for her marital trust, when it was in fact unsuitable.
Genworth Financial Inc. yesterday kicked off a $500 million public stock offering of its Class A shares.
The New York Insurance Department will hold a public hearing tomorrow on the marketing of life insurance and annuities, specifically focusing on suitability of sales to seniors.
John Hancock Retirement Plan Services today kicked off a relationship with Edward D. Jones & Co. LP, providing the firm's financial advisers with access to its retirement plan products.
Although the economy appears to be brightening, the insurance sector in North America will remain on a negative outlook, according to a report from Standard and Poor's Ratings Services.
A year after the onset of the financial crisis, advisers remain wary of insurers' financial health when recommending products, according to the <i>InvestmentNews</i> 2009 Insurance Product Survey.
Sheryl J. Moore is mad as hell at the media, and she's not going to take it anymore.
