Advisers who grapple with the complexities of retirement income will be getting more help next year from Moshe Milevsky, an associate professor of finance at York University in Toronto and executive director of the Individual Finance and Insurance Decisions Centre.
Sen. Christopher Dodd has his own reasons for pushing hard for financial services reform next year.
The mutual fund industry's Holy Grail is a fund that can provide investors with a guaranteed stream of income without tying up the client's money in an annuity.
The tough economic environment has forced many older Americans into a “recession lifestyle,” in which they're slashing spending and making other sacrifices in order to make ends meet, a new survey has found.
Morningstar Inc., a provider of investment research, said Friday it has agreed to buy Logical Information Machines Inc. for $51.5 million.
Stocks rose Friday after a report on retail sales indicated consumers are picking up their spending.
European markets followed Asian stocks higher Friday as a big improvement in China's exports pointed to rising global demand.
U.S. stock futures rose Friday, following overseas markets higher on a report that China's exports improved.
Stonegate Wealth Management LLC and Family Financial Research LLC announced yesterday that they have joined forces.
The broker recruiting wars are heating up, with wirehouses jacking up their offers to new heights to lure more representatives in 2010.
Just A few weeks after officially joining UBS AG as the head of its U.S. wealth management business, Bob McCann has snared four veterans from his former firm, Merrill Lynch & Co., to help improve UBS' financial advisory business here.
The Bank of England is holding interest rates steady at 0.5 percent and leaving its 200 billion pound ($325 billion) program to expand the money supply unchanged.
A weaker dollar and hopes for more good news on employment are lifting stock futures.
Stock indexes rose Thursday as a jump in exports offset concerns about an increase in weekly unemployment claims
ING today stepped up its multicultural outreach efforts by hiring a slate of new executives hailing from Latin America.
An amendment to legislation to be considered today by the House Rules Committee could exempt accounting firms that audit certain broker-dealers from having to register with the Public Company Accounting Oversight Board.
Insurers claimed a small victory in the indexed-annuities war, as the SEC said it will delay by two years the effective date of a proposed rule that would make the products securities.
Life insurers will be back in the black at the end of the year, reaping an estimated $16 billion in profits, according to new research from Conning Research and Consulting.
