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INDUSTRY NEWS SEP 08, 2008
A feel-good ad campaign

MassMutual Financial Group is counting on the fact that consumers worry about whether they have made the right financial choice with its new campaign, Good Decisions.

INDUSTRY NEWS SEP 08, 2008
Dividend reinvesting seen as smart in volatile market

To reinvest or not to reinvest — that's a question facing today's nervous investors as they wonder whether it's best to plow back dividend distributions or use the money elsewhere.

INDUSTRY NEWS SEP 08, 2008
Low returns spur big cuts for money managers

As leaner times sweep through the asset management industry, everything from travel expenses and catering services to payroll (read: bonuses) is on the chopping block.

INDUSTRY NEWS SEP 08, 2008
Commission-based model is fatally flawed

I read Libby Dubick's Marketing Strategies column, "Grit your teeth and make that call," in the Aug. 19 issue on reaching out to clients during this volatile time, and I couldn't agree with her more.

LIFE INSURANCE AND ANNUITIES SEP 08, 2008
More advisers selling insurance products

Advisers are selling more insurance, particularly long term care insurance, according to the InvestmentNews 2008 Insurance Product Survey, which polled 445 financial advisers.

INDUSTRY NEWS SEP 08, 2008
NexGen eager to serve middle market

As part of an effort to make their mark on the industry, many members of the Financial Planning Association's NexGen group of young advisers have targeted the underserved middle market — those with less than $500,000 in investment assets — as a niche that they want to develop in the future.

OPINION SEP 08, 2008
Can brokers be fiduciaries?

Judging by newly proposed regulations on investment advice, it looks as if the Department of Labor is trying hard to engineer a sharp turn from the course established by Congress.

INDUSTRY NEWS SEP 08, 2008
Younger workers fail to save for retirement

While Generations X and Y consider earning money a top priority, many are not self-sufficient, while others fail to include retirement considerations in their financial plans, according to a new report.

LIFE INSURANCE AND ANNUITIES SEP 08, 2008
Insurance distributors are resigned to approval of SEC's proposed rule

As the comment period ends this Wednesday on an SEC proposed rule that would regulate certain index annuities as securities, independent distributors are gearing up in anticipation of the rule's enactment.

OPINION SEP 08, 2008

INDUSTRY NEWS SEP 05, 2008
John Sykes to take reins of GunnAllen

John H. Sykes, founder and chairman emeritus of Sykes Enterprises Inc., based in Tampa, Fla., will assume the role of chairman of the board of Gunn Allen Holdings Inc.,

INDUSTRY NEWS SEP 05, 2008
Bleak unemployment news batters markets

The U.S. unemployment rate rose to 6.1% in August, marking the highest level since 2003 and the eighth consecutive month of slashed payrolls, according to the Department of Labor.

INDUSTRY NEWS SEP 05, 2008
BofA set to settle with regulators over ARS

Bank of America Corp. said yesterday that it is ready to settle with state and federal regulators over a probe into its marketing of auction rate securities.

OPINION SEP 05, 2008
Pre-retirement checklist is an essential planning tool

LIFE INSURANCE AND ANNUITIES SEP 04, 2008
Sun Life launches charitable estate planning

Sun Life Financial Inc.’s U.S. division has launched its charitable estate planning campaign to teach advisers and clients about using life insurance for charitable purposes.

INDUSTRY NEWS SEP 04, 2008
Tucker Carlson: Candidates weak on economy

Neither Sen. Barack Obama nor Sen. John McCain possesses a solid sense of the economy political commentator Tucker Carlson told attendees of the National Association of Personal Financial Advisers conference today.

INDUSTRY NEWS SEP 04, 2008
Advisers' suit against Ameriprise tossed

Ameriprise Financial Inc. has defeated a group of advisers who sought a class action alleging that, because the company recently changed its name, the power of its brand had been diminished.

LIFE INSURANCE AND ANNUITIES SEP 04, 2008
Report: AIG in talks to dump toxic assets

American International Group Inc. is reportedly in talks with JPMorgan Chase & Co. to spin off some its subprime assets into a new company, according to The New York Post.

LIFE INSURANCE AND ANNUITIES SEP 04, 2008
Fixed-annuity sales fuel overall growth

Overall individual-annuity sales grew 4% during the second quarter, buoyed by a spike in fixed-annuity sales, according to Limra International Inc.

RETIREMENT PLANNING SEP 04, 2008
Safeguarding IRAs in difficult times

Worries about bank failures and the stability of other financial institutions are all over the news lately.