News

Displaying 41746 results
LIFE INSURANCE AND ANNUITIES DEC 11, 2007
Metlife opens deferred-income annuity sale

MetLife will now distribute its retail-deferred income annuity through the carrier’s independent distribution arm.

LIFE INSURANCE AND ANNUITIES DEC 11, 2007
LIFE Foundation names new leader

The Life and Health Insurance Foundation for Education yesterday chose Marvin H. Feldman as the group’s president and CEO.

TAX DEC 11, 2007
H&R Block to post $500 million loss

The tax preparer's second quarter saw the shuttering of its troubled Option One Mortgage business.

LIFE INSURANCE AND ANNUITIES DEC 10, 2007
The Hartford reports high-flying year

The insurance firm forecast core per-diluted-share earnings in the $9.80 to $10.20 range.

INDUSTRY NEWS DEC 10, 2007
SIMFA predicts slow economic growth

The U.S. economy will grow a sluggish 2.1% in 2008 according to the SIFMA's Economic Advisory Roundtable.

INDUSTRY NEWS DEC 10, 2007
Despite returns, advisers bullish on managed futures

The performance of managed futures is languishing, but that hasn't diminished their appeal among financial advisers.

WIREHOUSES DEC 10, 2007
UBS, 2 reps hit with rare award on punitive damages

A stunning $4.6 million award against UBS Financial Services Inc. and two of its brokers late last month revealed how irate the arbitrators were with UBS.

INDUSTRY NEWS DEC 10, 2007
Bacon pays sizzling $175 million for ranch

Maybe the housing market isn't tanking after all. Hedge fund manager Louis Bacon, head of New York-based Moore Capital Management LLC, last month bought the Forbes family's Colorado ranch for what is believed to be the largest sum ever paid for a home purchase in the United States: $175 million.

INDUSTRY NEWS DEC 10, 2007
Upper crust seeks advice before donating

Very wealthy or entrepreneurial investors seek advice before they decide to donate to charity.

BROKER DEALERS DEC 10, 2007
Ameriprise unit loses top rep to First Allied

As Securities America Inc. deals with the sting of losing one of its biggest advisers, the independent broker-dealer continues to tighten its compliance practices and procedures.

INDUSTRY NEWS DEC 10, 2007
More children seen vulnerable to 'kiddie tax'

More children could be trapped by the dreaded "kiddie tax" this year.

OPINION DEC 10, 2007
Let's put a freeze on mortgage rate resets

The prospect of 2 million homeowners seeing their mortgage rates jump over the next two years as adjustable-rate mortgages reset, possibly triggering hundreds of thousands of foreclosures, has forced the government, lenders and the mortgage-servicing companies to focus on the problem.

INDUSTRY NEWS DEC 10, 2007
True wealth realized by pursuing passions

Building wealth beyond dollars for clients is more challenging and gratifying than peppering their holdings with the latest hot stock pick or designing a soundly diversified portfolio.

INDUSTRY NEWS DEC 07, 2007
Consumer optimism rebounds after drop

Consumer sentiment stabilized in November after a steep decline in October, according to the RBC CASH Index.

INDUSTRY NEWS DEC 07, 2007
Lewis bullish on Bear Stearns stake

Billionaire Joseph Lewis has raised his stake in Bear Stearns to 8.01%, according to a filing with the SEC.

INDUSTRY NEWS DEC 07, 2007
Jobs uptick reported in November

The economy added 94,000 jobs in November, according to a Department of Labor report.

REGULATION AND LEGISLATION DEC 07, 2007
AMT 'patched'; carried tax scuttled

The Senate approved a bill that would prevent 19 million middle-class taxpayers from paying the AMT this year.

LIFE INSURANCE AND ANNUITIES DEC 07, 2007
Insurers lobby for regulation options

Two organizations want insurers to have the option of being regulated federally or by the states.

INDUSTRY NEWS DEC 06, 2007
Study profiles high-net-worth donors

The Bank of America report identifies 12 donor types and how they go about giving away their money.

INDUSTRY NEWS DEC 06, 2007
Schwab cuts minimum on charitable accounts

Schwab Charitable Fund has reduced the minimum donation to open a charitable gift account from $10,000 to $5,000.