All carried-interest distributions from private-equity funds and hedge funds would be taxed as ordinary income instead of capital gains under Obama's proposed budget.
The Financial Planning Association has lowered the registration fee for one of its upcoming conferences in light of the downturn in the economy.
The World Series champion Phillies are relieving one of their pitchers, whose cash is frozen in the wake of the alleged $8 billion fraud committed by R. Allen Stanford.
Federal Reserve Chairman Ben Bernanke today backed the idea of creating an optional federal charter for insurance.
Financial advisers, already overwhelmed with frazzled clients, want more understanding from their wholesalers.
The age of long term care insurance purchasers continues to skew downward as more baby boomers buy policies.
While financial planning software has helped streamline operations, experts encourage advisers to keep the client experience in mind.
A client wants to pay off his mortgage with a retirement account distribution and is wondering about the short- and long-term financial ramifications.
When combing through new investment ideas, advisers would be wise not to ignore mutual funds and separate-account strategies at the bottom of the heap.
Hard times are on the horizon for insurers as commercial mortgage exposure haunts carriers and capital levels shrink, according to Fitch.
Insurers have begun bidding for American Life Insurance Co., the life insurance unit of American International Group Inc.
A declining percentage of Americans believe they are saving enough for retirement, according to a survey released today by the Consumer Federation of America.
While all 401(k) investors have sustained significant losses in the last year, no one has suffered more than the wealthiest 401(k) participants.
The challenge: Because of the increase in corporate layoffs, retirement plan rollovers are becoming bigger than ever.
Investors' concerns about negative market returns are likely to create a greater demand for guaranteed products such as variable annuities, but the downturn in the markets has changed the insurers' cost of managing the hedging risk of VAs.
Advisers may complain about variable annuities, but most still endorse the product.
