AXA: Most sales made via third parties
Your March 5 article “Insurers said to steer reps to in-house wares” focused on claims that insurers with…
A warm FPA reception for revised CFP code
A revision of the Certified Financial Planner Code of Ethics is an improvement on the previous proposal, but…
CFP Board backtracks on fiduciary stance
In an apparent reversal, the Certified Financial Planner Board of Standards Inc. on Friday said that all certificants…
Shareholders should vote on exec pay
Shareholders, who are understandably fed up with outrageous executive-pay packages and underperforming companies, may soon get a voice.
Hedge fund industrys unease with media is all too obvious
For more proof of the hedge fund industry’s uneasy relationship with the media, consider last week’s inaugural Connecticut…
New hires
Sentinel Financial Services Co. Inc. in Montpelier, Vt., has hired Jim Cronin as president. Sentinel Asset Management Inc.,…
Deal in works on minimum wage, small-biz tax breaks
House and Senate negotiators are working toward reconciling their differing versions of legislation that increases the minimum wage to $7.25 an hour from $5.15 and extends tax breaks to small businesses.
Another AMT relief bill floated
Another bill aiming to rein in the effect of the alternative minimum tax was introduced last month. HR 1112, introduced by Rep. Thomas Reynolds, R-N.Y., would extend relief from the tax for 2007.
Social Security accounts sought
A House bill introduced last month revives past congressional efforts to create private Social Security accounts for workers.
Bill would create long-term-care accounts
A bill to create long-term-care trust accounts was introduced last month.