Bloomberg

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RETIREMENT LIFE INSURANCE AND ANNUITIES AUG 13, 2008
Alabama insurance commish to step down

Walter A. Bell, Alabama’s insurance commissioner, announced that he will step down at the end of the month.

NEWS INDUSTRY NEWS AUG 13, 2008
Ameriprise to buy H&R's advisory unit

H&R Block's more than 900 brokers and advisers will be added to Ameriprise's employee platform.

RETIREMENT TAX AUG 13, 2008
Most corporations skirt federal tax

A GAO study found that about 66% of U.S. corporations didn't pay any federal income tax.

NEWS INDUSTRY NEWS AUG 13, 2008
ING profits dive in second quarter

ING Groep recorded a 25% decline in profits as it dealt with weak financial markets and write-downs from subprime mortgages.

RETIREMENT RETIREMENT PLANNING AUG 13, 2008
Despite turbulence, workers stick with plans

The amount of money that employees paid in to their defined contribution plans in the first half of 2008 increased.

NEWS INDUSTRY NEWS AUG 13, 2008
Retail sales dip to five-month low

July retail sales dipped 0.1% after rising 0.3% in June, with the drop attributed to a 2.4% decline in the automotive industry.

NEWS INDUSTRY NEWS AUG 12, 2008
UBS takes earnings hit, separates units

The bank will separate its investment banking, global asset management and wealth management units.

NEWS RIAS AUG 12, 2008
Placemark and United create platform

Placemark Investments new United Capital relationship is its second significant deal in the RIA space.

RETIREMENT RETIREMENT PLANNING AUG 12, 2008
Strapped Americans scrimping on insurance

Many are cutting back on medical care to cope with rising costs and a worsening economy, according to NAIC.

INVESTING ALTERNATIVES AUG 12, 2008
Morningstar to rate funds of hedge funds

The firm plans to categorize and rate the 3,500 funds of hedge funds in its database.