Market gyrations, low interest rates forces company to scale back; life insurance also nixed here
Uncertainty about what Congress does in 2012 confounding clients, tax planners; 'lot of unhappy people'
Sun Life Financial Inc.'s hybrid whole-life and long-term-care product came out just last month, but the insurer is champing at the bit to build market share in a space currently dominated by just a select few.
Falling investment returns, rising costs of necessities has pre-retirees cutting back on prescriptions, skipping doctors' appointments, study finds
New Hampshire and Alaska are home to the most financially savvy residents in the United States.
Pacific West Securities is the latest indie broker-dealer to be closing up shop. The firm's 300 or so reps have a place to land, however, and will be moving to Multi-Financial Securities | <a href=http://www.investmentnews.com/apps/pbcs.dll/articleAID=/20110228/CHART02/110229947>Downed B-Ds since March 2010 &raquo;</a> <b>Buzz:</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20111202&Category=FREE&ArtNo=120209999&Ref=PH>Secrets of less successful advisers &raquo;</a>
B-D failed to supervise adequately ex-rep in Oregon who flogged the investments; some clients in their 80s
MF Global's collapse into bankruptcy last week threw yet another monkey wrench into the sale of regional brokerage firm Morgan Keegan & Co. Inc., which declines in value as time passes, industry recruiters said
Potential buyers said to have lowered bids substantially in wake of bankruptcy of Jon Corzine's B-D
Peter Schiff, CEO and strategist for Euro Pacific Capital, stopped by the <i>InvestmentNews</i> offices for a chat with Deputy Editor Evan Cooper - and Mr. Schiff offers some pointed views on regulation of brokers and advisers.
Stanley Kwan dies of heart failure; creation called 'the ultimate capitalist measure of Hong Kong'
A hefty charge ING Groep NV will take on its American variable annuity business appears to be a mixed blessing for investors hoping to snap up shares of the company's insurance unit once it makes its public debut.
Europe will muddle through its financial crisis but is unlikely to craft an enduring solution to calm volatile investment markets.
Bearish stock-picker Jeremy Grantham believes corporate margins are freakishly high. The legendary bubble-spotter believes those margins will soon revert to the mean. Meaning? 'A lot of profit disappointment is coming our way.'
MetLife Inc., the largest U.S. life insurer, kept the top spot in variable annuity sales in the third quarter by cutting rates to attract customers looking for a consistent return amid equity market declines.
Volatile equity markets and record low interest rates have led major variable annuity issuers to rein in sales, but a few insurers are drumming up business with products that reflect the “new normal”
Call it the LinkedIn Effect. Technology companies are generating big profits, but investors continue to shy away from tech stocks. In fact, the P/e ratio for the sector is at its lowest level since 1998.
