Veteran insurance agent Paul A. Mattus has filed suit against The Allstate Corp., claiming that the carrier muscled him out of his book of business and passed it on to a newer, younger agent
U.S. life insurers had a fairly small appetite for mergers and acquisitions last year, with much of the activity encompassed in AIG's shedding of its foreign life insurance subsidiaries
President Obama made the lives of advisers, accountants and taxpayers easier today by removing the burden of having to get permission to use trademarked tax strategies.
Gold's rally above $1,900 an ounce shows no signs of a “bubble” as central banks continue to boost money supplies that has helped spur bullion to a record, according to investor Marc Faber
Despite last week's sudden pullback in the price of gold, most financial advisers and market watchers aren't ready to abandon the precious metal just yet.
Dozens of athletes planning to participate in the Ironman U.S. Championship in New York and New Jersey got a lesson in courage from one of their own: John Hyland, managing partner of Morristown Financial Group.
Investors, money managers steamed as businesses hoard green; 'earning close to zero'
The firm's absorbing of RydexSGI vaults the company to No. 10 on the list of ETF sellers -- and positions the asset manager to challenge the big boys in what is becoming a fiercely contested industry.
U.S. stocks will stay at current levels in 2011 as companies struggle to beat analyst estimates amid slower economic growth, according to Edward Yardeni, chief investment strategist at Yardeni Research Inc.
Pacific Investment Management Co.'s Neel Kashkari said investors should buy equities because valuations, income growth and dividends show the asset class is attractive.
Todd Combs' first stock picks for conglomerate gain 14% on the year; mentor Buffett off the pace
Berkshire Hathaway acquires 5.5% stake in IBM; on the prowl for bargains
In the last quarter, the Oracle of Omaha invested a whopping $24B expanding the portfolio of Berkshire Hathaway. What's he buying? What's going on? Said one industry watcher: 'He sees something, and it's big.' <br><b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20110913&Category=FREE&ArtNo=913009999&Ref=PH>The nine stocks held by Buffett's new co-investment manager</a>
Only 37% of advisers are now bullish on the stock market, compared with 56% last January, according to a survey Schwab Advisor Services. Cash, fixed income, gold and foreign currencies are the only four asset classes in which advisers are likely to invest more.
A new Charles Schwab & Co. Inc. survey finds that married couples think retirement planning is easier for singles. The reality is far different, however.
U.S. units of Aviva, Allianz placed on review with negative implications due to parents' EU exposure
Insurer agrees to settle charges it violated the FCPA; carrier allegedly netted $11.4M from $3.6M in payments
Sun Life's decision to exit the VA and life insurance businesses in the U.S. came as a big surprise. The Canadian outfit's departure also leaves distributors hurting for choices.
