Industry News

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Wilbur Ross, other billionaires on board with this hot investment
NEWS INDUSTRY NEWS MAR 14, 2012
Wilbur Ross, other billionaires on board with this hot investment

Suddenly, buying oil tankers is all the rage among super-wealthy; 'the smart money'

By John Goff
NEWS RIAS MAR 14, 2012
Low rates pressure financial adviser income

By Darla Mercado
NEWS RETIREMENT PLANNING MAR 14, 2012
Goldman snaps up fixed-income shop

By Bloomberg
Fed's low interest rates could lower interest in annuities
NEWS LIFE INSURANCE AND ANNUITIES MAR 14, 2012
Fed's low interest rates could lower interest in annuities

Extension of cheap money policy seen boosting annuity costs, reducing benefits and commissions

By Bloomberg
NEWS EQUITIES MAR 14, 2012
Goldman: BRICs are hitting the wall

By Bloomberg
VA sales reach record levels, but have they topped out?
NEWS LIFE INSURANCE AND ANNUITIES MAR 14, 2012
VA sales reach record levels, but have they topped out?

In the third-quarter, variable annuity sales surged, thanks in large part to MetLife Inc. But the jury is out on how the major insurers' decision to pare back offerings might affect overall VA sales.

By Darla Mercado
NEWS INDUSTRY NEWS MAR 13, 2012
Jeffrey Saut: Is this a new secular bull market?

By Jeffrey D. Saut
Mix masters? Advisers getting better at optimizing client rosters
NEWS RIAS MAR 13, 2012
Mix masters? Advisers getting better at optimizing client rosters

AUM down in 2011, but production up; 'focusing more on their larger accounts'

By Andrew Osterland
Lawyer who spotted broker fraud rewarded with SEC ordeal
NEWS REGULATION AND LEGISLATION MAR 13, 2012
Lawyer who spotted broker fraud rewarded with SEC ordeal

Lawyer who spotted broker fraud rewarded with five-year probe by regulators who said he failed as a supervisor

By Doug Cubberley
NEWS RETIREMENT PLANNING MAR 13, 2012
Mary Beth Franklin: Gray-haired glut

Employers are worried. They had expected that many of their retirement-age employees would have retired by now, but those graying boomers aren't budging.

By Mark Bruno
Advisers write, FSI gripes, IRA provision spiked
NEWS RETIREMENT PLANNING MAR 13, 2012
Advisers write, FSI gripes, IRA provision spiked

Sen. Harry Reid strips controversial plan contained in highway bill; 2,000 letters sent

By Liz Skinner
NEWS RETIREMENT PLANNING MAR 13, 2012
Try out the new longevity insurance calculator

In case you missed <a href=http://www.investmentnews.com/article/20120212/REG/302129979>my last column</a> in the print edition of InvestmentNews on February 13, 2012, I wrote about one of the latest buzz words in retirement income planning: longevity insurance.

By Mary Beth Franklin
NEWS INDUSTRY NEWS MAR 13, 2012
John Hussman: The risk of a 'blindside recession'

Over the past few weeks, investors used to setting their economic expectations based on a &quot;stream of anecdotes&quot; approach have seen their economic views evolve.

By Bloomberg
NEWS INDUSTRY NEWS MAR 13, 2012
Ameriprise eyes recruiting boost from 'wirehouse fatigue'

Despite a tumultuous year, Ameriprise shifted into 'aggressive growth mode' with a 40% hike in recruiting.

By Andrew Osterland
Putnam CEO calls for new regulator to oversee lifetime-income products
NEWS LIFE INSURANCE AND ANNUITIES MAR 13, 2012
Putnam CEO calls for new regulator to oversee lifetime-income products

Putnam Investments ceo Bob Reynolds today called for the establishment of a regulatory body to approve lifetime-income products.

By Darla Mercado
NEWS LIFE INSURANCE AND ANNUITIES MAR 13, 2012
Oklahoma State U., T. Boone Pickens tangle with Lincoln National

Oklahoma State University's athletic fund and Lincoln National Life Insurance Co. are embroiled in a legal flap over a failed charitable-insurance-funding plan.

By Darla Mercado
NEWS INDUSTRY NEWS MAR 13, 2012
More colleges are looking to life insurance for donations

WASHINGTON &#8212; Those involved in setting up insurance policies to benefit charities say that their plans differ from the controversial &#8220;investor owned&#8221; life insurance pitched by Barry Kaye.

By Bloomberg
All's not well for execs who sold First Allied
NEWS BROKER DEALERS MAR 12, 2012
All's not well for execs who sold First Allied

Chairman and CEO of Advanced Equities told they're under investigation by the SEC; sold B-D last year

By Lynne Marek
NEWS WIREHOUSES MAR 12, 2012
Lawyer sees pickup in breakaway business

By Lavonne Kuykendall
Girl's best friend now available in an ETF
NEWS INDUSTRY NEWS MAR 12, 2012
Girl's best friend now available in an ETF

IndexIQ plans to release the industry's first physically backed diamond exchange-traded fund; pricing could be tricky

By Jason Kephart