Industry News

Displaying 35348 results
NEWS LIFE INSURANCE AND ANNUITIES FEB 05, 2007
Home-invasion policy may calm client fears

NEW YORK — Recent reports of an uptick in home invasions in many parts of the United States may increase the popularity of a policy that covers medical and other costs of the invasions.

By Bloomberg
NEWS WIREHOUSES FEB 05, 2007
Wachovia to unveil deferred-comp program

IRVINE, Calif. — Wachovia Securities LLC of Richmond, Va., is expected to roll out in coming weeks a significant new incentive program.

By Bloomberg
NEWS INDUSTRY NEWS FEB 05, 2007
Demise of savings may be greatly exaggerated

NEW YORK — The negative savings rate in the United States has been a cause for concern to some economists — who contend that Americans are spending away their futures.

By Bloomberg
NEWS INDUSTRY NEWS FEB 05, 2007
Global exposure important to investors, Goldman says

NEW YORK — Exposure to global markets is playing an increasingly important role in the confidence investors have in a company and its stock, according to evaluations of 2006 fourth-quarter company reports published last month by Goldman Sachs & Co. Inc.

By Bloomberg
NEWS INDUSTRY NEWS FEB 02, 2007
Consumer sentiment sets record

Lower gas prices and a thriving labor market boosted consumer confidence to its highest level in two years, according to the monthly index of consumer sentiment that Reuters and the University of Michigan released today.

By Bloomberg
NEWS RIAS FEB 02, 2007
KPMG suffers adverse legal ruling

KPMG LLP endured another blow in its tax shelter case this week, when a federal judge in Texas ruled that tax shelters based on fake bank loans are not legitimate tax write-offs, according to the New York Times.

By Bloomberg
NEWS INDUSTRY NEWS FEB 01, 2007
Putnam Investments sold for $3.9 billion

Putnam Investments today announced that it is being acquired by Great-West Lifeco Inc., a subsidiary of Power Financial Corp. in Montreal, for $3.9 billion.

By Bloomberg
NEWS RETIREMENT PLANNING FEB 01, 2007
Up-and-coming execs

Three executives of National Planning Corp., Sean Haley, Bryan Jacobsen and Austin Moon, have received promotions.

By Bloomberg
NEWS INDUSTRY NEWS FEB 01, 2007
Home sales index records hefty gain

The Pending Home Sales Index, which measures signed sales contracts, increased 4.9% in December.

By Bloomberg
Reverse Spin: Spitzer, Donaldson turf war heats up
NEWS INDUSTRY NEWS DEC 15, 2003
Reverse Spin: Spitzer, Donaldson turf war heats up

New York Attorney General Eliot L. Spitzer isn't just getting scandal-plagued mutual fund companies to cry uncle. He is going for their wallets, too.

By Rick Miller
Opponents say stock options would be prohibitively costly
NEWS INDUSTRY NEWS DEC 15, 2003
Opponents say stock options would be prohibitively costly

A bipartisan group of senators has offered compromise legislation that would require publicly traded companies to include in expense statements stock options for their top employees.

By Sara Hansard
CFP board spreads word on standards
NEWS INDUSTRY NEWS DEC 15, 2003
CFP board spreads word on standards

Concerned that the public - and even some financial planners - are clueless about its practice standards, the Certified Financial Planner Board of Standards Inc. in Denver is on a mission to spread the word.

By Rick Miller
Tax Watch: IRS helps taxpayers recoup 'gratuity' benefits
NEWS INDUSTRY NEWS DEC 08, 2003
Tax Watch: IRS helps taxpayers recoup 'gratuity' benefits

The Internal Revenue Service is already helping taxpayers use a new tax law providing income exclusions for death benefit payments and certain home sales.

By Mark Battersby
New trend a reaction to federal rulings: Mutual funds that hedge edging into VA market
NEWS INDUSTRY NEWS DEC 08, 2003
New trend a reaction to federal rulings: Mutual funds that hedge edging into VA market

Mutual funds that use hedging strategies are finding their way into variable-annuity subaccounts - a move some expect will snowball in the coming year.

By Rick Miller
NEWS BROKER DEALERS SEP 08, 2003
Linsco makes a move to other side of ledger

By Bruce Kelly
NEWS INDUSTRY NEWS SEP 01, 2003
It's time to overhaul SEC's fine-collecting

By Investment News Team
NEWS INDUSTRY NEWS AUG 18, 2003
Profiling Top 25 401(k) managers

By Investment News Team
Brother, can you spare a decimal point?
NEWS INDUSTRY NEWS MAY 26, 2003
Brother, can you spare a decimal point?

Some of Wall Street's most powerful firms, reeling from steep drops in stock-trading profits, are urging regulators to help them make more money.

By Aaron Elstein
NEWS RIAS APR 21, 2003
Secondary offering creates adviser power bloc

By Brooke Southall
NEWS OPINION FEB 10, 2003
Five things to ask annuity providers

By Eric Henderson