Two insurance associations want the NGA to support legislation creating an optional federal charter for insurance regulation.
Raising taxes on private equity managers probably won’t generate a whole lot of money, according to a new study.
The variable annuity has a withdrawal base that will grow at least 7% annually during its first 10 years.
As ripples from the imploding subprime-mortgage market spread across the broader home lending industry, financial advisers might have to start helping clients reposition their mortgage and home equity exposure.
Proposed IRS regulations that affect trusts and estates would carry with them a host of ills — including more trust fees for beneficiaries, additional work for financial advisers and increased client exposure to the alternative minimum tax — advisers and industry experts say.
WASHINGTON — More financial advisers will specialize in becoming fiduciary advisers who work with 401(k) plans in coming years, according to a retirement executive who worked on a white paper on the issue.
Michael S. Flanagan has been named managing director within the Aon Technology Group, which is part of Aon Risk Services.
Sen. Schumer wanted to increase the carried interest tax for a variety of partnerships that use a “two-and-20” structure.
The Senate is investigating another tax perk enjoyed by the hedge fund industry.
WASHINGTON — Estate planning lawyers are increasingly worried that Congress may not act on estate tax reform before the estate tax repeal expires at the end of 2010.
Coby Brooks, the son of the late founder and owner of the Hooters restaurant chain, is in an estate battle with his father's widow, arguing that a commonly used estate law is unconstitutional.
The SEC has settled with General American Life Insurance Company and a former executive for late trading.
Borrowers just above subprime are reporting more residential mortgage delinquencies, according to AIG.
FINRA is sweeping B-Ds looking for improper early withdrawals from client retirement accounts.
Marsh & McLennan Cos. Inc. announced that earnings per share remained unchanged at 31 cents compared to the year-ago period.
NEW YORK — Middle-aged men in wigs performing a rap song, promises of a “Leadzilla” lead - generation system, and claims of millions of dollars in annual commissions — is this any way to market annuities?
NEW YORK — Having enough income to last until age 90 and beyond is a future problem for baby boomers, but it can be solved now.
NEW YORK — Retirement is already scary for both near-retirees on a tight budget and their planners, but these clients may warrant a second look, advisers said.
CHICAGO — The role of financial advisers won’t be diminished by the new 403(b) regulations released late last month, according to industry experts.
Account balances for workers who consistently held 401(k)s from 1999 to 2006 increased at an annual rate of 8.7%.
