Retirement

Displaying 11703 results
RETIREMENT PLANNING JUL 31, 2007
401(k) holders see robust rise in accounts

Account balances for workers who consistently held 401(k)s from 1999 to 2006 increased at an annual rate of 8.7%.

By Bloomberg
ALTERNATIVES JUL 31, 2007
Tax change would hobble deals, say execs

Private equity executives today warned the Senate that higher taxes on carried interest would severely harm enterprises.

By Bloomberg
RETIREMENT PLANNING JUL 30, 2007
401(k) sponsors want auto features

One of the biggest changes occurring in the retirement marketplace is an increase in automatic features.

By Bloomberg
LIFE INSURANCE AND ANNUITIES JUL 27, 2007
Insurers, asset manager book 2Q gains

The Hartford generated second-quarter core earnings per share of $2.39, up 31% from the same period last year.

By Bloomberg
TAX JUL 26, 2007
Edwards would hike capital gains tax

Democratic presidential candidate John Edwards wants to raise the capital gains tax from 15% to 28%.

By Bloomberg
RETIREMENT PLANNING JUL 26, 2007
401(k) disclosure legislation introduced

A bill that would increase 401(k) disclosure should be put on hold, according to the American Benefits Council.

By Bloomberg
LIFE INSURANCE AND ANNUITIES JUL 25, 2007
National Insurance Act repitched

The first bipartisan House version of the National Insurance Act of 2007 was reintroduced today.

By Bloomberg
LIFE INSURANCE AND ANNUITIES JUL 24, 2007
NAIFA names new chief executive

The National Association of Insurance and Financial Advisors has named John J. Healy as its new chief executive.

By Bloomberg
LIFE INSURANCE AND ANNUITIES JUL 24, 2007
Insurer settles bid-rigging case for $115M

The Hartford said it has reached a $115 million settlement with three states to resolve a bid rigging and market timing case.

By Bloomberg
RETIREMENT PLANNING JUL 24, 2007
Council urges 'useful' 401(k) disclosure

The American Benefits Council supports fee disclosures related to 401(k) plans—as long as it's pertinent.

By Bloomberg
TAX JUL 23, 2007
Report: High taxes hobble U.S. business

As other countries reduce their corporate tax rates, the U.S. is becoming less competitive, according to the Treasury department.

By Bloomberg
LIFE INSURANCE AND ANNUITIES JUL 23, 2007
Suitability czar plan raises questions

Is the creation of a top-level suitability monitoring job by Allianz Life Insurance Company of North America a step forward in annuity marketing or a defensive position in response to a battery of lawsuits?

By Bloomberg
TAX JUL 23, 2007
Advisers face fines from IRS on more kinds of returns

Financial advisers who prepare various tax-related documents for their clients will likely think twice before signing off on returns that include dubious or aggressive tax positions.

By Bloomberg
RETIREMENT PLANNING JUL 23, 2007
Plan sponsors embrace default investment alternatives

CHICAGO — While the Department of Labor has yet to issue final regulations on default options for 401(k) plans, many companies are jumping ahead and incorporating a qualified default investment alternative into their retirement plans.

By Bloomberg
RETIREMENT PLANNING JUL 23, 2007
Mickey Mouse collector bucks ‘luxury’ trend

NEW YORK — Most clients’ collections are a labor of love and not a quest for investment returns, according to financial advisers with collector clients.

By Bloomberg
LIFE INSURANCE AND ANNUITIES JUL 20, 2007
Senate eyes insurer sales to seniors

The Senate opened an investigation into insurers that use suspect tactics when dealing with seniors.

By Bloomberg
RETIREMENT PLANNING JUL 20, 2007
Uniform 401(k) disclosure urged

401(k) participants should get concise annual summaries of expenses—preferably online, according to a trade group.

By Bloomberg
TAX JUL 19, 2007
IRS eyes firms' derivative use

The IRS is seeking information from Citigroup and Lehman Brothers, The Wall Street Journal said.

By Bloomberg
RETIREMENT PLANNING JUL 17, 2007
Investments as 401(k) defaults floated

The Department of Labor has proposed that investments be allowed as default options in 401(k) plans.

By Bloomberg
LIFE INSURANCE AND ANNUITIES JUL 17, 2007
Assurant execs on leave after SEC notice

Insurance provider Assurant put its CEO and CFO on administrative leave after regulators notified the two executives that they may face civil charges.

By Bloomberg