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RIA NEWS AUG 13, 2008
ING profits dive in second quarter

ING Groep recorded a 25% decline in profits as it dealt with weak financial markets and write-downs from subprime mortgages.

LIFE INSURANCE AND ANNUITIES AUG 13, 2008
Conseco to turn LTC unit into indie trust

Conseco said that it plans to transfer Conseco Senior Health Insurance, its long-term care unit, to an independent trust.

RIA NEWS AUG 13, 2008
U.S. trade gap narrows

In an unexpected move, the nation's trade imbalance in June fell to $56.8 billion, a 4.1% decline.

LIFE INSURANCE AND ANNUITIES AUG 13, 2008
Alabama insurance commish to step down

Walter A. Bell, Alabama’s insurance commissioner, announced that he will step down at the end of the month.

RIA NEWS AUG 12, 2008
UBS takes earnings hit, separates units

The bank will separate its investment banking, global asset management and wealth management units.

RIA NEWS AUG 12, 2008
Placemark and United create platform

Placemark Investments new United Capital relationship is its second significant deal in the RIA space.

RETIREMENT PLANNING AUG 12, 2008
Strapped Americans scrimping on insurance

Many are cutting back on medical care to cope with rising costs and a worsening economy, according to NAIC.

RIA NEWS AUG 12, 2008
RJ probed on auction rate securities

Raymond James' two primary broker-dealers are being scrutinized over ARS sales.

RIA NEWS AUG 12, 2008
Nuts and bolts of 529 college savings plans

A couple should consider setting up a 529 college savings plan to minimize the effect of spiraling tuition costs.

REGULATION, LEGAL & COMPLIANCE AUG 12, 2008
Finra panel awards two brokers $1.2 million

Banc of America Investment Services allegedly sullied brokers' reputations, damaged potential relationships with clients.