Bloomberg

Bloomberg
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RIA NEWS AUG 13, 2008
Most corporations skirt federal tax

A GAO study found that about 66% of U.S. corporations didn't pay any federal income tax.

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.

RETIREMENT PLANNING AUG 13, 2008
Despite turbulence, workers stick with plans

The amount of money that employees paid in to their defined contribution plans in the first half of 2008 increased.

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 13, 2008
Retail sales dip to five-month low

July retail sales dipped 0.1% after rising 0.3% in June, with the drop attributed to a 2.4% decline in the automotive industry.

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.

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
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.

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
LPL hikes transfer and termination fees

LPL Financial will increase its outgoing account transfer fees for retail accounts and termination fees by $20.