Bloomberg

Bloomberg
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MUTUAL FUNDS AUG 25, 2008
PIMCO boosts fees on share classes

Pacific Investment Management Co. is raising fees as of Oct. 1 on the institutional share classes of several funds.

RIA NEWS AUG 25, 2008
Paying for college without tears

FINTECH AUG 22, 2008
Networking, Monte Carlo & E.T. investing

It’s not often a really cool social networking site just for financial advisers comes along.

RIA NEWS AUG 22, 2008
Bernanke: Battered economy will revive

This is "one of the most challenging economic and policy environments in memory,” the Fed chief said today.

LIFE INSURANCE AND ANNUITIES AUG 22, 2008
Penn Treaty backs off LTC policies

Penn Treaty American’s reinsurer has withdrawn its agreement to back long term care policies written by two subsidiaries.

LIFE INSURANCE AND ANNUITIES AUG 22, 2008
NAVA names president and CEO

Catherine J. Weatherford replaces Mark Mackey, who in January announced that he would step down from the post.

RETIREMENT PLANNING AUG 22, 2008
Labor publishes rules for retirement accounts

Two proposed rules are designed to enhance access to financial advisers by DC participants and IRA holders.

LIFE INSURANCE AND ANNUITIES AUG 22, 2008
Aon to buy reinsurance broker for $1.75B

Aon Corp., the world’s largest insurance broker, will acquire Benfield Group for $1.75 billion.

OPINION AUG 22, 2008
A 1035 annuity exchange may look good, but only on paper

LIFE INSURANCE AND ANNUITIES AUG 21, 2008
Marsh & McLennan appoints new CFO

The New York-based firm has chosen Vanessa A. Wittman as its new finance chief and executive vice president.