Barclays PLC plans to raise $8.9 billion through the issuance of new shares as part of an effort to shore up its balance sheet.
Sun Life Financial Inc.’s U.S. division in Wellesley, Mass., today introduced Retirement Blueprint, which helps advisers expand their role with their clients.
Women want to learn about preparing for retirement, but advisers who want to attract that market need to adapt their practices.
Equity index annuities could be regulated as securities if a proposal approved 3-0 today by the Securities and Exchange Commission is finalized.
Legislation that would save about 25 million taxpayers from paying the AMT this year was approved today by a vote of 233-189 in the House.
Stock and bond funds had net inflows of $34.6 billion last month, up from $24.7 billion in April, according to FRC.
The Federal Reserve Board held the economy’s key interest rate at 2% today in a bid to keep inflation in check.
Fidelity's IRA market share is about 13.7% as of the fourth quarter of 2007, up from 12.7%, the previous year, according to Cerulli.
U.S. economic growth will be subdued this year, but the economy will begin to pick up in 2009, according to the SIFMA Economic Advisory Roundtable.
"Consumer confidence may be nearing a bottom,” said the director of The Conference Board.
