Women want to learn about preparing for retirement, but advisers who want to attract that market need to adapt their practices.
Sun Life Financial Inc.’s U.S. division in Wellesley, Mass., today introduced Retirement Blueprint, which helps advisers expand their role with their clients.
Equity index annuities could be regulated as securities if a proposal approved 3-0 today by the Securities and Exchange Commission is finalized.
Stock and bond funds had net inflows of $34.6 billion last month, up from $24.7 billion in April, according to FRC.
Home prices continued their freefall in April, with some areas reporting declines of nearly 27% year-over-year.
The employee benefits provider was fined for for failing to report special payments to an insurance broker.
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.
"Consumer confidence may be nearing a bottom,” said the director of The Conference Board.
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.
Financial advisers are looking to punish The Charles Schwab Corp. for leaving them in the lurch after its bond funds suffered when investments in mortgage-backed securities went sour.
