The firm announced its foray into the life settlements industry as the first insurance carrier to buy unwanted policies.
Last month, there were 791 new bond issues valued at $39 billion, according to Thompson Financial.
Where some see devastation and loss, others see opportunity.
The Charles Schwab Corp.'s largest bond fund has lost more than 80% of its assets over the past 10 months as investors have fled the mortgage-backed securities in which it invested heavily.
However, the Portland-based investment brokerage boasted a gain of 123% in total revenue.
Dow Jones Indexes of New York continues to add components to its 2008 Summer Games Index, which measures the performance of the official partners, sponsors and suppliers of the 29th Olympic Summer Games in Beijing.
NAIC has revised its rules to keep life insurers from refusing coverage based on customers’ future travel.
Last year, National Planning Corp. and its sister broker-dealers shocked the independent-contractor broker-dealer industry with its lucrative recruiting packages to independent representatives.
While most financial advisers rely on financial planning software to steer clients through retirement, many are realizing that charting a retirement path is as much art as science.
