Several wirehouse firms have begun pushing their financial advisers to talk to clients in more depth about health care issues in retirement, but at least one firm, UBS Financial Services Inc., is avoiding the topic because of liability concerns.
The big hit clean energy stocks have taken this year is just an expected correction, not the end of a fad, green-investing advocates say.
West Virginia today passed legislation to prevent the settlement of stranger-oriented life insurance policies.
The Dow Jones lost more than 300 points after the insurer reported dismal quarterly results.
MBIA is bracing for more write-downs and Ambac has been given more time to justify its triple-A rating from Moody’s.
A slight January increase in personal income was overshadowed by rising inflation, according to the Commerce Department.
Investors have seized two Bear Sterns hedge funds, in hopes that they will gain a chance to meet the company in court, according to the Financial Times.
The Labor Department will soon release guidelines detailing how advisers may give direct counsel to clients about IRAs.
FMR, the parent company of Fidelity, reported a 15% increase in assets under management for 2007.
