Bloomberg

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LIFE INSURANCE AND ANNUITIES DEC 19, 2007
Insurers prescribe broader health care

America’s Health Insurance Plans has unveiled a proposal to provide health insurance coverage to more people.

LIFE INSURANCE AND ANNUITIES DEC 19, 2007
VA assets grew $1.5 trillion in 4Q

That’s a 15.3% gain from the same period last year, when net assets for variable annuities were $1.3 trillion.

RETIREMENT PLANNING DEC 18, 2007
Plans to be fined on disclosure issues

Defined contribution plan administrators may be fined $1,000 a day if they fail to disclose documents to participants.

RIA NEWS DEC 18, 2007
Goldman reports 2% fourth-quarter hike

Amidst one of the worst quarters to befall Wall Street in years, Goldman Sachs reported record earnings.

ETFS DEC 18, 2007
Claymore launches China real estate ETF

The first U.S.-listed Chinese Real Estate ETF gives investors exposure to the Chinese real restate market.

RIA NEWS DEC 18, 2007
Housing starts drop 3.7% in November

Ground breakings for new U.S. homes decreased in November, while the number of issued building permits slid to its lowest levels in nearly 15 years.

LIFE INSURANCE AND ANNUITIES DEC 17, 2007
Aon spins off two units for $2.78 billion

Aon's Combined Insurance will be sold to ACE for $2.4 billion and Munich Re is buying its Sterling unit for $352 million.

MUTUAL FUNDS DEC 17, 2007
Investors yank cash from REITs

Due to negative returns, investors are pulling money out of mutual funds that invest in real estate investment trusts, but financial advisers believe that now is not the time to trim holdings.

PRACTICE MANAGEMENT DEC 17, 2007
Questar Capital executive bought 'bogus' investments

A top brokerage executive affiliated with a unit of Allianz Life Insurance Company of North America bought shares of unregistered investments created by Edward May, who was charged last month by the Securities and Exchange Commission with committing a massive $250 million fraud that victimized as many as 1,200 investors.

FINTECH DEC 17, 2007
Schwab unit to acquire Etelligent

Schwab Performance Technologies said last Thursday that it has entered into an agreement to acquire Etelligent Consulting Inc., a registered investment advisory technology consulting firm.