Brokerage firm advisers are offering investors fewer mutual funds because the compliance burden of putting clients into new funds are too onerous, according to a report by Westwood, Mass.-based Hobson & Co.
John Hancock Annuities is making a run for old and young retirees with a new annuity rider.
When the Federal Reserve Board cut the discount and federal funds rates by 0.5 percentage points Sept. 18, some critics charged that Fed Chairman Ben Bernanke and his colleagues had acted too quickly.
Financial advisers focus only on sales brochures and fund information that is germane to their financial practices; otherwise, marketing efforts fail to attract their attention, even momentarily, according to a soon-to-be released report.
The Oregon College Savings Plan will combine principal protection with upside potential.
The mutual fund trade group asks the state to repeal a new sales tax on investment advice services.
Senior official says SEC has formed a working group to look into “rampant” insider trading among Street pros.
Falling home prices and higher food and fuel prices drove consumer confidence lower this month.
Merrill board irked by CEO E. Stanley O'Neal's unauthorized outreach, The New York Times reports.
Some 77% of respondents to an InvestmentNews survey plan to reach out to clients in areas affected by wildfires.
