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NEWS INDUSTRY NEWS SEP 04, 2007
Advisers key in IRA rollovers

CHICAGO — Financial advisers play a big role in directing individual retirement account rollovers. Fully 67% of individuals who completed a rollover during the two-year period through April did so with the help of a professional adviser, according to a study released Aug. 23 by Spectrem Group in Chicago.

NEWS INDUSTRY NEWS SEP 04, 2007
How the PGA jumped into a huge retirement pool

PONTE VEDRA BEACH, Fla. — Thanks to the largesse of the FedEx Cup, the best retirement plan in sports just got better.

INVESTING ALTERNATIVES AUG 31, 2007
Bear funds denied bankruptcy protection

A judge denied bankruptcy protection for its two failed hedge funds and refused to protect the firm from U.S. lawsuits.

INVESTING ALTERNATIVES AUG 30, 2007
Cheyne strives to delay $6.6B asset sale

Cheyne Capital Management is asking SIV investors to refinance to put off an enforced asset sale, published reports said.

INVESTING ETFS AUG 30, 2007
SEC lifts ceiling for PowerShares ETFs

Investment companies will now be able to invest in the company’s ETFs beyond the limits of Section 12(d)-1.

RETIREMENT TAX AUG 30, 2007
Mortgage crisis chips away at H&R Block

The tax-services giant reported a first-quarter net loss of $302.86 million, or $0.93 per share.

INVESTING ALTERNATIVES AUG 30, 2007
Hedges claim 30% of bond trading

Hedge funds have become the big fish in the debt-trading pool, according to a report by Greenwich Associates.

INVESTING ETFS AUG 30, 2007
First Trust Portfolios launches ETF

The First Trust Dow Jones STOXX Select Dividend 30 Index was launched as an exchange traded fund.

INVESTING ALTERNATIVES AUG 29, 2007
S&P cuts British firm's debt rating

Cheyne Capital Management, a London-based independent hedge fund manager, may be forced to liquidate some assets to repay its creditors.

NEWS INDUSTRY NEWS AUG 29, 2007
FINRA eyes MSC for VA oversight

MSC is the subject of a complaint by FINRA concerning the firm's allegedly shoddy VA bookkeeping.