Fixed-income securities — traditional tools to dampen portfolio volatility — are now behind investment strategies intended to guarantee retirement in-come and cash flow.
J.P. Morgan Funds is rolling out an online version of its target date evaluation program for financial advisers.
Richard Ketchum, the chairman and chief executive of the Financial Industry Regulatory Authority Inc., told a gathering of brokerage firm executives that his group will be more aggressive about investigating the advisory activities of their brokers — regardless of whether it <a href= http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20090517/REG/305179968&ht=SRO>gets full regulatory authority </a> to oversee investment advisers.
Members of the insurance industry are applauding an amendment to the Consumer Financial Protection Agency Act of 2009 that eliminates a section that would have given the agency oversight of some insurance products.
Ameriprise Financial Services Inc. has reached a $200,000 settlement with the state of Massachusetts, resolving accusations that several of its reps employed unfair sales practices when working with clients.
Patricia Cornwell, the author of several best-selling crime novels, is going after her financial advisers in an attempt to recover $40 million she has lost, according to multiple published reports.
WealthTouch Inc. this week announced an addition to its Institutional Reporting Module which it is calling the Share of Wallet Report.
The Hartford Financial Services Group Inc. has introduced a variable annuity that allows clients to allocate dollars into a built-in income component.
A New York billionaire jailed for soliciting underage prostitutes in Florida has settled four out of 18 abuse lawsuits by young women.
A government index shows U.S. home prices dipped slightly in August from the previous month, but remained above a low point reached in May.
