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RETIREMENT LIFE INSURANCE AND ANNUITIES SEP 21, 2009
Marsh & McLennan extends CEO Duperreault's contract

Insurance broker and consulting firm Marsh & McLennan Cos. said Monday that it will extend President and CEO Brian Duperreault's contract an additional three years to Jan. 29, 2014.

NEWS INDUSTRY NEWS SEP 21, 2009
Gold will hit $1,200 an ounce, Midas precious metals fund manager predicts

The rise in the price of gold is only getting started, according to Thomas Winmill, president of Midas Management Corp. and manager of the $115 million Midas Fund.

RETIREMENT LIFE INSURANCE AND ANNUITIES SEP 21, 2009
Axa executive replaces LPL honcho as chairman of the Insured Retirement Institute

The Insured Retirement Institute today chose James A. Shepherdson, executive vice president of Axa Equitable, as the group's chairman.

NEWS REGULATION AND LEGISLATION SEP 20, 2009
Another flagrant foul

Morgan Keegan & Co. Inc. has lost another arbitration case stemming from losses suffered by a former professional athlete when its bond funds blew up: This time it is liable to a former NBA all-star for $1.45 million in damages.

INVESTING ETFS SEP 20, 2009
ETFs make "statement'

Talk about state pride.

INVESTING MUTUAL FUNDS SEP 20, 2009
"Target date' definition differs among stakeholders

When it comes to picking a target date fund, the instruction manual seems simple enough.

INVESTING FIXED INCOME SEP 20, 2009
Freestyle analyst

Being an investment research analyst during one of the most historic economic downturns can be stressful.

NEWS OPINION SEP 18, 2009
Attention Good Advisors: I want to know YOUR story

The Bad Advisors and outright crooks always grab the headlines; time to strike back.

INVESTING MUTUAL FUNDS SEP 18, 2009
Treasury ends money market guaranty program

The Department of the Treasury's temporary guarantee program for money market funds will conclude today, one day after the ICI reported a jump in money fund outflows this week.

NEWS INDUSTRY NEWS SEP 18, 2009
FDIC chief considers tapping Treasury for funds

The chairman of the Federal Deposit Insurance Corp. says she is "considering all options, including borrowing from Treasury," to replenish the dwindling fund that insures bank deposits.