Bloomberg

Bloomberg
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LIFE INSURANCE AND ANNUITIES APR 08, 2009
AIG completes sale of retail bank operations

American International Group Inc. said Wednesday that it completed the sale of its retail bank and credit card operations in Thailand for about $45 million in proceeds.

LIFE INSURANCE AND ANNUITIES APR 08, 2009
Uncle Sam to the VA rescue

For most of us, the best alternative to a prescription sleep inducer is a discussion about insurance.

REGULATION, LEGAL & COMPLIANCE APR 07, 2009
Goldman's Blankfein backs wide-ranging financial industry regs

The chief executive of Goldman Sachs Group Inc. today called for new standards on how Wall Street executives are compensated and new regulation of large hedge funds and private-equity funds.

FINTECH APR 07, 2009
Options Industry Council announces web education program for advisers

The Options Industry Council has announced a new effort to serve the educational needs of financial advisers by launching a dedicated adviser web portal and the addition of Eric S. Cott as director of financial adviser education.

RETIREMENT PLANNING APR 07, 2009
Providing independent advice could fortify 401(k) system, congressman says

Rep. Robert Andrews said that despite more than $2 trillion in losses over the last year, the 401(k) system is not broken — it just needs some minor, and rather immediate, adjustments to empower individual investors,

OPINION APR 06, 2009
Memo to SEC, DOL: Regulate target date funds — now

ETFS APR 06, 2009
Vanguard adds to its ETF roster

The Vanguard FTSE All-World ex-US Small-Cap Exchange Traded Fund (VSS), which seeks to track the performance of the FTSE Global Small-Cap ex-US Index, began trading today, The Vanguard Group Inc. of Malvern, Pa., announced.

RIA NEWS APR 06, 2009
Active portfolio managers suddenly high on equities

Active portfolio managers experienced a surge of confidence last week as the Index of Manager Sentiment recorded a record seven-day spike, pushing the index to its highest level in nearly 10 months.

LIFE INSURANCE AND ANNUITIES APR 03, 2009
House again floats federal insurance regulator

In the latest iteration of a plan that’s been steadily gaining support from both Democrats and Republicans on the Hill, legislation was introduced yesterday that would create a federal insurance regulator.

RIA NEWS APR 03, 2009
Wall Street looks past jobs report, extends rally

The stock market is finishing the day with a modest advance, logging its fourth straight week of gains.