Bloomberg

Bloomberg
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MUTUAL FUNDS FEB 26, 2009
Fidelity to expand in muni bonds, capital markets

Fidelity Investments plans to increase its presence in the municipal-bond market, firm executives said in an interview.

RETIREMENT PLANNING FEB 26, 2009
Fidelity: Matching contributions key to 401(k) participation

LIFE INSURANCE AND ANNUITIES FEB 25, 2009
Bernanke backs optional fed charter for insurance

Federal Reserve Chairman Ben Bernanke today backed the idea of creating an optional federal charter for insurance.

MUTUAL FUNDS FEB 25, 2009
Congress attacks retirement security, target date funds

Congress today commenced an effort to determine whether legislation needs to be enacted to protect the retirement security of the country's aging population.

LIFE INSURANCE AND ANNUITIES FEB 25, 2009
Advisers want more-understanding wholesalers

Financial advisers, already overwhelmed with frazzled clients, want more understanding from their wholesalers.

LIFE INSURANCE AND ANNUITIES FEB 25, 2009
More boomers buying long term care insurance

The age of long term care insurance purchasers continues to skew downward as more baby boomers buy policies.

MUTUAL FUNDS FEB 25, 2009
E-Trade closes its index funds

E*Trade Financial Corp. has closed its line of four index funds with liquidations to take place no later than March 27.

PRACTICE MANAGEMENT FEB 25, 2009
IRS must help Madoff victims, says Rep. Ackerman

The Internal Revenue Service should immediately issue guidance that would allow customers defrauded by New York-based Bernard L. Madoff Securities LLC.

MUTUAL FUNDS FEB 25, 2009
Eaton Vance 1Q profit down 57%

Eaton Vance Corp. said Wednesday its fiscal first-quarter profit shrank by more than half.

REGULATION, LEGAL & COMPLIANCE FEB 25, 2009
Obama begins 'stress tests' of banks

Obama administration begins "stress tests" to gauge the health of America's biggest banks.