Cash is king” seems to be the catchphrase in these recessionary times. From a tax standpoint, we want to maximize the receipt of cash for our clients through tax refunds and explore the possibilities of deferring tax payments to preserve cash.
Seeking to wrest market share from the asset management industry, life insurance executives will embark on a campaign of simplified consumer communications and stress real-life contexts for the use of their products.
The new hedge fund reality places even greater emphasis on due diligence, but it doesn’t mean that investors should start ignoring or abandoning the alternative asset class.
Advisers are admitting now more than ever before that insurers’ solvency and financial strength are at the forefront in their minds when they recommend products.
Securities litigation in the wake of the Bernard Madoff scandal could snag a whole host of investors who might have to give up whatever gains they received over the past six years, according to legal experts.
Retirement accounts have taken a huge hit since the markets tanked, but they were already in trouble because most consumers weren’t saving enough even when times were good, according to one industry leader.
SEC director of enforcement Linda Thomsen is resigning to return to the private sector, the agency announced today.
The hedge-fund-of-funds sector in Europe may lose three-quarters of its assets, compared with the beginning of 2008.
Fixing the global financial crisis will require more effective government regulation and greater cooperation among regulatory agencies around the world.
