Sales on Black Friday — the day after Thanksgiving, thought to be the busiest shopping day of the year — fared better than anticipated but did not rescue November retail sales, according to a report from Thomson Reuters of New York..
Jefferson National Life Insurance Co. today added the Rydex Variable Trust Managed Futures Strategy Fund to its Monument Advisor variable annuity.
The manufacturing sector headed downward in November as the economy continued to weaken under the weight of the financial crisis, according to a report by the Institute for Supply Management in Tempe, Ariz.
The challenge: Creating a workable and measurable plan when you’re not sure how to start or where you’ll find the time to do the necessary work.
Fixed annuity sales in the United States hit $27.1 billion in the third quarter, up by 54% from the third quarter of 2007, according to data from Beacon Research of Evanston, Ill.
Envestnet Asset Management today announced enhancements to its sustainability platform in response to a growing interest in socially conscious investing, which accounts for one in every nine dollars under portfolio management in the United States.
Common-wisdom definitions of what constitutes a recession notwithstanding, the National Bureau of Economic Research Inc. today confirmed what most Americans have been feeling for many months: The United States economy has been in a recession for a year.
While variable annuity performance has plunged this fall, the hedging programs designed to protect the products have helped carriers save $40 billion during September and October, according to a study from Milliman Inc.
Advisers find themselves in unusual situations in this roller coaster financial market, and some are offering advice — which might contradict conventional wisdom.
