Industry News

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NEWS RIAS OCT 04, 2011
Variable annuities selling at fever pitch

Investors, attracted by the allure of guarantees, gobbled up variable annuities during the second quarter, placing some insurers on pace to beat estimates and bringing broker-dealers closer to pre-crisis VA sales levels

By Darla Mercado
NEWS INDUSTRY NEWS OCT 04, 2011
States, funds woo advisers as direct-sold 529s grow

Many investment firms and states have adjusted features within their Section 529 college savings plans over the past year to make them easier for financial advisers to deal with and thus more attractive

By Liz Skinner
Barton Biggs places bigger bullish bets
NEWS INDUSTRY NEWS OCT 03, 2011
Barton Biggs places bigger bullish bets

Famed hedge fund manager boosts long positions to 65% of holdings;

By John Goff
Fannie pack for Gross as bond king hoards agency debt
NEWS INDUSTRY NEWS OCT 03, 2011
Fannie pack for Gross as bond king hoards agency debt

Head of Pimco's Total Return Fund dramatically ups allocation to U.S. housing bonds

By John Goff
Bearish bets biggest in five years
NEWS INDUSTRY NEWS OCT 03, 2011
Bearish bets biggest in five years

Short-sales mount amid gathering economic storm: 'get some protection or get out altogether'

By John Goff
Does anyone care about earnings anymore?
NEWS INDUSTRY NEWS OCT 03, 2011
Does anyone care about earnings anymore?

Analysts continue to cut their their price predictions for large caps despite hefty corporate profits. One even went so far as to raise his projections for large-cap earnings, but lowered his estimates for the S&amp;P 500 | <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&amp;Date=20111003&amp;Category=FREE&amp;ArtNo=100309999&amp;Ref=PH>Reasons to be cheerful/fearful about stocks</a>

By John Goff
Advisers' revenue up to pre-crisis level, but growth doesn't have legs
NEWS RIAS OCT 03, 2011
Advisers' revenue up to pre-crisis level, but growth doesn't have legs

Adviser revenue recovered last year to pre-crisis levels as assets continued to climb, but growth expectations for future growth have soured.

By Dan Jamieson
Another 'new normal' for Bill Gross: Trailing rival funds
NEWS INDUSTRY NEWS OCT 03, 2011
Another 'new normal' for Bill Gross: Trailing rival funds

Pimco Total Return Fund being outperformed by 80% of funds in its category this year; missed out on Treasuries

By John Goff
Wien on stocks: 'I've been too optimistic'
NEWS INDUSTRY NEWS OCT 03, 2011
Wien on stocks: 'I've been too optimistic'

Blackstone big forced to rejigger prediction that S&amp;P 500 would top 1,500 this year; Barton Biggs retrenching as well

By John Goff
Gross: Recession may trump new normal
NEWS INDUSTRY NEWS OCT 03, 2011
Gross: Recession may trump new normal

'Sovereign balance sheets resemble an overweight diabetic on the verge of a heart attack,' Pimco manager says

By John Goff
NEWS RIAS OCT 03, 2011
Jackson National Life Insurance is No. 1 in adviser satisfaction

Financial advisers are stuck on Jackson National Life Insurance Co.'s variable annuities

By Darla Mercado
NEWS WIREHOUSES OCT 03, 2011
'Sallie, Sallie, Sallie!'

The Headhunter wonders why Sallie Krawcheck's departure registered as an earth shattering day in the history of the retail brokerage business.

By Danny Sarch
NEWS RIAS OCT 03, 2011
Ranks of advisers thin out for first time in a decade

The number of investment advisers registered with the Securities and Exchange Commission has fallen for the first time in 10 years, while the assets that they manage have increased sharply, according to a report released last week

By Mark Schoeff Jr.
'Significant' rep exits at Securities America
NEWS INDUSTRY NEWS OCT 03, 2011
'Significant' rep exits at Securities America

Commonwealth, Cambridge snag brokers who purportedly generated 5% of beleaguered B-D's revenue last year; new owner soon?

By Bloomberg
Now is not the time to be stock-shy: Cetera strategist
NEWS EQUITIES OCT 03, 2011
Now is not the time to be stock-shy: Cetera strategist

By Jeff Benjamin
NEWS INDUSTRY NEWS OCT 02, 2011
LPL's Jeffrey Kleintop: Are we set for a 'Santa Claus' rally?

It has been a textbook year. That is, if your textbook is the Stock Trader's Almanac.

By Mark Bruno
Automatic enrollment reduces savings disparity among ethnicities
NEWS RETIREMENT PLANNING OCT 02, 2011
Automatic enrollment reduces savings disparity among ethnicities

By Darla Mercado
When talking to clients about annuities, think about demographics, says Allianz exec
NEWS RETIREMENT PLANNING OCT 02, 2011
When talking to clients about annuities, think about demographics, says Allianz exec

Advisers hoping to broach the topic of annuities with clients ought to step back from product features and focus on the greater context of longevity protection.

By Darla Mercado
NEWS RETIREMENT PLANNING OCT 02, 2011
Boomers ignorant about Medicare

By Lavonne Kuykendall
NEWS RETIREMENT PLANNING OCT 02, 2011
Smaller brokers expected to restrict self-directed IRAs

By Darla Mercado