Joe Paterno, the under-fire Penn State Nittany Lion coaching legend, has been assailed by some for selling his home to his wife for $1? The claim? Paterno was attempting to shield his assets from potential lawsuits. Not so, say estate lawyers in Pennsylvania. | <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Avis=CI&Dato=20110711&Kategori=FREE&Lopenr=711009999&Ref=PH>PSU ranked No.1 — on the list of most expensive state schools &raquo;</a>
But low-return plan may not be the best bet when dealing with long time horizons; 'not very useful'
Increasing number of universities going 'test optional' rather than relying on SATs; high school grades a better predictor
Out-of-sight tuition has left parents with little choice but to seek new ways to help fund their childrens' college education. One idea that's growing in popularity: crossing private universities off the apply-to list.
Critics claim the College Board's charges for entrance and placement exams are getting out of hand. Says one former dean at the University of Chicago: 'The College Board is more interested in marketing and selling things than it is in its primary responsibility, promoting equity and educational opportunity.'
A growing number of people who save for their children's college costs with Section 529 plans are steadily outpacing those parents who do not use these tax advantaged savings plans, according to a new survey by the College Savings Foundation.
ING is making another go at the independent broker-dealer market, this time with a new fixed indexed annuity feature scheduled for an August release.
The Standard & Poor's 500 Index is falling toward a key level that, if breached, may mean the gauge will tumble further, according to Ryan Detrick of Schaeffer's Investment Research.
Tuition for private colleges may be off the chart, but state schools are getting more expensive, too. Here's the ten priciest public colleges.
Survey reveals across-the-board decline in bullishness; 'back to wait-and-see'
Small-cap stock analysts more accurate than those who cover large caps; smaller pond = greater impact
State regulator says husband-and-wife team recommended that elderly clients partially surrender VAs for indexed annuities; $426K in commissions in less than four months
Commonwealth and five broker-dealers sign on to sell Allianz's variable annuity; apes LPL Financial's earlier move
Lisa Detanna, a former broker at Morgan Stanley Smith Barney LLC who became <a href= http://www.investmentnews.com/article/20101010/REG/310109952>embroiled in an arbitration claim filed by actor Larry Hagman</a>, has moved to Wedbush Securities Inc. in Los Angeles.
For the past 10 years, executives at the largest independent broker-dealers have been predicting a tide of consolidation, with economics forcing smaller firms to shut down or sell out to bigger firms.
The public will reap a profit as the U.S. government sells off the remainder of its holdings in American International Group Inc., chief executive Robert H. Benmosche said today.