Industry News

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NEWS LIFE INSURANCE AND ANNUITIES DEC 14, 2011
Allianz Preferred perks strike nerve with agents

A new Allianz Life distribution program -- one that rewards top indexed-annuity sellers with exclusive products -- is ruffling feathers among agents and marketing groups

By Darla Mercado
Schwab franchise plan could be a hard sell
NEWS RIAS DEC 14, 2011
Schwab franchise plan could be a hard sell

As The Charles Schwab Corp. officially begins promoting its new Independent Branch Services franchise program, observers wonder how the firm will pull off the ambitious plan to expand its footprint with independent contractors.

By Dan Jamieson
NEWS INDUSTRY NEWS DEC 13, 2011
It's suitable for framing

That's about the only upside of purchasing a share of the NFL's Green Bay Packers, whose currently for-sale stock can't be resold or traded, and according to the prospectus, does not constitute an investment. Punt.

By Jeff Benjamin
NEWS INDUSTRY NEWS DEC 13, 2011
Stock pickers divided over market forecast

By Bloomberg
NEWS INDUSTRY NEWS DEC 13, 2011
Big money management firms add assets as markets rebound

Total assets under management of the largest 500 money managers in the world edged 4.4% higher in 2010, to $64.7 trillion, according to the annual Pensions & Investments/Towers Watson World 500 ranking

By Thao Hua
Who loses if second home mortgages are no longer deductible?
NEWS RETIREMENT PLANNING DEC 13, 2011
Who loses if second home mortgages are no longer deductible?

The proposed elimination of the mortgage-interest tax deduction for second homes will smack a number of states. Here's a look at how each state will fare -- and the additional amount homeowners could pay Uncle Sam. | <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Avis=CI&amp;Dato=20111025&amp;Kategori=FREE&amp;Lopenr=102509999&amp;Ref=PH>The best-performing housing markets</a>

By Barry Glassman
This state the capital of income inequality
NEWS RETIREMENT PLANNING DEC 12, 2011
This state the capital of income inequality

Connecticut has highest per capita income, but plenty of poor folks; solidly middle class now 'solidly hurting'

By John Goff
Sun Life bows out of VA biz in the U.S.
NEWS LIFE INSURANCE AND ANNUITIES DEC 12, 2011
Sun Life bows out of VA biz in the U.S.

Market gyrations, low interest rates forces company to scale back; life insurance also nixed here

By John Goff
Thanks to lawmakers, year-end tax planning a toss of the dart
NEWS RIAS DEC 12, 2011
Thanks to lawmakers, year-end tax planning a toss of the dart

Uncertainty about what Congress does in 2012 confounding clients, tax planners; 'lot of unhappy people'

By John Goff
NEWS RIAS DEC 12, 2011
Insurers using nimble approach to shield VA holders' assets

By Darla Mercado
NEWS LIFE INSURANCE AND ANNUITIES DEC 12, 2011
Sun Life guns for market share in hybrid life/LTC space

Sun Life Financial Inc.'s hybrid whole-life and long-term-care product came out just last month, but the insurer is champing at the bit to build market share in a space currently dominated by just a select few.

By Darla Mercado
NEWS RETIREMENT PLANNING DEC 11, 2011
Boomers roll the dice, skip meds to make ends meet

Falling investment returns, rising costs of necessities has pre-retirees cutting back on prescriptions, skipping doctors' appointments, study finds

By Bloomberg
Bragging rights: The most financially savvy states
NEWS INDUSTRY NEWS DEC 11, 2011
Bragging rights: The most financially savvy states

New Hampshire and Alaska are home to the most financially savvy residents in the United States.

By Darla Mercado
Another B-D down
NEWS INDUSTRY NEWS DEC 11, 2011
Another B-D down

Pacific West Securities is the latest indie broker-dealer to be closing up shop. The firm's 300 or so reps have a place to land, however, and will be moving to Multi-Financial Securities | <a href=http://www.investmentnews.com/apps/pbcs.dll/articleAID=/20110228/CHART02/110229947>Downed B-Ds since March 2010 &amp;raquo;</a> <b>Buzz:</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&amp;Date=20111202&amp;Category=FREE&amp;ArtNo=120209999&amp;Ref=PH>Secrets of less successful advisers &amp;raquo;</a>

By John Goff
LPL fined over sale of risky partnerships to seniors
NEWS ALTERNATIVES DEC 11, 2011
LPL fined over sale of risky partnerships to seniors

B-D failed to supervise adequately ex-rep in Oregon who flogged the investments; some clients in their 80s

By Bloomberg
Stifel back in the hunt for Morgan Keegan, say sources
NEWS INDUSTRY NEWS DEC 11, 2011
Stifel back in the hunt for Morgan Keegan, say sources

By John Goff
NEWS INDUSTRY NEWS DEC 11, 2011
How Morgan Keegan deal could be impacted by MF Global

MF Global's collapse into bankruptcy last week threw yet another monkey wrench into the sale of regional brokerage firm Morgan Keegan &amp; Co. Inc., which declines in value as time passes, industry recruiters said

By Bruce Kelly
Morgan Keegan deal could collapse due to MF fiasco: Sources
NEWS INDUSTRY NEWS DEC 11, 2011
Morgan Keegan deal could collapse due to MF fiasco: Sources

Potential buyers said to have lowered bids substantially in wake of bankruptcy of Jon Corzine's B-D

By John Goff
NEWS BROKER DEALERS DEC 11, 2011
Peter Schiff's Rx for the B-D biz: Get rid of Finra and SEC

Peter Schiff, CEO and strategist for Euro Pacific Capital, stopped by the <i>InvestmentNews</i> offices for a chat with Deputy Editor Evan Cooper - and Mr. Schiff offers some pointed views on regulation of brokers and advisers.

By Mark Bruno
NEWS INDUSTRY NEWS DEC 09, 2011
Deviser of Hang Seng Index dead at age 86

Stanley Kwan dies of heart failure; creation called 'the ultimate capitalist measure of Hong Kong'

By John Goff