Equity index annuities could be regulated as securities if a proposal approved 3-0 today by the Securities and Exchange Commission is finalized.
The Federal Reserve Board held the economy’s key interest rate at 2% today in a bid to keep inflation in check.
Fidelity's IRA market share is about 13.7% as of the fourth quarter of 2007, up from 12.7%, the previous year, according to Cerulli.
U.S. economic growth will be subdued this year, but the economy will begin to pick up in 2009, according to the SIFMA Economic Advisory Roundtable.
"Consumer confidence may be nearing a bottom,” said the director of The Conference Board.
The employee benefits provider was fined for for failing to report special payments to an insurance broker.
Investing can be nerve-wracking, especially when volatility reigns, as today.
The idea for a Section 529 college savings plan gift registry came to Jeff Frese last year at a birthday party for his 4-year-old niece.
Several months ago, Baltimore-Washington Financial Advisors Inc. surveyed the competitive landscape and decided it was time to make a change.
"We would urge caution for investors attempting to call the bottom in the current environment," a Merrill strategist wrote.
Last week's order that Next Financial Group Inc. stop violating privacy regulations when recruiting brokers upended a key tenet of independent-contractor broker-dealers: that independent representatives — and not broker-dealers — are at the center of the relationship with the clients.
At a time when stock markets have been buoyed by some positive economic data, small-cap stocks have whipped their larger brethren over the past three months.
Some international-equity managers are wondering whether the drop in the greenback will continue, while others are beginning to implement currency hedges to protect their portfolios against a rise in the U.S. dollar.
Market turmoil and rising interest rates might kick off a new season for the fixed annuity as the product emerges from the shadow of its variable cousin, an industry expert said.
Optimism characterizes management's thinking at the Natixis Vaughn Nelson Small Cap Value Fund (NEFJX).
Embedding annuities into target date funds might be the key to offering annuities as an investment option in 401(k) plans.
It isn't just about taxes this time.
Charitable giving in the United States reached a record $306.4 billion in 2007, the Giving USA Foundation reported.
New York Life Insurance Co. has tapped Jon Stenberg to join the company as a senior vice president in the individual-life department.
Pyramis Global Advisors announced yesterday that Kevin C. Uebelein has been named president and chief executive.
