Aflac's directors have released a proxy statement inviting its shareholders to vote on performance-based compensation.
The U.S. consumer confidence dropped again in March falling to the lowest figure seen since March 2003.
Fortress recorded a loss in the fourth quarter due to compensation-related expenses related to its IPO last February.
Even as the financial services industry scurries to provide advisers with better retirement income vehicles, advisers continue to criticize the new products.
Nouriel Roubini, one of the biggest bears on Wall Street, wasn't surprised by the fire sale at The Bear Stearns Cos Inc. of New York. He said it just reinforces his 12-point gloom-and-doom outlook, which he unleashed on Wall Street in February, and he now thinks that total financial losses in the credit debacle may top the $1 trillion he previously projected.
Sales of existing homes increased by 2.9% in February to a seasonally adjusted rate of 5.03 million units, following six consecutive monthly declines.
With inflation expectations on the rise, now is a good time to consider what strategies you might implement for your retired clients to respond to a possible upturn in inflation.
The hunt for alternatives managers is greater than any other type of manager this year, according to a new survey of consultants' expected searches for 2008.
The dollar rose to 1.5341 per euro, the largest gain since March 12, and advanced to 100.04 yen per dollar in trading in Japan.
With stock market volatility on the rise, the time is right for financial advisers to consider convertibles for a place in client portfolios.
Index managers are holding steady despite the market downturn, according to a biannual survey of managers of indexed assets by InvestmentNews' sister publication Pensions & Investments.
With investor confidence in the global financial markets at a severe low point, driven even lower last week by the crumbling of Wall Street giant The Bear Stearns Cos. Inc., planners are facing the challenge of how to maintain clients' confidence in the midst of the credit turmoil.
We are as suspicious of public markets as we are of public toilets.
The index of leading indicators that gauges future business activity fell 0.3% in February, the fifth straight month of decline.
Firms with less than $500 million in assets under management have been most affected, said David DeVoe, senior director of mergers and acquisitions for Schwab Institutional in San Francisco.
W.P. Carey & Co. was accused of selling more than $235 million of an affiliated REIT's shares without a registration statement.
The firm reported first-quarter net income of $1.5 billion, compared with $2.7 billion in the year-ago period.
The index for finished goods other than foods and energy moved up 0.5 percent after a 0.4% increase in January.
AIG will pay $13.5 million to settle an investigation involving its alleged sham reinsurance deal with General Re.
Goldman Sachs and Lehman Brother's profit fell more than 50% in the first quarter but managed to beat Wall Street estimates.
