Tuition and fees skyrocket as cash-strapped legislatures look to fill budget gaps
California is closing its adviser-sold Section 529 college savings plan and folding its $283 million in assets into the state's much larger direct-sold plan, after failing to find a company to manage the adviser-sold plan.
A nation's GDP to debt ratio usually becomes worrisome near 90%. Japan's is now over 200%. Forget Europe, writes Barry Glassman, Japan is the global economy's real elephant in the room. | Related graphic: <a href=http://www.investmentnews.com/apps/pbcs.dll/misc?url=/misc/zoom.pbs&Site=CI&Date=20111213&Category=FREE&ArtNo=111219978&Ref=V2&credit=Glassman%20Wealth%20Management>Japan vs. the Euro land.</a>
A hefty charge that ING Groep NV will take on its American variable annuity business appears to be a mixed blessing for investors hoping to snap up shares of the company's insurance unit once it makes its public debut.
Gold climbed the most in three weeks in London as a weaker dollar may accelerate demand for the metal as an alternative asset.
A new Allianz Life distribution program -- one that rewards top indexed-annuity sellers with exclusive products -- is ruffling feathers among agents and marketing groups
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.
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.
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
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&Dato=20111025&Kategori=FREE&Lopenr=102509999&Ref=PH>The best-performing housing markets</a>
Connecticut has highest per capita income, but plenty of poor folks; solidly middle class now 'solidly hurting'
Market gyrations, low interest rates forces company to scale back; life insurance also nixed here
Uncertainty about what Congress does in 2012 confounding clients, tax planners; 'lot of unhappy people'
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.
Falling investment returns, rising costs of necessities has pre-retirees cutting back on prescriptions, skipping doctors' appointments, study finds
New Hampshire and Alaska are home to the most financially savvy residents in the United States.
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 &raquo;</a> <b>Buzz:</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20111202&Category=FREE&ArtNo=120209999&Ref=PH>Secrets of less successful advisers &raquo;</a>
