Industry News

Displaying 35350 results
Energy sector to stay white-hot?
NEWS INDUSTRY NEWS FEB 09, 2011
Energy sector to stay white-hot?

The trend is your friend in the energy sector, where the rising price of oil appears to be laying the foundation for a prolonged investment opportunity.

By Bloomberg
NEWS LIFE INSURANCE AND ANNUITIES FEB 09, 2011
Pru aims to pare benefits on popular annuity

Insurer looks to roll back payout, withdrawal percentages on Highest Daily Lifetime 6 Plus product; puny interest rates to blame?

By Darla Mercado
Wealth management seen vaulting UBS back into the black
NEWS RIAS FEB 08, 2011
Wealth management seen vaulting UBS back into the black

Despite end of secret bank accounts, Swiss banking giant starting to attract more money from rich clients; profit margins still 'fairly poor'

By John Goff
Battle lines drawn after SEC backs fiduciary standard
NEWS INDUSTRY NEWS FEB 08, 2011
Battle lines drawn after SEC backs fiduciary standard

Late Friday night, the SEC released it's report on the fiduciary standard. In it, the commission backed adoption of a single standard of care for both broker-dealers and advisers. Now, industry groups are taking dead aim at the proposal. <a href=http://www.investmentnews.com/article/20110116/REG/301169998>(What's the <i>IN</i> stance?)</a>

By Mark Schoeff
NEWS RIAS FEB 08, 2011
Disclosure at the center of fiduciary tug of war

With the deadline approaching for the SEC to deliver a much-anticipated report about the regulation of financial advisers, the fight over establishing a universal standard of care is heating up

By Mark Schoeff Jr.
NEWS RETIREMENT PLANNING FEB 08, 2011
Tax cuts and Roth conversions

By MFXFeeder
NEWS INDUSTRY NEWS FEB 07, 2011
Turmoil in Egypt sparks bargains in Israel, fund manager says

The ongoing political unrest in Egypt created a brief investment opportunity in neighboring Israel, where the stock market on Sunday experienced its biggest drop in nearly two years.

By Jeff Benjamin
Is a gold sell-off officially under way?
NEWS INDUSTRY NEWS FEB 07, 2011
Is a gold sell-off officially under way?

All of a sudden, gold seems to be losing its luster. With prices now at a five-week low, mining companies are starting to unload their inventory. Meanwhile, a growing number of analysts say the sell-off may continue.

By John Goff
Is there enough gold to go around?
NEWS INDUSTRY NEWS FEB 07, 2011
Is there enough gold to go around?

ETFs for the precious metal now hold nine years' worth of U.S. supply; Soros, Paulson piling in, too

By Bloomberg
NEWS RETIREMENT PLANNING FEB 07, 2011
Abandoning LTC, MetLife sparks worries

MetLife Inc.'s announcement last week that it will stop writing new long-term-care insurance shocked advisers, raising fears that rates will rise for existing blocks of business and that other carriers will exit the industry.

By Darla Mercado
NEWS RETIREMENT PLANNING FEB 07, 2011
Jumbo LTC rate hike for Hancock not likely, say analysts

State insurance regulators are not likely to approve John Hancock's recently announced long-term-care rate hikes, denting third-quarter profits for the insurer's parent company, Manulife Financial Corp., according to analysts.

By Darla Mercado
NEWS LIFE INSURANCE AND ANNUITIES FEB 07, 2011
Hancock's LTC rate hike puts advisers in tough spot

Average premium for existing policyholders could go up by 40%; 'lot of explaining' to do

By Darla Mercado
NEWS RETIREMENT PLANNING FEB 07, 2011
LTC costs rising, but at slower clip than pre-crisis

The costs of long-term-care continue to rise, although at a slower pace than before the economic slowdown as nursing homes and home health care providers reduce charges.

By Darla Mercado
NEWS INDUSTRY NEWS FEB 06, 2011
Suddenly, bank loan funds drawing plenty of interest

Bank-loan funds attracted a record $5.2B in January, as investors sought protection from a rise in interest rates

By Doug Cubberley
NEWS RIAS FEB 06, 2011
Government panel report is more sizzle than steak

The final report from the Financial Crisis Inquiry Commission is a disappointment

By MFXFeeder
NEWS INDUSTRY NEWS FEB 06, 2011
Profit expected from sale of AIG shares

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 last week

By Darla Mercado
NEWS INDUSTRY NEWS FEB 06, 2011
Analyst predicting a whopping banking crisis for 2015

As politicians, executives and financiers networked at parties and panels recently in Davos, Switzerland, Barrie Wilkinson was in a nearby hotel, warning that a financial catastrophe may be looming in 2015

By Bloomberg
NEWS INDUSTRY NEWS FEB 06, 2011
Holy creativity, Batman!

Maybe kids don't grow up dreaming of becoming financial superheroes, but that doesn't mean they can't start

By Jeff Benjamin
NEWS BROKER DEALERS FEB 06, 2011
Can LPL hit its recruitment target - and at what cost?

Mark Casady, chief executive of LPL Investment Holdings Inc., has reiterated aggressive growth targets for the country's largest independent broker-dealer

By Andrew Osterland
NEWS INDUSTRY NEWS FEB 06, 2011
Gabelli's picks up 216% in five years - what are favorites now?

Recommendations from Mario J. Gabelli's brokerage firm are trouncing returns in the U.S. stock market as analysts at the biggest securities firms struggle to prove their worth.

By Bloomberg