Insurer says the spinoff would be financially strong, and insurance contracts would remain with their original carriers.
The number of jobs created in the prior month isn't the most important metric to watch, according to Mohamed El-Erian, chief economic adviser at Allianz.
Advisers have to explain smart-beta funds' features and potential benefits to clients to ensure they philosophically align.
<i>Breakfast with Benjamin</i> Near simultaneous reports illustrate how confused Wall Street is by the current market environment.
An oil-price bottom is the most we can hope for at this point.
The firm joins Goldman, JP Morgan and John Hancock by jumping into the ETF space with passive strategies based on proprietary quantitative research.
Make sure the most fundamental protections your clients require are in place
We all have a legacy, whether planned or unplanned. Active planning allows us to pass on a financial legacy.
Turnaround in sentiment comes amid signs central banks may be prepared to act
Bond shop betting on an oil-price recovery.
The agency issued guidance to directors saying they should install a process to evaluate whether administrative fees are being used to encourage distribution.
Despite SEC chairwoman's concerns over leverage and impact on individual investors, backers hope legislation will pass because of bipartisan support.
Traditional fixed-income holdings, such as bond funds, may not provide enough meaningful income as historically low interest rates have limited the yields available to investors.
You may never have thought that your clients would thank you for putting them into bond funds – until now.
Some experts point to a collapse in small-cap stocks as a harbinger of doom for the broad market.
According to Barry Ritholtz, whether we are in a bubble has yet to be determined, but Donald Trump is most certainly not the first to cry wolf.
Royal Dutch Shell, Total SA and BP, Europe's three biggest oil producers, were among 175 energy and mining companies whose credit ratings were placed on review for possible downgrade by Moody's Investors Service after cutting its forecasts for crude prices.
<i>Breakfast with Benjamin</i> The world is increasing its focus on China's currency devaluation, but it's key to keep the yuan in perspective.
Equities surged back to pare the biggest one-day selloff in five months.
