Prudential Financial Inc.'s decision to cut off contributions into a slate of older variable annuities with attractive benefits has raised the ire of financial advisers, this time because they were given so little time to add money to the contracts.
Say summer rally for S&P 500 about out of steam; headed for 1,100?
Bows out of group LTC insurance; halted sales of individual coverage in March
Active and ETF sales forces combined to deliver advisers more-complete advice; new core lineup of ETFs at the heart of the change
CEO Larry Fink says the fcompany plans to reduce fees on a number of ETFs to better compete with rivals.
Like cash, cost is king; price war still raging.
BlackRock Inc.'s iShares woke to an unexpected present from rival exchange-traded- fund provider The Vanguard Group Inc. on Tuesday morning.
As prices go up, so do cash flows from investments; 'lot of money to be spent in this space'
If the economy continues to languish in the years ahead municipal bond holders may find themselves in a tight spot
McDonnell deal will beef up purchaser's fixed-income chops
Options traders push out Treasury market sell off expectations
The outlook for the LTCI business is not good. The reason? Partly, the unexpectedly large tabs being rung up by existing policyholders.
Nearly 90 exchange-traded funds shut down this year; 'makes you look dumb'
