Some stunning stats shed some light on the troubles in California town
Variable annuities aren't the great deal they used to be, what with insurers pulling back on generous benefits and offering to exchange onerous payouts for a bump up in account values. But now, an SEC official has fired off a warning shot about such practices
Will require that brokers perform reasonable due diligence to understand the nature of the recommended strategy or securities product and whether it's suitable
Pain across the pond will drag down U.S. market for weeks to come, says investor Barton Biggs
Barton Biggs, the hedge-fund manager who increased bets on equities before the Standard & Poor's 500 Index rallied this year, is getting more bullish.
Bond exemption allows affluent to skirt high tax rate; data shows they take advantage of it, too
More trouble in California, as the largest city in the largest county in the state will file for bankruptcy protection. That's the third municipality in Cali to go bust this year. Muni bondholders, beware.
Few make enough money to be hit by 3.8% surcharge; did insurers cry wolf?
Net flows for 529s turn positive in the fourth quarter; 'good sign for the industry'
Stockton files for Chapter 9 protection; retired city workers will likely take it in the teeth
Lowering of all tax brackets will require more than just eliminating tax breaks for the rich
Stock picking vs. indexing? Advisers may tout the virtues of active management, but investors are voting with their feet. And based on net inflows at Vanguard this year, this race isn't even close.
National Financial Partners Corp. is bulking up its presence in the property-casualty space in an effort to bolster revenue.
Yields nearly 300 basis points more than Treasuries; defaults not seen as likely
Fund manager warns about risks of short-term, investment-grade debt; 'no yield'
Out-of-control debt will force massive policy changes, including tax hikes and spending cuts; 'we're going to jump the tracks'
Versus was granted an exemption from SEC Monday that allows it to offer a second share class of its Versus Capital Multi-Manager Real Estate Income Fund (VCMIX), which doesn't charge distribution fees or an early-withdrawal penalty.
