Up 13% after Citigroup analyst said insurer can withstand mortgage-related losses
Legendary fund manager Bill Miller finally gave up the ghost, unloading his entire stake in Eastman Kodak. The damage? The Legg Mason Capital Management Value Trust took a $550 million hit from the sale.
Aviva says a slew of charity-originated life insurance policies were touted as way to aid churches in poorer neighborhoods. But the carrier claims agents and third-party were the biggest beneficiaries
Most baby boomers, even those past retirement age, say they don't know much about Medicare, the federal health insurance plan for seniors. Their ignorance could end up costing them.
Almost one-third of U.S. employers are likely to stop providing health coverage for workers in 2014, when U.S. subsidies become available for people to buy individual policies.
B-Ds get notice of pullback as job cuts in annuity unit are reported
There is now substantial literature on the behavioral economics of retirement saving, which has stressed that both behavioral and institutional factors play an important role in determining saving accumulations
In a move that highlights regulators' concerns with nontraded real estate investment trusts, Wells REIT II told investors last week that the new estimated value per share is $7.47
An eye-opening analysis of the “distributions” of nontraded REITs sold exclusively by David Lerner Associates Inc. shows that the REITs' property investments largely underperformed the level required to pay promised dividends to investors
The secret to increasing sales of variable annuities at broker-dealers and wirehouses has everything to do with insurers' speeding up the sales process and making information easier for brokers to find.
Morningstar Inc. is gauging the interest of brokerage firms and financial advisers in research coverage of nontraded real estate investment trusts
Independent research on growing market could help reps and advisers
Emerging market guru says inflation will force investors back into equities; 'bouncing along the bottom'
Having hit bottom, high-end hotels and industrial properties should thrive
Net inflows at five-year high; seekers of yield have few options
Patrick Evershed, a former New Star Asset Management Holdings Inc. fund manager, was bullied by company founder John Duffield, who called him a “criminal” and a “moron,” according to Mr. Evershed's lawyer
Warren E. Buffett's Berkshire Hathaway Inc. invested $23.9 billion in the third quarter, the most in at least 15 years, as he accelerated stock purchases and broadened the portfolio beyond holdings in consumer and financial companies
