The Clare at Water Tower missed $229m payment this month
Morgan Keegan & Co. Inc. won a small victory last week when a class action brought by investors in a Tennessee state court was dismissed by a federal judge. But it doesn't look as if the troubled securities firm is any closer to being sold than when its parent company, Regions Financial Corp., put it up for sale three months ago
Turbulence is where this hedge fund manager thrives
Nassim Nicholas Taleb, author of the best-selling book “The Black Swan,” said the current global market turmoil is worse than it was in 2008 because countries such as the U.S. have larger sovereign-debt loads.
A LIMRA survey released Tuesday found that 32% of 616 producers picked an aspect of training as the most valued service offered by insurers.
Though Latinos know they ought to have life insurance to protect their families, fewer of them buy it, compared with other demographic groups
If you want to reach out to an untapped audience for life insurance, try people under 45
A survey by Natixis found that about 47% of some 463 investors said they are worried about losing money due to volatility, but most still aren't interested in alternative products and strategies.
The top fund hawkers generally take the same approach to winning over advisers
BlackRock Inc., which controls 42% of the exchange-traded-fund market, is calling on its peers and regulators to raise their standards in terms of transparency and oversight of ETFs
Morningstar Inc. will begin ranking exchange-traded-fund managed portfolios, the company said last week in Chicago at its ETF Invest Conference
Raymond James Financial Inc. aims to have a no-fee ETF program up and running within six months.
Aging baby boomers represent a historic opportunity to boost the sales of income-generating investment products, according to industry leaders who kicked off the Insured Retirement Institute conference in Boston last Monday
Bob Reynolds, chief executive of Putnam Investments, last week called for the establishment of a regulatory body to approve lifetime-income products
If you're recommending long-term-care insurance to clients as a way for them to protect assets and to care for themselves when they're old and sick, you're probably doing it incorrectly.
Escalating medical expenses and Medicare cutbacks will strain retiree budgets
The Treasury's Federal Insurance Office yesterday announced that it's looking for public comments — with a special focus on systemic risk — as part of a report on modernizing insurance regulations.
