Investing

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Most expensive state for mortgage closing? Fuhgettaboudit
RETIREMENT PLANNING MAY 31, 2011
Most expensive state for mortgage closing? Fuhgettaboudit

New York tops the list, according to latest data; average cost up, Dodd-Frank blamed

By John Goff
Pimco offers blue-light special on new REIT fund
ALTERNATIVES MAY 31, 2011
Pimco offers blue-light special on new REIT fund

Fund giant will slash management fee if property fund loses money; come-on could help firm raise funds in already crowded market

By John Goff
Six percent on checking? It's a 'slam-dunk' for yield seekers
MUTUAL FUNDS MAY 31, 2011
Six percent on checking? It's a 'slam-dunk' for yield seekers

Yield-seekers take note: a survey by Bankrate found dozens of financial instutions that offer accounts with extremely high interest rates. And no, they're not jumbos.

By John Goff
Biggest quarterly sell-off of munis since 1995
RETIREMENT PLANNING MAY 31, 2011
Biggest quarterly sell-off of munis since 1995

Fund firms, individuals cut back dramatically on holdings of tax-exempt debt

By John Goff
LIFE INSURANCE AND ANNUITIES MAY 31, 2011
Tax reform delays don't slow efforts to educate Hill

Even though the conventional wisdom in Washington is that Congress won't get around to major tax reform until after the presidential election, financial and insurance companies, and adviser groups are working feverishly to build the foundation for that policy battle

By Mark Schoeff Jr.
FIXED INCOME MAY 31, 2011
Muni bond tool may provide dose of reality

Financial advisers have a new online tool to help show clients what effects rising interest rates will have on their municipal bond holdings

By Jessica Toonkel
ALTERNATIVES MAY 31, 2011
How long will the REIT rally last?

Contrary to all the doom and gloom coming out of the housing industry these days, the commercial real estate market is alive and well, and real estate investment trusts are enjoying a historic rally.

By Jeff Benjamin
Good morning, Vietnam: Mark Mobius touts frontier markets
EMERGING MARKETS MAY 31, 2011
Good morning, Vietnam: Mark Mobius touts frontier markets

Famed investor bullish on the Orient, including hot spots in Southeast Asia

By Jeff Benjamin
LIFE INSURANCE AND ANNUITIES MAY 29, 2011
This insurer's stock price could rise 32% in the next year, says Bank of America

AIG shares vastly undervalued, analyst says; specter of government ownership still a turn-off

By John Goff
ALTERNATIVES MAY 29, 2011
Strategies, not just assets, key to alternative investing

What is the cost in portfolio performance if an investor's retirement, education or other goals come before the market ultimately resumes its upward course?

By Gabriel Burstein
EMERGING MARKETS MAY 29, 2011
Japanese stocks may have hit bottom after earthquake

The 9.0-magnitude earthquake that devastated Japan is likely to leave buying opportunities in its aftermath — even as certain economic indicators point in the opposite direction

By Thao Hua
MUTUAL FUNDS MAY 29, 2011
Legg Mason's woes raise doubts about future

Given the continuing exodus of its sales executives, struggles with fund outflows and an unexpected $74 million in compensation-related expenses disclosed this month, Legg Mason Inc. has many doubting that it will hit its goal of increasing operating margins to 30% by early next year

By Jessica Toonkel
ALTERNATIVES MAY 27, 2011
Farmland best bet in gloomy outlook, says Yale's Shiller

With the exception of farmland, investors should keep their expectations for investment returns low for at least the next 10 years, according to Robert Shiller, an economics professor at Yale University

By Jeff Benjamin
LIFE INSURANCE AND ANNUITIES MAY 27, 2011
MetLife's marketing of asset accounts 'deceptive,' judge says

Case against insurer dismissed, but wording in ruling likely to trigger more litigation, regulatory probes

By Bloomberg
LIFE INSURANCE AND ANNUITIES MAY 27, 2011
MassMutual, The Hartford skip retained accounts, cut checks for beneficiaries

Insurers among the few that buck industry trend of sending survivors checkbooks -- rather than lump-sum checks

By Bloomberg
LIFE INSURANCE AND ANNUITIES MAY 27, 2011
'Outraged' legislator's proposal targets retained-asset accounts

Bill requires insurers to disclose how much money they stand to make off the float; 'corporate greed'

By Bloomberg
Cuomo probing insurers 'secret profits' from grieving families
LIFE INSURANCE AND ANNUITIES MAY 27, 2011
Cuomo probing insurers 'secret profits' from grieving families

Subpoenaeas MetLife Inc. and Prudential Financial Inc. for information on practice of generating investment income off survivors' death benefits

By Bloomberg
Fallen soldiers' families denied cash as insurers profit
LIFE INSURANCE AND ANNUITIES MAY 27, 2011
Fallen soldiers' families denied cash as insurers profit

Survivors given checkbook accounts, while insurers retain the assets; 'turning death claims into a profit center'

By Bloomberg
Jackson's putting brakes on VA sales 'a whiplash'
LIFE INSURANCE AND ANNUITIES MAY 26, 2011
Jackson's putting brakes on VA sales 'a whiplash'

Corporate mandate to slow accelerating sales seen as prudent, but advisers express concerns

By Darla Mercado
Financial firms help Japan
LIFE INSURANCE AND ANNUITIES MAY 26, 2011
Financial firms help Japan

Financial services firms — many with operations in Japan — are opening their corporate pockets in response to the country's disasters.

By Anya Khalamayzer