The global financial markets are still trying to regain some stable footing following the $116 billion bailout of some of Ireland's largest banks.
Preferential tax treatment for retirement programs and insurance products are threatened in a draft proposal from the chairmen of the national deficit commission, according to advocates.
News of a federal investigation reportedly probing mutual fund companies, broker-dealers and consultants — as well as investment banks and hedge funds — could cause investors to dump equities, according to industry observers and financial advisers.
Sun Life Financial Inc. today released two income benefits.
Putnam Investments has significantly lowered the expense ratios on its slate of Absolute Return funds and its RetirementReady Lifecycle funds.
Some advisers aren't surprised to see the municipal bond market getting clobbered
Despite the stock market's recent strong performance, valuations remain generally attractive — but uncertainty abounds, according to Tom Ognar — manager of the $2.4 billion Wells Fargo Advantage Growth Fund Ticker:(SGROX).
Anything less than $500 billion in QE2 is likely to shake up investors, says fixed-income portfolio manager
The Labor Department this month is expected to introduce its final rule on how retirement plan sponsors will be required to disclose plan fees to participants.
Aviva USA last week rolled out a series of changes to its fixed-annuity lineup, including reductions on agents' commissions and the discontinuation of one of its income riders.
Hedge fund managers are exploiting the post-crisis period to find buyers and sellers, as well as talented investment and client service teams
The financial services industry is walking the compensation tightrope between paying big for the best talent and navigating around criticism of exorbitant pay scales
Ameriprise Financial Inc. has cut off outside broker-dealers from selling its RiverSource variable annuity, limiting sales to Ameriprise registered representatives.
Prudential Financial Inc. is teaming up with Edward D. Jones & Co. LP to create a new A-share variable annuity. The insurer expects to submit a filing for the product in the next 30 to 60 days.
Pruning investment options limits their ability to put clients in the best funds, reps say
A First Republic Bank unit was ordered to pay a retired Stanford University professor and his wife $2.18 million after arbitrators found the firm gave them only a “fleeting and slapdash” explanation of a municipal bond fund that imploded during the credit crisis in 2008.
A combination of equity market volatility and slumping interest rates pushed sales of fixed indexed annuities in the third quarter to a new high, according to data from LIMRA and AnnuitySpecs.com.
Some advisers aren't surprised to see the municipal bond market getting clobbered.
Generous withdrawal benefits for variable annuities — albeit with limits — continued their comeback in the third quarter, according to a report from Ernst & Young.
