Flight to safety lifts greenback against most counterparts as Egyptian president resigns
Flows into Van Eck could be due to some shorting, though other investors may sense potential buying opportunity; country 'too big to fail'
Inflows into firm's low-fee fund have surged; 'pricing war going on'
MetLife Inc.'s announcement last week that it will stop writing new long-term-care insurance shocked advisers, raising fears that rates will rise for existing blocks of business and that other carriers will exit the industry.
State insurance regulators are not likely to approve John Hancock's recently announced long-term-care rate hikes, denting third-quarter profits for the insurer's parent company, Manulife Financial Corp., according to analysts.
Average premium for existing policyholders could go up by 40%; 'lot of explaining' to do
The costs of long-term-care continue to rise, although at a slower pace than before the economic slowdown as nursing homes and home health care providers reduce charges.
The Vanguard Group Inc. has edged out BlackRock Inc.'s iShares as advisers' most trusted exchange-traded fund provider, according to a survey released by Cogent Research.
Settlement provider lowers advertised rate of return from 12% to 7%; litigation ahead?
Risk of defaults on tax-free bonds overblown, says bank's head of fixed-income group
A machinery manufacturer last week sued New York Life Insurance Co., claiming it had lost money in variable universal life policies that were invested in funds linked to the Madoff scandal. Experts say similar suits are likely to follow.
From Black Friday door-buster specials on flat-panel TVs to stocking stuffers like MP3 players and e-book readers, shopping for electronics has become as synonymous with the holiday shopping season as decorating Christmas trees
Brokerage plans to charge fund firms by assets on its platform -- not accounts.
AllianceBernstein, OppenheimerFunds occupy bottom rung in latest ratings; Fidelity slips.
Expanded definition of 'fiduciary' likely to hamstring funds that work with plan sponsors and participants.
New York Life Insurance Co. has kicked off a program that will allow agents to meet the tougher fiduciary requirements set by the Labor Department
Vanguard decided to drop Axa Rosenberg as the manager of its $8.9 billion Explorer Fund Ticker:(VEXPX), the $492 million U.S. Value Fund Ticker:(VUVLX) and the $84 million Market Neutral Fund Ticker:( VMNFX).
Nassim Nicholas Taleb, who warned that unforeseen events can roil markets in "The Black Swan," said he is "betting on the collapse of government bonds" and that investors should avoid stocks.
Investing in North American oil producers and even biotechnology companies are some of the ways to hedge the political unrest in Egypt, according to Uri Landesman, president of Platinum Partners LP, a $500 million hedge fund shop.
High hidden fees, long surrender periods just some of the pitfalls, argues ex-Treasury official Smetters; insurers, agents beg to differ
