Low interest rates and low contribution limits mean retirees can only count on health savings accounts to cover a portion of their health care costs
The following is an investment strategy column by Jeffrey D. Saut, managing director at Raymond James & Associates Inc.
Financial advisers had hoped to begin this year with new momentum — the ability to swap clients out of existing annuities or insurance in exchange for long-term-care coverage — but broker-dealers have hit the brakes, citing problems with large amounts of paperwork to process the business, among other troubles.
Members of the life insurance and annuities industries have asked senators to rethink a portion of the health care bill that would hit annuity income with Medicare taxes.
Bernie Madoff is serving 150 years in prison for a multibillion-dollar fraud. Norman Schmidt got 330 years for his role in a huge investment scam. And then there's white-collar criminal Sholam Weiss, who isn't due for release until November 2754.
The CLASS Act, which sets up a government-run insurance program, survived the tortuous health-care debate in Congress. But experts can't predict how — or if — the controversial program will work
Investment researcher Morningstar Inc. said Tuesday it acquired the Footnoted business of Financial Fineprint Inc., which reviews companies' regulatory filings and highlights examples of potential financial troubles or excessive compensation.
Participants in 401(k) plans do not want the government to require them to convert a portion of their 401(k) assets to annuities, according to the results of a survey of about 3,000 households released today by the Investment Company Institute.
Federal regulations and legislation that would make it easier for defined-contribution plans to include lifetime-income products are expected to be introduced next year.
Encouraging employers to offer annuities in pension plans will be one of the Labor Department's top regulatory goals in 2010.
The demise of Ivy Asset Management apparently had been anticipated for some months by its employees.
The latest housing initiative announced today by the Obama Administration draws the U.S. government and, by proxy, all taxpaying Americans, further into the inescapable quagmire of a devastated real estate market.
Invesco PowerShares Capital Management LLC today unveiled the first exchange-traded fund to invest in an index of closed-end funds.
Money managers and advisers have spent their careers avoiding Japanese stocks.
The American Council of Life Insurers is asking policymakers to bar the securitization of life settlements.
HSA deposits are expected to top $14 billion in assets this year, up from $1 billion in 2006
An upturn is coming in the publicly traded real estate space, and investors need to be nimble to take advantage, says Ritson Ferguson, manager of the $1.9 billion ING Global Real Estate Fund
Two Bear Stearns executives who ran hedge funds that crashed in 2007 amid the subprime mortgage meltdown were acquitted Tuesday of lying to investors about the looming crisis on Wall Street.
While the Supreme Court's ruling last week on a controversial lawsuit over mutual fund fees was viewed as a huge win by the mutual fund industry, the decision will likely put more pressure on the boards and managements of fund companies to defend their fees and could open the door to even more litigation.
To tap into the potential of some of the world's fastest-growing economies, investors need to look beyond the broad emerging-markets categories and start paying attention to the specific sectors and industries that actually drive performance.
