Steep rate hikes are coming for long-term-care policies written a decade ago.
Even as long-term care costs skyrocket, many Americans have unrealistic plans for how they expect to pay for those services, according to a new survey from the Life Foundation.
New data finds that more than 2 million individual life insurance policies were sold via the Internet, direct mail and telephone.
The growth of mobile Internet usage via smart phones and tablet computers is poised to drive the next major technology cycle, according to Keith Goddard, president and chief investment officer of Capital Advisors Inc.
The nascent secondary market for annuities and their guaranteed benefits could be stunted as the result of a vote last week by state insurance regulators to allow carriers to terminate the annuity benefits if a client sells the contract.
As Congress steps up scrutiny of the credit rating industry, allegations by another former employee of Moody's Investors Service have come to light and the big rating agency is being called to account before a House panel.
The hedge fund industry's premier trade association has made regional alliances a new focus as it beefs up its lobbying effots.
With the real estate investment trust market beginning to stabilize, the time to act is now.
Fidelity Investments says it still isn't offering third-party target date funds on its adviser-sold 401(k) platform. Not all fund companies signing on to the platform understand that to be the case, however.
Did you hear? The credit crisis is officially over — at least according to the handful of hedge fund managers who have shut down their “credit crisis funds” over the past few weeks.
The hedge fund industry may be roundly celebrating 2009 as a comeback—19% returns are always exciting—but it was still a tough year to get into the business, according to a survey just released by Absolute Return + Alpha magazine.
Trying to capture some of the more than $3 trillion in cash sitting in client accounts, advisers are looking outside the style box to identify those undiscovered funds that have the potential to be tomorrow's gems.
Fee income from annuity sales climbed at bank holding companies during the first three quarters of 2009, but sales of fixed annuities in the bank channel slipped, according to two separate studies released last week.
The Managed Funds Association has formed an alliance with the Connecticut Hedge Fund Association as part of its efforts to unite with regional hedge fund associations.
The Managed Funds Association is jumping into the data collection business with an effort to build the most comprehensive hedge fund industry database available.
Financial advisers and branch managers chose American Funds as the firm which best meets their needs for marketing materials, according to a study released today by Financial Research Corp.
A ranking of the world's largest hedge fund managers sharply illustrates the ravages the financial crisis wreaked on firms in the past two years
Standard & Poor's said Wednesday it is changing the makeup of its indices after a number of acquisitions.
