Bond insurers are in talks with banks, looking to wipe away some $125 billion of insurance on debt securities.
Market turmoil and rising interest rates might kick off a new season for the fixed annuity as the product emerges from the shadow of its variable cousin, an industry expert said.
A handful of exchange traded funds are looking to give investors access to frontier markets, or countries that are less developed than traditional emerging markets.
Embedding annuities into target date funds might be the key to offering annuities as an investment option in 401(k) plans.
Economic uncertainty and market volatility are taking donor-advised funds on a roller coaster ride.
Mark J. Schlafly will lead two broker-dealers, FSC Securities Corp. and Advantage Capital Corp., both of Atlanta.
Hedge funds posted positive returns in May, despite growing concerns that inflationary pressures and spiking oil prices would hinder growth rates.
Barclays PLC might receive about $927 million from Sumitomo Mitsui Financial Group Inc. to bolster its depleted balance sheet.
New York Life Insurance Co. has tapped Jon Stenberg to join the company as a senior vice president in the individual-life department.
Investors put more than $75 billion into mutual funds in May, as stock, bond and money market funds reported positive inflows.
Legislation that would require municipal bonds to be rated similarly to corporate bonds was introduced today in the House.
Crude oil prices soared today on the news of an Israeli Air Force exercise that experts say was a show of force aimed at Iran.
Target date funds are benefiting from the requirement that 401(k) plans include qualified default investment alternatives.
The deal would transform Apria Healthcare into a private company wholly owned by Blackstone and its affiliates.
The policy, the Lifetime FlexPlus II, features premiums that are 3% to 5% lower than those of the original version.
The Lance Group specializes in school boards and municipalities and handles benefit plan analysis as well as design.
Pennsylvania Life Insurance has agreed to a $925,000 settlement following allegations of unsuitable annuity sales in Wisconsin.
The firm's Micro Cap Value Fund and International Opportunities Fund will close to new retail investors June 30.
The company invests in mortgage-backed securities that are backed by government-sponsored agencies.
The ETNs are designed to track the short and leveraged performance of base metals and oil.
