The PPA has not increased the security of defined-benefit pension plans, the Pension Benefit Guaranty Corp. said.
U.S. wholesalers' inventories increased at a slower-than-expected rate in August, as demand for goods increased.
The Select Multi-Asset Pool is actively managed and invests in a broader range of asset classes than the program’s other pools.
Pershing will expand its products and services to LPL B-Ds that use Pershing, the firms announced today.
More than two years after the launch of the first variable annuity based on exchange traded funds, VA providers and financial advisers are still ap-proaching the product with caution.
Guy Carpenter and Co. is accused of conspiring with reinsurers to fix prices and eliminate competition.
The clearing firm's B-Ds will provide consolidated performance reporting across all accounts.
JPMorgan Chase analyst Kenneth B. Worthington downgraded Merrill's stock to "neutral" from ''overweight.''
In this newly created role, Gregg Mahalich will oversee Jackson’s wholesale efforts among regional firms.
More than two years after the launch of the first variable annuity based on exchange traded funds, VA providers and financial advisers are still ap-proaching the product with caution.
ING Investment Management Americas will purchase wind energy credits for its domestic operations equal to all of its electricity needs in the hopes of becoming carbon neutral by the end of the year.
Under regulations governing the securities industry, it's not enough for firms merely to archive e-mails; they must be able to furnish them to regulators “promptly.”
My friend Jay figured he was in a win-win situation: He would get $80 from the Internal Revenue Service for participating in an online customer satisfaction survey. In his mind, he would get paid for telling the IRS exactly what he thought about it.
Financial advisers don't suffer from a lack of client data, but too many providers don't offer such data in a consolidated fashion, forcing advisers to find certain types of information on their own.
The walls of Neal Simon's office at Highline Wealth Management LLC are lined with the images of people he and his wife photographed during their travels through China, Guatemala, India, Indonesia and Peru.
As a team of active asset managers, we don't want to own all of the stocks all of the time, to paraphrase P.T. Barnum.
Ken Clark, Barry Glassman, Gerry Strid and Arnerich Massena & Associates Inc. were named winners of the 2007 Community Leadership Awards, which were presented by the Invest in Others Charitable Foundation and <i>InvestmentNews</i>, late last month in New York.
BIS Insurance Services, a Sacramento, Calif. employee benefits insurance broker, will remain in its current location.
The U.S. added 110,000 new jobs last month, following a significant upward revision for the two prior months.
The European Central Bank will leave key interest rates unchanged in light of a favorable medium-term outlook for economic activity in the region.
