News

Displaying 42981 results
OPINION MAR 17, 2008
DOL proposes full disclosure plan

Ambrose Bierce, the famous American journalist, defined the word "oath" as a "solemn appeal to the deity, made binding upon the conscience by a penalty for perjury."

By Bloomberg
INDUSTRY NEWS MAR 17, 2008
WaMu's executive bonuses ignite backlash

Washington Mutual Inc.'s annual shareholder meeting April 15 will be no love fest.

By Bloomberg
OPINION MAR 17, 2008
This baby isn't Babar

In this election year, no one is discussing the elephant-in-the-room problem that is devouring an ever-larger share of the nation's federal budget — Medicare.

By MFXFeeder
INDUSTRY NEWS MAR 17, 2008
New exchanges to the rescue?

Companies holding auction-rate securities have a new escape option: an emerging secondary market for trading the now-illiquid instruments.

By Bloomberg
LIFE INSURANCE AND ANNUITIES MAR 17, 2008
Correction

Due to a technical error, an old story about Robert R. Carter stepping down from his role as president of NFP Insurance Services Inc., ran in today's INDaily.

By Investment News Team
INDUSTRY NEWS MAR 14, 2008
Consumer sentiment at 16-year low

U.S. consumer sentiment has slipped to its lowest level since 1992, according to a University of Michigan/Reuters survey.

By Bloomberg
INDUSTRY NEWS MAR 14, 2008
CPI holds steady

Cheaper gas prices were a major reason the consumer price index was unchanged in February.

By Bloomberg
LIFE INSURANCE AND ANNUITIES MAR 14, 2008
Jackson National’s earnings rise

Jackson National Life reported today a 14% earnings increase and $4.1 billion in revenue for 2007.

By Bloomberg
LIFE INSURANCE AND ANNUITIES MAR 14, 2008
Advisers focus more on health of insurance carriers

By Bloomberg
REGULATION AND LEGISLATION MAR 14, 2008
SEC charges execs with insider trading

The Securities and Exchange Commission charged the vice chairman of the International Securities Exchange and two financial consultants with alleged insider trading.

By Bloomberg
INDUSTRY NEWS MAR 13, 2008
Dimon: Housing mess relief a year away

"it looks to me, [recession is] what we're in right now, JPMorgan Chase chairman and CEO James Dimon said.

By Bloomberg
INDUSTRY NEWS MAR 13, 2008
Retail sags, U.S. imports grow

With gas prices soaring and the economy struggling, retail sales slid 0.6% in February.

By Bloomberg
LIFE INSURANCE AND ANNUITIES MAR 11, 2008
Fixed annuities sales down 9% in '07

Estimated sales of book value annuities totaled $6.9 billion, while sales of indexed annuities totaled $6.3 billion.

By Bloomberg
INDUSTRY NEWS MAR 11, 2008
U.S. trade deficit rises slightly

The U.S. trade deficit inched up in January, according to the Department of Commerce.

By Bloomberg
OPINION MAR 10, 2008
Drawing down retirement money

Over the past six months, I have done extensive research on the best ways to draw down assets to create retirement income, including looking at the effect of taxes on that process.

By Bloomberg
BROKER DEALERS MAR 10, 2008
Round Table: Regulation - Round-Table discussion transcript

The following is an edited transcript of the round-table discussion.

By MFXFeeder
BROKER DEALERS MAR 10, 2008
Becoming a thriving enterprise

Financial advisory firms have evolved from home-based businesses, to one-man shows, to full-fledged, thriving enterprises with multiple professionals and sometimes many staff members.

By Bloomberg
BROKER DEALERS MAR 10, 2008
Indie broker-dealers welcome SEC plan

The SEC's proposed changes to Regulation S-P may slow down recruiting of independent reps, but executives with independent broker-dealers nonetheless are relieved that the agency has given some potential guidance on the issue.

By Bloomberg
INDUSTRY NEWS MAR 10, 2008
Wholesale stats rebound in January

Farm product sales jumped 16.1% for January and 73.3% from the year-ago period.

By Bloomberg
OPINION MAR 10, 2008
Tax reform needs top-to-bottom analysis

Two tax reform issues are likely to collide over the coming months, and the fallout could be painful for high-income taxpayers.

By MFXFeeder