News

Displaying 42973 results
OPINION OCT 15, 2007
What do we want? Social Security reform, now!

Social Security was once the third rail of politics. For years, the conventional wisdom held that if politicians mentioned the system's financial problems and so much as alluded to changing anything, they faced electrocution in the court of public opinion and a grisly end to their career

By Investment News Team
INDUSTRY NEWS OCT 12, 2007
Richest get even richer

The wealthiest Americans took a record slice of the income pie in 2005, according to an IRS report.

By Bloomberg
INDUSTRY NEWS OCT 12, 2007
Consumers spend despite price boosts

Rising energy costs bumped overall producer prices up 1.1% during, but consumers were happy to open their wallets.

By Bloomberg
LIFE INSURANCE AND ANNUITIES OCT 12, 2007
Nebraska insurance director dies

Nebraska insurance director L.Tim Wagner died on Tuesday, according to the National Association of Insurance Commissioners.

By Bloomberg
INDUSTRY NEWS OCT 11, 2007
Michigan rep probed by regulators

One of the nation's top producing registered reps is under investigation by Michigan securities regulators.

By Bloomberg
ALTERNATIVES OCT 11, 2007
Private-equity tax said to be alive in House

The private-equity tax hike will not go gentle into that good night, according to published reports.

By Bloomberg
REGULATION AND LEGISLATION OCT 11, 2007
House eyes replacement for AMT

House Republicans have introduced a bill that would repeal the AMT with an optional “simplified tax.”

By Bloomberg
RETIREMENT PLANNING OCT 10, 2007
No help for plans from PPA, says study

The PPA has not increased the security of defined-benefit pension plans, the Pension Benefit Guaranty Corp. said.

By Bloomberg
INDUSTRY NEWS OCT 10, 2007
Indies growing, but wirehouses have assets

The number of brokers at independent dealers will catch up to the number of wirehouses in three years.

By Bloomberg
INDUSTRY NEWS OCT 10, 2007
Wholesale inventories remain flabby

U.S. wholesalers' inventories increased at a slower-than-expected rate in August, as demand for goods increased.

By Bloomberg
INDUSTRY NEWS OCT 09, 2007
Vanguard adds pool to charitable program

The Select Multi-Asset Pool is actively managed and invests in a broader range of asset classes than the program’s other pools.

By Bloomberg
INDUSTRY NEWS OCT 09, 2007
Pershing and LPL join forces

Pershing will expand its products and services to LPL B-Ds that use Pershing, the firms announced today.

By Bloomberg
LIFE INSURANCE AND ANNUITIES OCT 08, 2007
Advisers, providers remain skeptical on ETF-based annuities

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.

By Bloomberg
LIFE INSURANCE AND ANNUITIES OCT 08, 2007
Marsh unit sued by Connecticut AG

Guy Carpenter and Co. is accused of conspiring with reinsurers to fix prices and eliminate competition.

By Bloomberg
FINTECH OCT 08, 2007
First Southwest to send platform via B-Ds

The clearing firm's B-Ds will provide consolidated performance reporting across all accounts.

By Bloomberg
WIREHOUSES OCT 08, 2007
Analysts downgrade Merrill Lynch stock

JPMorgan Chase analyst Kenneth B. Worthington downgraded Merrill's stock to "neutral" from ''overweight.''

By Bloomberg
INDUSTRY NEWS OCT 08, 2007
Jackson names VP of eastern B-Ds

In this newly created role, Gregg Mahalich will oversee Jackson’s wholesale efforts among regional firms.

By Bloomberg
LIFE INSURANCE AND ANNUITIES OCT 08, 2007
Advisers, providers remain skeptical on ETF-based annuities

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.

By Bloomberg
INDUSTRY NEWS OCT 08, 2007
ING takes carbon-neutral path

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.

By Bloomberg
INDUSTRY NEWS OCT 08, 2007
Warn clients about IRS phishing scams

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.

By Investment News Team