Two major life insurers are providing disaster relief to Haiti by making donations to the earthquake-ravaged republic.
Institutional investors are focusing on opportunities in the natural-resources sector by investing in timberland to hedge against inflation.
Both large and small financial services firms joined the worldwide effort to relieve the suffering caused by the earthquake in Haiti.
Moneta Group, a large financial planning and retirement benefits firm, has hired a team of A.G. Edwards Inc. veterans who last year produced around $1.3 million in revenue and managed about $300 million of client assets.
As December winds down, now is the time to reflect on the last year and determine what, if anything, you would have done differently in your practice or even in your personal life
Swiss Reinsurance Co. Ltd. last week introduced a $75 million catastrophe bond that covers extreme mortality risks.
Utah announced modifications to its Section 529 college savings plan today, including lower fees on some investment options and more flexibility in asset allocation.
Their perspectives are different—one representing business, the other labor unions. But Thomas Donohue, president and CEO of the U.S. Chamber of Commerce, and Richard Trumka, president of the AFL-CIO, agree on the urgency of creating jobs to get the economy moving forward.
Rising loan losses at JPMorgan Chase & Co.'s consumer bank and a disappointing reading on consumer sentiment sent investors rushing from stocks Friday.
It would seem to be an obvious conflict of interest for a Wall Street firm to create an investment product, sell it to its clients and then bet that the product would fail.
The Senate Special Committee on Aging is considering proposing legislation that would require all managers of qualified default investment alternatives in defined-contribution plans to act as fiduciaries under ERISA — a move that would place much more stringent requirements on all managers of target date funds, target risk funds and balanced funds.
Federal regulators are proposing new requirements for brokerage firms aimed at reining in risk from their trading customers who are able to get split-second access to markets to buy or sell stocks.
Companies with international operations are set to take advantage of a global economic recovery in 2010 continuing the rally that began in 2009.
A California couple has filed suit against The Variable Annuity Life Insurance Co., an AIG Inc. subsidiary, claiming the company's sales agents misled investors about the tax advantages of using variable annuities in qualified retirement plans.
New life insurance premium levels at banks leapt by nearly 60% during the third quarter, beating the overall industry's growth for the second consecutive quarter, according to data from Kehrer-LIMRA.
Finra has barred a registered representative after finding that the Virginia rep had misrepresented the return a client would receive on a deferred annuity.
Though adults know it would be disastrous to lose their income due to a disability, it seems only a minority of them actually insure against that risk.
