Britain's former prime minister, Tony Blair, kicked off the Schwab Impact 2011 conference with a sober assessment of the challenges raised by the Arab Spring and expressed concern that short-term political considerations could thwart long-term solutions to problems facing the global economy.
Northern Mariana Islands plan in deep trench, with $268M in assets, $911M in liabilities
Claims big losses from partnerships that failed to provide anticipated tax benefits
Opponents of a pending Department of Labor rule that would increase the standards for investment advice for retirement plans have insisted that the agency conduct a cost-benefit analysis before proposing a regulation. The difficulty the agency faces in satisfying critics was evident at an event in Washington on Tuesday.
Americans are sick of watching politicians squabble in a capital riven along partisan lines – a sentiment that is reflected by investment advisers.
At $6B, Margaret Cargill top donor in U.S. in 2011; Michael Bloomberg, George Soros also big givers
Carrier aims to pull away from 'capital-intensive' products — including annuities
Turnkey asset manager in talks with Transamerica Life Insurance Co. and The Phoenix Cos. to develop income-producing product
Executives at life insurance companies can breathe a sigh of relief now that the proposed federal long-term-care insurance program — the CLASS Act — has been killed
Workers in Northern Mariana look to halt fund's filing for court protection; benefits could be slashed by more than half