California is closing its adviser-sold Section 529 college savings plan and folding its $283 million in assets into the state's much larger direct-sold plan, after failing to find a company to manage the adviser-sold plan.
A hefty charge that ING Groep NV will take on its American variable annuity business appears to be a mixed blessing for investors hoping to snap up shares of the company's insurance unit once it makes its public debut.
A new Allianz Life distribution program -- one that rewards top indexed-annuity sellers with exclusive products -- is ruffling feathers among agents and marketing groups
Advisers say mortgage interest deduction makes for an easy target for politicians; could hurt middle class more than rich, though
The proposed elimination of the mortgage-interest tax deduction for second homes will smack a number of states. Here's a look at how each state will fare -- and the additional amount homeowners could pay Uncle Sam. | <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Avis=CI&Dato=20111025&Kategori=FREE&Lopenr=102509999&Ref=PH>The best-performing housing markets</a>
Connecticut has highest per capita income, but plenty of poor folks; solidly middle class now 'solidly hurting'
Market gyrations, low interest rates forces company to scale back; life insurance also nixed here
Lawmakers considering tax reforms turned their focus last week to the implications that changes could have on financial products.
Uncertainty about what Congress does in 2012 confounding clients, tax planners; 'lot of unhappy people'
Sun Life Financial Inc.'s hybrid whole-life and long-term-care product came out just last month, but the insurer is champing at the bit to build market share in a space currently dominated by just a select few.
Falling investment returns, rising costs of necessities has pre-retirees cutting back on prescriptions, skipping doctors' appointments, study finds
A hefty charge ING Groep NV will take on its American variable annuity business appears to be a mixed blessing for investors hoping to snap up shares of the company's insurance unit once it makes its public debut.
Europe will muddle through its financial crisis but is unlikely to craft an enduring solution to calm volatile investment markets.
MetLife Inc., the largest U.S. life insurer, kept the top spot in variable annuity sales in the third quarter by cutting rates to attract customers looking for a consistent return amid equity market declines.
Volatile equity markets and record low interest rates have led major variable annuity issuers to rein in sales, but a few insurers are drumming up business with products that reflect the “new normal”
Fed's low-interest-rate policy making tax-exempt debt very attractive, say portfolio managers; 'renewed confidence'
States, cities face rate cuts as financial pressures mount, credit rater warns; defaults, while rare, could increase
Timing is everything, and the high-profile analyst blew hers with that celebrated muni meltdown prediction for 2011; she still may end up being right, though
