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
Dire prediction by high-profile analyst fails to pan out; tax-exempt debt sees 10.5% gain this year
Albert Pujols may have made a smart decision signing with the L.A. Angels instead of the Florida Marlins or sticking with the St. Louis Cardinals. His tax attorney may have a different view on the subject, however.
This was supposed to be the year the muni market went to hell in a handbasket. But with yields now matching -- and even surpassing comparable Treasuries -- tax-exempt bonds are suddenly very hot. | <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20111208&Category=FREE&ArtNo=120809999&Ref=PH&Params=Itemnr=PH>The ten muni funds investors flocked to in 2011 &raquo;</a>
Even with reforms, advisers could sally forth with new schemes
Unsecured debt for company maintenance facility now trading at 16 cents on the dollar
President Barack Obama's plan to cut the budget deficit repeats his call for curbing the tax exemption on municipal bonds and would give states a break on unemployment debts owed the federal government
