ING Groep NV will close its registered indexed annuity to new sales Oct. 31 after a little more than a year.
The government is hoping that its upcoming support for lifetime-income solutions such as annuities will encourage companies to add these options to their retirement plans for employees, but some worry that Uncle Sam isn't giving a big-enough push
Index up 6.3% this year, far outstripping S&P 500; 'sweet spot'
Gains in performance -- and cuts in manufacturing costs -- have dramatically lowered the cost of solar energy. In fact, experts say the sun will rival coal as a cheap power source within two years. Says one expert: 'We're very close to grid parity.' Advisers, take note.
But alternative-energy shares getting a boost from renewed fears about atomic energy.
History is on the side of a Santa Claus rally by the stock market at the end of the year, but the bigger issue is what it means for stocks next year if that year-end rally doesn't pan out.
Broker-dealers that sold billions of dollars in allegedly fraudulent private placements failed massively in their due-diligence responsibilities to investors.
President Barack Obama today signed into law a bill that would kill a withholding tax on government contractors even before it was levied for the first time.
Republican lawmakers coming over to the idea that Uncle Sam must raise more revenue to make real impact on deficit; Grover Norquist not thrilled
MF Global's bankruptcy illustrates again that excessive financial leverage is dangerous, that regulators must remain on high alert for dangerous situations and that they must act expeditiously when they perceive that a firm's leverage appears too high
Carriers that have been stalwarts in the variable annuity industry are trying their hand at manufacturing and selling fixed indexed annuities.
In many ways the global economic crisis is like a marriage gone bad.
For those with a long horizon, I am sure well-managed forestry and farmland will outperform the average of all global assets.
With hindsight, there are a few additions and qualifications I would like to make regarding my letter on resources of <a href=http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20110426/FREE/110429963>last quarter.</a> I will start with an overview of the prospects for our collective well-being: there is nothing about the resource limitation problem that we cannot resolve. We have the brain power and, especially, the inventiveness.
State regulators continue to investigate claims that life insurance carriers may be failing to pay out death benefits or submit the money to the state in a timely fashion. Not surprisingly, this has attracted the attention of tort lawyers.
Critics say it's smart for carriers to deny life insurance claims for allegedly spurious reasons. Why? Because they make money off the float.
Financial advisers are calling on insurers to enhance their suite of variable annuities, saying that clients are turned off by falling accrual rates on living benefits and insufficient investment choices
U.S. Senate Democrats are proposing to use a 3.25 percent surtax on income over $1 million to pay for extending and expanding a payroll tax cut, setting up a test vote as early as this week.
The percentage of Americans who changed residences reached its lowest point last year in more than six decades, according to the Census Bureau
Barton Biggs, the hedge fund manager who bought stocks when the market bottomed in 2009, cut bullish bets on equities, amid concern that the odds of a U.S. recession have increased.
