Amid signs of inflation, European Central Bank today left its key interest rate unchanged at 4.0%.
The model act covers the secondary market for life insurance, including disclosures for viatical settlements brokers.
Natixis Global Asset Management LP of Boston announced today that David Giunta has been named president and chief executive of Natixis Global Associates.
Further rate cuts will be needed to "support growth and to provide adequate insurance against downside risks," he said.
Charles Zhang, consistently Ameriprise's No. 1 producer this decade, left Jan. 2 to join LPL.
New Jersey and Iowa 529 college savings plan contracts, up for renewal this year, are now out of play.
MBIA Inc. said that the SEC and the New York Insurance Department have started informal inquiries into a deal that the company made with private-equity firm Warburg Pincus LLC.
Maura Collins is CFO and Vanessa Rodriguez has been promoted to vice president and controller.
She will replace Fred Castellani, who will retire at the end of February, ending a 12-year career with the firm.
Judson P. Doherty will be responsible for the delivery of PMFM’s 401k Toolbox service.
Charles Plosser expects the economy to experience "several quarters of sluggish growth in 2008 ..."
That’s a 15% decrease from the estimated $4.0 trillion issued last year, according to a SIFMA forecast.
The U.S. economy is in a recession, Merrill Lynch and Morgan Stanley economists wrote in research notes today.
Scores of executives talk about globalization, but lately Ronald O'Hanley seems to be living it.
Now that annuities are becoming accepted as part of an overall retirement income program, fee-only planners are wondering whether they should sell the products themselves or refer sales to outside agents.
Today's grandparents are spending about $50 billion a year on their grandchildren — with about $25 billion of that going toward investments, a recent survey has found.
Great American Insurance is accused of submitting a false insurance premium quote.
Dave Liebrock will be an adviser at Captrust, working mostly with plan sponsors in the mid-market 401(k) space.
Investing in disadvantaged communities is going mainstream, with a variety of investment vehicles springing up.
