Advisers are being pelted with a dizzying array of new insurance products. But as quickly as products develop, so, too, do the challenges, which include evaluating carriers’ financial health and deciding which product might be favorable in a given economic environment.
An index of consumer sentiment based on 5,000 households remained relatively flat this month, according to a report released today by The Conference Board, a business research firm.
Your client was a victim of a Ponzi scheme and wants to know whether he can deduct a loss on his tax return for the fraudulent behavior of the investment adviser.
European stock markets rose modestly Tuesday following a mixed Asian session as investors picked up beaten-down stocks but remained acutely aware that the rally could run out of steam in the run-up to this Thursday's G-20 summit of world leaders.
Wall Street has ended a tumultuous March on a high note, managing its first winning month this year and its best monthly performance in nearly seven years.
Inflation in the 16 nations that use the euro hit a record low in March, growing just 0.6 percent from a year ago as oil prices slumped, the EU statistics agency said Tuesday.
More employer-sponsored retirement plans may start to offer Treasury and government money market mutual funds to minimize the risk of losses, according to a survey of plan consultants released today by Pacific Investment Management Co. LLC.
The economic crisis is deeply interconnected with other crises facing the nation, former Vice President Al Gore told more than 2,000 people at the Citi Performing Arts Center Wang Theatre in Boston last night.
President Barack Obama said today that neither General Motors nor Chrysler has proposed sweeping enough changes to justify further large federal bailouts, and demanded "painful concessions" from creditors, unions and others as their price for survival.
Mercer and Callan Associates halted plans to merge their investment consulting businesses, according to a Callan news release.
There's some good news about mutual funds returns and other economic indicators, but it's not yet time to start popping Champagne corks, industry experts say.
Bank stocks retreated today amid fresh concerns that financial firms will need additional capital to weather the ongoing credit crisis and recession.
A marketing technique called framing is being looked at with suspicion even thought it often produces a positive result — getting people to save for retirement.
Public pensionN executives are accelerating a move into indexed assets in the face of disappointing returns from active managers and to get a better handle on their risks.
In his new role atop Fidelity Investments' custodian business, Charles Goldman is trying to revamp its service culture while keeping up troop morale amid constrained budgets.
The stock market's historic implosion over the past year has only worked to bolster the spirits of true dividend-investing junkies.
The governmnet says more states logged double-digit unemployment rates in February, with North Carolina and Rhode Island seeing their rates hit record highs.
The Commerce Department reported Friday that consumer spending edged up 0.2 percent in February, in line with expectations. That follows a huge 1 percent jump in January that was even better than the 0.6 percent rise originally reported.
