Despite initial concerns about portability, cost and complexity, annuities in defined contribution plans are slowly gaining momentum, according to a new report.
Speculators seem to know more than political pundits when it comes to predicting election outcomes.
A broker who was recently booted from the securities industry has cost Next Financial Group Inc. and Raymond James Financial Services Inc. dearly — with the two firms paying out almost $850,000 to settle cases involving clients who got burned.
Of all the firms targeted by Eliot Spitzer when he was cleaning up abuses on Wall Street, none suffered more than Marsh & McLennan Cos.
Mark R. Fetting thinks that he can hit the ground running as the new president and chief executive at Legg Mason Inc.
Sen. Hillary Clinton's bid for the White House may rekindle momentum behind a bill she co-sponsored last year that would offer a tax break on some annuities, according to a retirement trade group.
Total brokerage client assets reached a record $1.99 trillion, a 17% increase from the previous year.
People are no longer content to merely walk with God. They want to invest with him, too.
“This will create one platform and one-stop shopping for broker-dealer customers,” said Incapital CEO Tom Ricketts.
The value of its super-senior-credit-default swap portfolio declined $5.9 billion and not $1.6 billion, AIG reported to the SEC.
Fourth quarter profits down 50% at Nationwide, off 29% at Protective Life.
The gross domestic product will improve slightly because of the $150 billion economic stimulus package.
Texas Tech University's financial planning department to honor J. Thomas Bradley Jr. as “Visionary of the Year.”
Company wants to be a high-net-worth 'pure-play', reports a 90% drop in fourth-quarter income.
Survey shows consumers are worried about jobs, investments.
John Hancock Financial's team will act as a resource for financial planners and advisers on tax and estate planning issues.
Prudential's fourth-quarter net income fell to $792 million, or $1.75 per share, from $893 million.
The two firms are paying out almost $850,000 to settle cases involving clients burned by Gregory Horton.
Fidelity's gift fund reached a record level of $1.17 billion in grants to charity in 2007 — an increase of 24% over 2006.
