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.
That’s a 15% decrease from the estimated $4.0 trillion issued last year, according to a SIFMA forecast.
Charles Plosser expects the economy to experience "several quarters of sluggish growth in 2008 ..."
Scores of executives talk about globalization, but lately Ronald O'Hanley seems to be living it.
The U.S. economy is in a recession, Merrill Lynch and Morgan Stanley economists wrote in research notes today.
Great American Insurance is accused of submitting a false insurance premium quote.
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.
Investing in disadvantaged communities is going mainstream, with a variety of investment vehicles springing up.
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.
Dave Liebrock will be an adviser at Captrust, working mostly with plan sponsors in the mid-market 401(k) space.
Western money managers are pouring into the Middle East in hopes of luring its fast-growing pools of petrodollars.
Fixed and variable annuity sales at banks rose to $4.2 billion in October, a 14% gain.
Peter Smyth is now senior vice president and director of strategy, development and operations for international wealth management.
Growth in U.S. payrolls slowed to a trickle and the unemployment rate increased significantly in December.
But financial-services firms trimmed 5,000, marking the third decline in the last five months.
