SEC to defend indexed-annuities rule
By Staff WriterAttorneys representing the Securities and Exchange Commission will appear in a federal appeals court Friday to defend the agency's new rules which classify indexed annuities...
May 06, 2009
Health Care to Cost $240,000A 65-year-old couple retiring in 2009 will need about $240,000 to cover medical expenses in retirement even with Medicare insurance coverage, according to Fidelity Investments' latest health care cost estimate.
May 06, 2009
Investors pour billions back into mutual fundsLong-term mutual funds saw the biggest net inflows in April since February 2007. According to estimates released Wednesday by Strategic Insight, investors put nearly $20...
May 06, 2009
Living with Dividend CutsAs widely reported, it's been a tough stretch for investors who rely heavily on dividends for their retirement income. So, how can an adviser help clients replace income that's been lost to dividend cuts? Several experts share their views.
May 06, 2009
Immediate Annuities Gain FavorDepleted investment portfolios, reduced dividend payouts, and low interest rates have created a much more challenging environment for retired income investors. Consequently, immediate annuities' guaranteed lifetime income has become more attractive.
May 06, 2009
Five Questions for the Top Retirement Advisor: Ted Willer of Smith BarneyTed Willer, Financial Advisor & Senior Investment Management Consultant; Smith Barney, Indianapolis, Ind.
May 05, 2009
Bernanke forecasts slow recoveryIn testimony before the Congressional Joint Economic Committee Tuesday, Federal Reserve Chairman Ben Bernanke said it is expected that economic activity will bottom out...
May 05, 2009
Senate committee examines life insurance "flipping"The Senate Special Committee on Aging has expressed concern about the policy of selling life insurance policies to investors, fearing that the practice may amount to fraud in some cases.
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