Regulators deny life insurance industry's request to lower capital, surplus standards
By Staff WriterInsurance regulators have denied a request from the life insurance industry to relax capital and surplus requirements. The National Association of Insurance Commissioners reached the...
January 30, 2009
SEC, FINRA aim to increase oversight amid criticismFacing criticism over the Madoff scandal, officials are looking for ways to increase broker/dealer and investment advisor oversight. At a Senate Banking Committee hearing this week,...
January 30, 2009
FlexQuotes automates insurance salesCreative Marketing's new program FlexQuotes(TM) will allow an agent's clients to shop for life and health insurance products online. The program will feature a full service quoting engine and payment capabilities and will be available
January 29, 2009
Hedge funds: Investor fears and attitudes75% -- Percentage of investors who haven't changed their hedge fund allocations in response to the economic crisis. 8% -- Percentage of investors who...
January 29, 2009
Senators doubt SEC's ability to regulateSenate Banking Committee Chairman Christopher Dodd said government regulators need to pay more attention to potential fraud by fund managers, according to MarketWatch. "Seems to me we need to go back and revisit the whole model for examining
January 29, 2009
Seven principals for successThere are seven practices that should form the core of your practice to be successful, according to Thomas Rieman. In his book, "Bridging the Value...
January 29, 2009
CFP Board Announces 2009 Chair of Disciplinary and Ethics CommissionThe Board of Directors of Certified Financial Planner Board of Standards, Inc. (CFP Board), has announced the 2009 Chair and two new members to its...
January 29, 2009
Labor Department's new ruling on employee access to retirement advice faces debateThe U.S. Department of Labor's new rule allowing employees in 401(k) type plans and individual retirement accounts (IRAs) more accessibility to investment advice from employer-sponsored...
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