IRS Settlement Program Refers To Annuities
By Allison BellTax regulators want to block an arrangement that some executives have used to cut taxes related to stock options.[@@]The Internal Revenue Service has unveiled ...
February 22, 2005
Aetna Updates Flex Claims, Adds Behavioral SiteNU Online News Service, Feb. 22, 2005, 4:03 p.m. ESTA Hartford health insurer has announced 2 major changes to its plan administration technology.[@@]The insurer, ...
February 22, 2005
Roye Says He's Leaving SECWASHINGTON (HedgeWorld.com)--Paul Roye plans to leave the U.S. Securities and Exchange Commission and take a job in the private sector. Mr. Roye, who has headed the...
February 22, 2005
Asset Flows Slowed in Fourth Quarter: TASSRYE, N.Y. (HedgeWorld.com)--Hedge fund investing slowed down toward the end of 2004, but the industry still managed to absorb a record US$123 billion in net inflows, according to research from Tremont Capital Management Inc.'s* TASS Research division. The fourth quarter saw the lowest net asset flow number TASS recorded all...
February 22, 2005
Short-Sellers Welcome January Thaw, While CTA Performance Is Put on IceNEW YORK (HedgeWorld.com)--Dedicated short-bias funds took investors by surprise posting a gain of 6.96% in January, according to the CSFB/Tremont Hedge Fund Index. At the same time, managed futures strategies gave up 5.39% after putting up healthy performance figures in recent months. Last month's index results show the strategies at...
February 22, 2005
Roye Says Extended Lock-Ups May Raise Red FlagsKEY BISCAYNE, Fla. (HedgeWorld.com)--Hedge fund managers who extend their funds' lock-up periods beyond two years risk raising the suspicions of investors and the U.S. Securities and Exchange Commission, Paul Roye, director of the SEC's Division of Investment Management, told attendees at a Managed Funds Association seminar on hedge fund regulation....
February 18, 2005
Earnings: NFP, Clark, Scottish Re, Assurant, OthersThe broker compensation investigations cast a shadow this week over life and benefits distributors' reports on their latest quarterly results.[@@]National Financial Partners Corp., New ...
February 18, 2005
NAIFA, Blues Support Report Criticizing AHPsNU Online News Service, Feb. 18, 2005, 5:01 p.m. ESTInsurance industry groups have joined with consumer groups to oppose a health coverage proposal that ...