Economy & Markets
The important economic and stock market news that advisors need to know.
Which GLWB Is "Best?"
By Jack MarrionToday's annuities have many types of guaranteed lifetime withdrawal benefit features. This raises the question: which is the best GLWB? The answer depends.
April 15, 2009
Mutual fund taxes slam fixed-income investors"Taxes are going to rear their ugly head in mutual funds," Duncan Richardson of Eaton Vance Corp. told Bloomberg back in November. Surprise, surprise...
April 08, 2009
Insurance stocks rally following TARP announcementLife insurance stocks rallied this morning following word from the Treasury Department that it plans to offer bailout funds to struggling companies. Shares in this...
April 06, 2009
401(k)s show drop in stock exposureFor the first time in over a decade, American workers held less than half of their 401(k) money in stocks, according to findings from Hewitt...
April 03, 2009
Firms Form Income AllianceEnvestnet Asset Management Inc. will be marketing income annuities and stand-alone income guarantees from Nationwide Life Insurance Company.
April 02, 2009
Firms Form Income AllianceEnvestnet Asset Management Inc. will be marketing income annuities and stand-alone income guarantees from Nationwide Life Insurance Company.
April 02, 2009
Dow climbs more than 250 pointsBy 11:15 a.m. the Dow Jones Industrial Average was higher by more than 255 points or 3.5 percent, climbing over the 8,000 mark for the...