Economy & Markets
The important economic and stock market news that advisors need to know.
Report shows BHC income up
By staff WriterBank holding companies saw their income earned from the sale and servicing of mutual funds and annuities rise in the first quarter of 2007. The "Bank Holding Company Fee Income Report," compiled by Michael White Associates, shows BHCs reported
April 16, 2008
Flexible lifetime income productAmerica gains a new member to the 60-yearold club every eight seconds, as the baby boomergeneration enters its senior phase. With that in mind, Prudential Retirement, a division of Prudential Financial, introduced Prudential IncomeFlex. IncomeFlex,
April 16, 2008
Company offers income storage benefitAs retirees and those close to retirement realize that their money is going to have to last longer than ever, they are looking for products that help meet that need. The U.S. division of Sun Life Financial is doing what it can to meet the retirement
April 15, 2008
Going GlobalFour themes that are occurring across the globe have compelled the Ivy Funds to launch a new fixed-income fund, the Global Strategic Income Fund. The...
April 15, 2008
Plan To Offer Participants Guaranteed Income UnitsOne financial services giant is working with another to add a new type of investment to its own employees' 401(k) plan.Hartford Financial Services Group Inc., ...
April 15, 2008
Plan To Offer Participants Guaranteed Income UnitsOne financial services giant is working with another to add a new type of investment to its own employees' 401(k) plan.Hartford Financial Services Group Inc., ...
April 10, 2008
Service helps seniors find benefitsMore than 4.5 million seniors will soon have access to a program that may be able to find them more benefits and resources for which they are eligible. Seniors who are members of Humana's Medicare program have access to the National Council on
April 01, 2008
The Bear Stearns ConundrumThe most dramatic event in the wild and woolly month of March 2008 was the shocking, Fed-inspired bail-out of Bear Stearns by JPMorgan. If one...