Economy & Markets
The important economic and stock market news that advisors need to know.
Fox Succeeds Corbin As BISYS CFO
By Staff WriterNU Online News Service, Sept. 25, 2003, 1:44 p.m. EDT -- The BISYS Group Inc., New York, has promoted James Fox to chief financial ...
September 07, 2003
Banks 1Q Investment Earnings Fell As Insurance Fee Income RoseBanks 1Q Investment Earnings Fell As Insurance Fee Income RoseBank insurance fee income rose slightly in the first quarter of 2003, while bank investment fee ...
September 07, 2003
Tax Court Rules That Loan Offsets Were Income To Former AgentAn insurance agents renewal commissions, which were used by his former employer to repay outstanding advances and loans, constituted unreported income according to the Tax ...
August 27, 2003
Towers Perrin: U.S. Pension Funded Level Rises 4%NU Online News Service, Aug. 27, 2003, 4:21 p.m. EDT -- The funded level of the typical U.S. defined benefit pension plan probably increased ...
August 25, 2003
Survey: Few Use Stocks, Bonds Or Funds For College SavingsNU Online News Service, Aug. 25, 2003, 12:24 p.m. EDT -- Only 52% of U.S. parents with children under 18 say they have started ...
August 25, 2003
Weiss: Weak Investment Returns Plague Annuity IssuersNU Online News Service, Aug. 25, 2003, 5:33 p.m. EDT -- Eighty-seven life insurers earned too little investment income in 2002 to fund their ...
August 15, 2003
ING Lets Fixed Annuity Premiums Fall 75%NU Online News Service, Aug. 15, 2003, 4:25 p.m. EDT -- The ING Groep N.V., Amsterdam, says it's had a tough time maintaining spreads ...