Economy & Markets
The important economic and stock market news that advisors need to know.
VA Guarantees May Be 'Hot,' But For Reinsurers, Not
By Jim ConnollyVA Guarantees May Be Hot, But For Reinsurers, NotByThe word invariably used to describe guarantees in variable annuities is "hot," as in very popular. But ...
June 19, 2003
Justin Thomson of T. Rowe Price International DiscS&P Rank: 3 Stars June 2, 2003 Reopening
June 17, 2003
Manulife Updates VA Guarantee RiderNU Online News Service, June 17, 2003, 10:48 a.m. EDT -- Manulife USA, Boston, has updated the Guaranteed Retirement Income Program, an optional rider ...
June 17, 2003
Hewitt: 401(k) Participation Rate Falls 2.8%NU Online News Service, June 17, 2003, 9:35 p.m. EDT -- Participation in 401(k) plans seems to be falling, according to Hewitt Associates L.L.C., ...
June 01, 2003
Still GlitteringFirst Eagle's funds, run by Jean-Marie Eveillard, 62, who is set to retire in 2005, and Charles de Vaulx, 41, who will take sole management...
May 29, 2003
Market Commentary -- 10 a.m.May 29, 2003 -- Stocks are moving higher once again following the release of key economic data: 1st-Quarter GDP (preliminary) was revised to a 1.9%...
May 21, 2003
Conseco Postpones Reorganization Plan Voting DeadlineNU Online News Service, May 21, 2003, 5:01 p.m. EDT -- Conseco Inc., Carmel, Ind., says the U.S. bankruptcy court in Chicago has given ...