-
Dow Jones has added four new indexes to its growing family of required business performance (RBP) indexes. The new indexes are designed to measure the likelihood that companies can deliver the performance required to support their current stock prices.
May 3 -
It used to be that dividend-paying stocks and stock funds were seen as fit only for orphans and widows. But following the market volatility of 2008 and the current uncertainty of the low-yielding bond market, investing in companies that pay dividends is now seen as a prudent choice.
May 3 -
Connecticut's financial hub is struggling to rebound in the wake of the recession, but planners hope the area's relatively low real estate rates and high vacancies could attract jobs back to the area.
May 3 -
Overall sales of annuities though bank holding companies were up slightly at $2.62 billion in 2009, according to the latest Michael White-American Bankers Insurance Association Bank Annuity Fee Income Report. The results, however, were skewed somewhat by BHC-in-name-only Morgan Stanley.
May 3 -
Women are living longer, but that doesn’t necessarily mean they are prepared for the risks of longevity.
May 3 -
Two veterans of the hedge fund world are touting a product they say lets advisers focus less on investment decision-making and more on business development and client service.
May 3 -
Jackson National Life Insurance has expanded the sub-accounts available for its variable annuities and variable universal life products with the addition of six of the funds in the American Funds Insurance Series.
May 3 -
Ameriprise Financial has put the finishing touches on its nearly $1 billion purchase of Bank of America’s long-term asset management business Columbia Management. The original agreement dates back to last September.
May 3 -
Working within existing regulations for 401(k)s and other defined contribution plans, Nationwide Financial Services is proposing 401KIncome, a new choice for workplace savings that includes an annuity option.
May 3 -
Putnam Investments has appointed Kelly Marshall as head of investment product management.
May 3