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With investors increasingly moving to lower-cost, passively run funds, the firm says it plans on countering the resulting record redemptions by merging with Henderson Group.
October 25 -
The improved outlook for the world's largest developing economy has helped increase clients' risk appetite.
October 25 -
Workers over 60 can expect an increase in Social Security taxes next year but they won't get as much in return.
October 24
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It's unknown how many of Scottrade's 1,000 brokers and 800 RIAs will ultimately be part of the new firm
October 24
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Genworth CEO Tom McInerney has been selling assets so the insurer has enough liquidity after being hit by losses on its long-term care coverage,
October 24
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While many are woefully uninformed about the mechanics of Social Security, better information alone is not enough to guarantee better claiming behavior.
October 24
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The new recruits come from Morgan Stanley and Wells Fargo Advisors.
October 24
