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The Fidelity tech team has come up with a new way to help prevent independent financial advisors from enjoying their vacations

With a 98% retention rate, USAA Federal Savings Bank seems to have little room to improve customer service. But it's spent the past two years and millions of dollars overhauling systems to do just that.

While some bankers are secretly gleeful the Consumer Financial Protection Bureau does not yet have a director, they are the ones likely to pay a heavy price as a result.

The Conference Board Employment Trends Index gained 0.50 percentage points in June, rising from 99.5 to 100.00 — an increase of 5.4% from June 2010.

Morningstar has added sophisticated asset allocation and forecasting functionality to Morningstar Direct, its investment analysis platform for institutional investors.

American Beacon Advisors has launched the American Beacon Flexible Bond Fund, which seeks to deliver positive returns no matter what the market direction by investing in a broad range of fixed income instruments.

After a period of booming sales in first quarter of 2011, annuity sales through banks have fallen off significantly, according to a new report by Kehrer-LIMRA, the banking industry research unit of LIMRA.

The new financial advisor team, which operates under the name VWG Wealth Management, includes John Verfurth, Richard Weeks and Jeff Grinspoon.

BlackRock reviews its accuracy for the year so far. Barclays advises on building a muni porfolio. Raymond James sees reasons to buy.

American Beacon Advisors has launched the American Beacon Flexible Bond Fund, which seeks to deliver positive returns no matter what the market direction by investing in a broad range of fixed income instruments.