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GuaranteesMatter.com, a microsite from New York Life Insurance, is designed to offer consumers educational and planning materials to help them navigate the changing financial landscape, by showcasing guaranteed products.

Bank of America’s Merrill Lynch Wealth Management unit has launched a new U.S. marketing campaign, “help2retire_____,” to illustrate individuals’ evolving retirement priorities and personal aspirations. Budgeted at $20 million, it launched Monday and is scheduled to run through the end of April on broadcast network and national cable TV, as well as print and online consumer and trade magazines, including sister publication Financial Planning.

Starting March 31, the WisdomTree Japan Total Dividend Fund will be renamed the WisdomTree Japan Hedged Equity Fund and, while still providing the same equity exposure and using its dividend-weighting methodology, begin to hedge Japanese yen exposure against the U.S. dollar.

In helping the middle-class save for retirement, President Obama may have also given a boost to the annuities sector.

The White House plans to promote “the availability of annuities and other forms of guaranteed lifetime income, which transform savings into guaranteed future income, reducing the risks that retirees will outlive their savings or that their retirees’ living standards will be eroded by investment losses or inflation.”

Merrill Lynch is currently offering one of the top compensation deals on the Street.

Derek Bruton, Trevor Norton named to run hybrid RIA business

Playing a role in preparing heirs is a key way for advisors to distinguish their businesses, be more visible among centers of influence, get client referrals and maintain heirs as clients.

MassMutual reported record sales of its life insurance products last year.

In the wake of the financial crisis more and more consumers are concerned about runaway executive pay practices.

Switzerland’s Federal Administrative Court has ruled that the agreement for UBS to disclose the identities of 4,450 U.S.-based taxpayers to the IRS violates the country’s banking secrecy laws.

Stripping Rules Coming by July

U.S. District Judge William Alsup said that a 2007 e-mail that a Charles Schwab managing director wrote could prove to be a “mea culpa smoking gun” since the executive says Schwab should tell investors it misrepresented risks in the short-term bond fund.

House Financial Services Committee Chairman Barney Frank (D-Mass.) is considering a bill that would require mutual funds, pension plans and other large institutional investors to publicly reveal how they vote their proxies, to impose proper corporate governance on otherwise passive investors who, seemingly, don't vote in the fiduciary interest of their end investors.

He will run all phases of the company’s businesses, including life insurance, long-term care insurance, variable annuities, 401(k) plans, fixed products and mutual funds, the John Hancock financial network and investment management services.

GuaranteesMatter.com, a microsite from New York Life Insurance Co., is designed to offer consumers educational and planning materials to help them navigate the changing financial landscape.

Citing national security concerns, the Federal Reserve Bank of New York pressured American International Group to withhold data about bailout payments passed along to counterparties, according to a report by Reuters.

Misra and Psyllidis will become joint global heads of FICC at UBS

Just how unattractive do deposits have to get before they quit growing?

Zions Bancorp., still struggling with its commercial real estate portfolio, lost $182 million in the fourth quarter and $1.2 billion for the year but reported improvements in credit quality and capital.