The Goldman Touch
Wed, Apr 28, 2010
The complex deal at the heart of the SEC’s case against Goldman Sachs may reveal Wall Street to be a labyrinth or casino, but it doesn’t necessarily establish fraud.
Wed, Apr 28, 2010
The complex deal at the heart of the SEC’s case against Goldman Sachs may reveal Wall Street to be a labyrinth or casino, but it doesn’t necessarily establish fraud.
Wed, Apr 21, 2010
“The banks shouldn’t be running casinos on the side,” said former Fed chairman Paul Volcker at the Hyman P. Minsky Conference in New York last week.
Wed, Apr 14, 2010
At LIMRA's 2010 Retirement Industry Conference, consultant Timothy Pfeifer identified the deferred and immediate products that he thinks are ideal for insurers, distributors and investors today.
Tue, Apr 06, 2010
A financial planner compares and contrasts three ways to create monthly income for life from a typical reverse mortgage.
"SecureFoundation" wraps a lifetime income rider around a set of proprietary target date funds for an all-in annual fee of 160 basis points.
A PIMCO executive’s new book is an ode to custom target date funds—and offers a glimpse of the Allianz unit’s retirement business strategy going forward.
Wed, Apr 28, 2010
"The sustainability of any positive trends in AIG's operations depends on how well it manages its business in this current economic environment," said a new GAO report.
Wed, Apr 28, 2010
Wells Fargo & Co. accounted for $678 million, or almost 26%, of bank annuity fee income in 2009, thanks to its acquisition of the perennial leader in bank annuity sales, Wachovia Bank.
Wed, Apr 28, 2010
Aruna Hobbs, who joined New York Life in November 2009 from AEGON Insurance, will lead the new unit.
Wed, Apr 28, 2010
Under an Agriculture Committee-backed bill, insurers who use derivatives to hedge against interest rate risk would have to use standardized derivatives contracts listed on exchanges.
Wed, Apr 28, 2010
Participants in Vanguard-administered plans put $21.4 billion into target-date funds in 2009, up from $680 million five years earlier.
Wed, Apr 28, 2010
“Robust equity markets” markedly improved earnings in both group and annuity operations.