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What the ABACUS 2007-AC1 Offering Circular Says

by Editorial Staff

Wed, Apr 21, 2010

In the Offering Circular for the CDO at the heart of the SEC lawsuit against Goldman Sachs, the investment bank disclaims any fiduciary responsibility toward other parties in the transaction.

New York Life Reports 2009 Financials

by Editorial Staff

Wed, Apr 21, 2010

Operating revenue reached a new high and the firm expanded its surplus by $2 billion, to $15 billion.

Principal Financial Introduces Participant Planning Tool

by Editorial Staff

Wed, Apr 21, 2010

The new tool gives financial professionals access to a comprehensive library of education plans and materials, the company said.

Affluent Still Nervous, Merrill Lynch Survey Shows

by Editorial Staff

Wed, Apr 21, 2010

Almost three out of four affluent baby boomers ages 51-64 are concerned about whether their assets will last throughout their lifetime.

RIIA Weighs In on In-Plan Income Options

by Editorial Staff

Wed, Apr 21, 2010

Lifetime income options should be offered by all defined contribution plans, but they shouldn't be mandated elections for all participants, RIIA says.