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Company/Trade Group News

LPL to buy National Retirement Partners

by Editorial Staff

Thu, Jul 15, 2010

Over the past decade, LPL has become the largest independent contractor broker-dealer in the industry. In 2000, the firm had 3,569 advisers. It had 12,026 as of March 31.

PIMCO Unveils Sovereign Bond Benchmarks

by Editorial Staff

Wed, Jul 14, 2010

Instead of giving the highest weights to countries with the most debt, PIMCO's new indices will give the highest weights to countries with the highest income based on GDP.

Correction

by Editorial Staff

Thu, Jul 15, 2010

Last week, an article in RIJ misdescribed Axa Equitable's Retirement Cornerstone variable annuity.