CalPERS Gives Rating Agencies an FFF
In a new lawsuit, California's state pension fund blames the 'issuer pay system' at the top three rating agencies for part of its investment losses last year.
Feeling TIPSy
Seeing the potential for inflation ahead, analysts now recommend inflation-protected Treasuries, or TIPS,
more strongly than ever. But 401(k) participants buy few TIPs, and not every plan offers them.
A Short Cut to Long-Term Care Insurance
United of Omaha, Genworth Life, Bankers Life, and OneAmerica have introduced LTC/annuity hybrids in the run-up to January 1, 2010, when distributions from annuities to pay nursing home bills will be tax-free.
Raising Private Savings
What might be called the financial version of universal health care is currently the topic of intense discussions and negotiations on Capitol Hill.
Featured
Hold Brokers and Advisors to One Standard, SEC Chief Says
Mary Schapiro told Congress she favors requiring broker-dealers and investment advisers to act solely in the interests of their clients when providing advice.
Martin Weiss on the CalPERS Suit
There have been 'egregious manipulations and conflicts of interest that go beyond what is generally known,' Weiss told RIJ.
News
Insecurity Grows Among Retirees
LIMRA's survey shows an increase in the numbers of retirees who feel they need a personal financial advisor.
Massive Drop in 300 Large Company Pension Funds: Towers Perrin
In fiscal 2008, the combined funds of the companies in the TP 300 fell from a $47 billion surplus to a $339 billion shortfall.
Crisis Investigators Appointed
Brooksley Born, who warned about the impending crisis while head of the Commodities Futures Trading Commission, is among the sleuths.
NAVA Becomes “Insured Retirement Institute”
NAVA's rebranding effort began last October, when Cathy Weatherford replaced Mark Mackey as the trade group's CEO and president.
Interest Rates To Stay Very Low: Bernanke
But 'Helicopter Ben' said the Fed will take steps to avoid inflation, if necessary.
PIMCO Expects Erosion in Value of U.S. Dollar
In its third-quarter market outlook report, the fixed-income giant shares its strategy for this year and beyond.
