Tag: Investing

CPI to Offer Symetra Daily Value Fixed Account

Symetra Life Insurance Company announced its Daily Value Fixed Account (Daily Value) feature for retirement plans is now available on the CPI Qualified Plan Consultants, Inc., retirement program platform.

Doll Says No Boom but Better Investing Conditions in Next Decade

The investing environment for the next 10 years won’t match the boom conditions of the 1980s and 1990s, but will be much better than that of the decade just ended, according to “10 Predictions for the Next 10 Years” developed by Robert C. Doll, Vice Chairman and Chief Equity Strategist for Fundamental Equities at BlackRock, Inc.

Invesco PowerShares Selects New Index for Bond Fund

Invesco PowerShares announced that effective August 2, 2010, the PowerShares High Yield Corporate Bond Portfolio (PHB) began tracking the RAFI High Yield Bond Index and was renamed the PowerShares Fundamental High Yield Corporate Bond Portfolio.

Fixed Income ETFs Continue Growth

Exchange traded fund (ETF) industry assets in the U.S. decreased 0.4% during the first half of 2010, as investors held $772 billion in 897 ETFs as of June 30, 2010, according to State Street Global Advisors (SSgA).

SEC Proposes Rules on 12b-1 Fees

The Securities and Exchange Commission (SEC) has proposed measures aimed at improving the regulation of mutual fund distribution fees and providing better disclosure for investors.

Clients Expected to Increase Donations to Offset Tax Hikes

The majority of financial advisers (87%) expect income taxes to increase for most of their clients in the next 12 to 18 months, with one in four advisers (26%) predicting that their clients will increase charitable giving in order to offset tax hikes, according to a recent study by the Fidelity Charitable Gift Fund.