News

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  Advisors find retirement income planning a challenge

  By Warren S. Hersch  |  May 17, 2013

  Four in 10 financial advisors say having retirement income discussions with clients is very or somewhat challenging.

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  West Virginia files 69 unclaimed property suits

  By Arthur D. Postal  |  May 17, 2013

  Different from those in other states, the suits demand payment of penalties and punitive interest.

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  Obama fires IRS commissioner

  By Stephen Ohlemacher  |  May 16, 2013

  President Obama ousted the acting commissioner of the IRS late Wednesday amid an outcry over the improper targeting of tea party groups.

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  Saudi health workers sickened by SARS-like virus

  By Mike Stobbe  |  May 16, 2013

  The new virus is distinct from SARS, but health officials worry it has potential to flare into a SARS-like international outbreak.

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  IRI Forum speaker: Investors hate the bull market

  By Warren S. Hersch  |  May 16, 2013

  Bull markets normally signify optimism about stock prices and the nation's economic outlook, but many investors today are running scared.

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  Canadians stressed over unexpected expenses

  By Maria Wood  |  May 16, 2013

  The majority of Canadians worry that a major life event, like a disability or death of a spouse, would devastate their finances.

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  3 face charges in NJ of defrauding investor

  By Katie Zezima  |  May 15, 2013

  The men are accused of selling fake Facebook stock and using the proceeds to purchase, among other things, interests in life insurance policies.

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  Allianz Life’s Q1 earnings dip 38%

  By Warren S. Hersch  |  May 15, 2013

  The insurer's first quarter operating profit totaled $134 million, a 38 percent decline from the $217 million recorded a year ago.

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  Insurers address income annuity liquidity concerns

  By Michael K. Stanley  |  May 14, 2013

  Insurance firms that offer income annuities are tweaking the features and designs of the products to allay concerns about liquidity.

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  ELNY liquidation expected in 3Q

  By Elizabeth Festa  |  May 14, 2013

  In the fight on breach of fiduciary duty, Edward Stone plans to sue MetLife, Credit Suisse and N.Y. insurance superintendents.