College Planning
Help your clients take the worry out of saving for college with news and analysis on student debt, 529 plans and other tax-efficient savings vehicles as well as the colleges and college majors that deliver the most value.
May 18, 2011
IMF Warns Greece: Reform or RestructureAccording to an IMF envoy monitoring Greece’s progress in implementing reforms to drive down its debt, those reforms aren’t coming fast enough and that could have dire consequences for Athens.
May 17, 2011
EU Says Greek Restructuring PossibleThis was the first official acknowledgment that such an action might occur, and it was met with swift resistance from other euro zone officials. The effect on European banks and the European Central Bank (ECB), which all hold substantial amounts of Greek debt, would be huge. American banks also hold...
May 17, 2011
Andrew Friedman Says Deficit Will Push U.S. Into Grim Economic FutureAddressing an elite audience of financial advisors at the IMCA conference on the day the U.S. government hit its debt ceiling, Friedman, an expert on government affairs, told a grim tale of rapidly deteriorating public finances amid political gridlock in Washington.
May 16, 2011
CNO Board Approves Share BuybackThe board of CNO Financial Group Inc. has approved a program that could buy back up to $100 million in CNO common shares over the next 2 years.
May 16, 2011
U.S. Debt Limit Deadline Extended by Treasury ManeuversArrival of so-called ‘Debt Ceiling Day’ finds politicians far from a deal.
May 16, 2011
Wolin Says Taxes Could Rise if Politicians Cast Doubt on U.S. CreditTreasury’s Wolin cites risk of ‘double dip recession’ and higher rates on Treasury securities; taxes could rise to pay higher rates.
May 14, 2011
Advisor goals: 7 steps to achieve successIn their book, "Business Mojo: Achieving Success Through Mystical Exploration," brother and sister Dan and Judy Smith highlight seven steps to help people visualize success, believe it and then achieve it.
May 13, 2011
Currencies & Strategy: A Tale of Two ForecastsThe best approach is to maintain a globally diversified equities portfolio along with a healthy mix of hard assets, such as commodities and real estate.
May 12, 2011
Bernanke Tells Senate, Failure to Raise Debt Limit Is 'Risky'; Dodd-Frank Repeal DebatedBen Bernanke said Thursday that failure by Congress to raise the debt ceiling is a “risky approach” that, at a minimum, would result in an “increase in interest rates that would worsen” the nation’s economy. The Senate committee also delved into the implementation of the Dodd-Frank Act and efforts by...
May 11, 2011
EU Reviews Greece Debt Reduction, as Workers StrikeAthens saw the arrival on Wednesday of inspectors from the European Union (EU) and the International Monetary Fund (IMF), who came to conduct a review of Greece's efforts to combat its rising debt and determine whether the country will receive the next aid tranche in its rescue package.