Pacific Life Launches Industry-First Advisory Fixed Annuity with No Withdrawal Charges
“Pacific Harbor is the first fixed annuity developed specifically for the RIA market, with no commission or withdrawal charges,” - Ryan Stowe asst. vp
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Ackman SPAC Will Need New Law to Beat Lawsuit, Investor Says
Lawsuit could have wide-ranging implications for financial industry if court determines SPACs generally should be regarded as investment companies.
Omicron Variant: Employers in 'Wait and See' Mode on Returning to the Office
U.S. companies are considering whether they need to rethink their still nascent return-to-office policies.
Robinhood Short Sellers Winning Big as Brokerage’s Shares Tumble
Investors who have sold borrowed shares in company, anticipating they can buy back after they fall, have seen $253 million in mark-to-market gains.
Deutsche Bank’s Rising Star Has a Rapid Change of Fortune
At start of this year Asoka Woehrmann was sitting pretty. DWS Group, had hitched his firm’s wagon to the surge in investor demand for all things ESG.
Isle of Man Trust Company Fined
Three directors deemed not to be ‘fit and proper’. Isle of Man Financial Services Authority fined trust and corporate services provider Bridgewater.
Cathie Wood Worries ARKK Clients May Miss Out by Selling Dip
“Our concern for our clients is so significant that I get really upset when I think that they’re selling at the low or the other way around..."
