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Monday, June 11, 2012

Reuters Money: Insight: Demand soaring for pension transfers to insurers

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06/11/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Insight: Demand soaring for pension transfers to insurers
BOSTON/NEW YORK (Reuters) - Last week's deal by Prudential Financial to take on $26 billion of the retirement liabilities of General Motors has reignited a part of the American insurance market that had been bouncing along the bottom in recent years.
Toronto braces for a deflating condo bubble
TORONTO (Reuters) - Each panelist at a recent Toronto real estate conference had a reason why the city's condo market is not a bubble. But the developers, the lender, the receiver, the marketer and the real estate agent each talked about the things that worry them.
Insight: Google goes softly-softly on European antitrust
BRUSSELS (Reuters) - Google is searching for the answer to a four-billion-dollar question: can a new, gentler approach from a U.S. tech giant persuade the European Union to be more lenient in competition cases?
Dads worth less than moms around house: study
(Reuters) - Fathers of America, you may consider yourselves indispensable, but a new survey says you're only worth about one-third as much as mom around the house.
Foreign investment cuts both ways in Toronto condo market
TORONTO (Reuters) - Talking about Toronto's condo craze has become something of a sport for residents of Canada's largest city, where soaring real estate prices and a forest of construction cranes have fed speculation of a real estate bubble.
Exclusive: Spain poised to request EU bank aid Saturday
MADRID/WASHINGTON (Reuters) - Spain is expected to ask the euro zone for help with recapitalizing its banks this weekend, sources in Brussels and Berlin said on Friday, becoming the fourth country to seek assistance since Europe's debt crisis began.
Morningstar reviewing BlackRock energy fund rating
NEW YORK (Reuters) - Morningstar Inc is reviewing its rating on BlackRock Inc's Energy & Resources Fund due to a potential conflict of interest regarding one its portfolio managers, the investment research company said.
Stocks have fans on Wall St despite Europe's woes
NEW YORK (Reuters) - Despite heading into what looks to be a third straight summer of volatile markets, big U.S. brokerages and financial advisers say investors should not abandon stocks, though many advise caution on buying more.
Drill for income with energy stocks
CHICAGO (Reuters) - Whenever the threat of an economic slowdown starts hulking around like a cranky bear, I look to essentials that are important to me as a long-term investor, like energy. Then I consider what investors need most while they watch share prices dip, and that is steady dividends.
Get ahead of the coming gift-tax-apalooza
NEW YORK (Reuters) - If you're a wealthy American who's planning to hire an estate or trust attorney later this year, here's a thought: Good luck. You're going to need it.
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Insight: Demand soaring for pension transfers to insurers
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