Strap on the Fitbit: John Hancock to sell only interactive life insurance

John Hancock, one of the oldest and largest North American life insurers, will stop underwriting traditional life insurance and instead sell only interactive policies that track fitness and health… Read Entire Article On Reuters

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Medicare supplement plans are changing: What you need to know

If you are buying a Medicare supplemental policy in the United States, make sure you choose your insurance carefully over the next few months. Read Entire Article On Reuters

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‘Who broke the law?’ Cohn says in defending Wall Street’s role in crisis

Gary Cohn, the former economic adviser to U.S. President Donald Trump, gave a ringing endorsement of Wall Street bankers on Monday, arguing that borrowers were just as responsible for the 2007-2009… Read Entire Article On…

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Traders take Fed’s cues, pile on bets on U.S. rate hikes

Bond traders are increasing bets the Federal Reserve will raise U.S. short-term interest rates into 2019 as the jobs market tightens and with inflation seen climbing above its 2 percent goal. Read Entire Article On…

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Investors favor lower-risk bonds in latest week: Lipper

Investors favored lower-risk U.S. bond exposure during the latest week, Lipper data showed on Thursday, as trade conflicts, an emerging market crisis and contradictory economic news spoiled the idea… Read Entire Article On Reuters

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Exclusive: Hedge fund Diamondback founders Schimel and Sapanski plan new fund – sources

The founders of Diamondback Capital, one of a handful of hedge funds touched by the U.S. government’s insider trading probe, have reunited and are working on a new investment project, people familiar… Read Entire Article…

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Exclusive: First Reserve plans $3 billion buyout fund as energy rebounds – sources

First Reserve Management LP is seeking to raise $3 billion for a new buyout fund, making it the latest energy-focused private equity firm moving to capitalize on an oil price recovery that is… Read Entire…

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Fidelity Investments winds down $3.5 billion index fund

Fidelity Investments is winding down a fund that had more than $3 billion in assets last year, with the Boston-based money manager citing an overlap in holdings of other funds used in its target-date… Read…

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Standard Chartered to part ways with three senior Asia bankers in coverage revamp: sources

Standard Chartered is parting ways with three senior Asia-focused bankers and possibly with some mid- and junior-level bankers, as the British lender moves ahead on a plan to cut costs and revamp its… Read Entire…

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Australian insurer hired a private eye to surveil mentally ill woman

An Australian life insurer paid a private investigator who covertly filmed a mentally-ill woman eating breakfast, holding hands with her partner and undressing at a swimming pool in a bid to find… Read Entire Article…

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iM Global buys stake in U.S. liquid alternatives firm

Investment firm iM Global Partner bought a stake in Dynamic Beta investments, a U.S. firm that tries to duplicate large hedge funds’ strategies but for far lower fees. Read Entire Article On Reuters

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COLUMN: U.S. government seeks to help small-business workers save for retirement

Both approaches have advocates when it comes to a critical retirement security goal: getting more workers at small businesses to save for retirement. Read Entire Article On Reuters

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U.S. mutual fund investors flee domestic stocks in latest week: ICI

U.S. mutual-fund investors sprinted out of domestic stocks at the fastest pace in nine weeks as trade talks seemed to deteriorate and social media executives were grilled by lawmakers, Investment… Read Entire Article On Reuters

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Australia’s CBA rejected heart attack insurance claim using outdated model

The insurance arm of Commonwealth Bank of Australia rejected a trauma payout to a customer using outdated criterion that found his heart attack was not severe enough, a powerful public inquiry into… Read Entire Article…

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Trump’s rhetoric may lead to fairer global trade: Allianz’s El-Erian

The trade battles being pursued by U.S. President Donald Trump’s administration are likely to lead to fairer but still free global trade, said Mohamed El-Erian, chief economic advisor at the Allianz… Read Entire Article On…

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Australian insurers under fire over retention tactics and claims handling

Australian insurers use high-pressure tactics to prevent customers from cancelling their policies and even hang up on them when they attempt to do so, a powerful public inquiry into the financial… Read Entire Article On…

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Australian insurers suffer share sell-down as retention tactics scrutinized

Australian insurers use high-pressure tactics to prevent customers from cancelling their policies and even hang up on them when they attempt to do so, a powerful public inquiry into the financial… Read Entire Article On…

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Retired hedge fund boss Martin Taylor says he plans to get back in the game

British investor Martin Taylor, who closed his $1.5 billion hedge fund Nevsky Capital and retired at 46, plans to get back in the market with a fresh perspective and a new firm. Read Entire Article…

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