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Insurance

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DeWaay Financial Network gives up its broker-dealer license

DeWaay Financial Network LLC has given up its broker-dealer license, according to filings with the U.S. Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA), a private regulator.

The Clive-based financial services company …

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Principal Global Investors names new head of emerging markets

Principal Global Investors LLC has named Mihail Dobrinov as head of its emerging market equities team. Dobrinov joined Principal Global Investors in 1995 as an international and emerging market debt and currency specialist. He joined …

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BERKO: If bar tabs were like taxes

Several weeks ago, I was one of six panelists at a collegial meeting with some very serious small business owners in Dallas to share my views and to answer and discuss questions on the economy. …

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BERKO: Coins as inflation hedge?

Dear Mr. Berko:

I am 46 and hope to retire in 20 years. I want to invest about $50,000 in gold or silver or gold bullion or coins as an inflation hedge. Then, 21 years …

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BERKO: AARP annuity rate on the low side

Dear Mr. Berko:

I recently celebrated my 80th birthday. I’m fairly healthy, and I have a good monthly income from Social Security and two pensions, plus more than $286,000 in the bank earning almost nothing. …

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Aviva parent, U.S. subsidiary present different views of sales

Aviva USA officials are painting a much rosier picture of their company’s recent sales performance than is the company’s London-based parent, Aviva PLC, which this morning said it is actively seeking to sell its U.S. …

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Aviva confirms talks for sale of U.S. operations

Aviva PLC said Thursday that it expects a sale of its Aviva USA business will come at a “substantial discount,” confirming for the first time that it is in discussions to sell its West Des …

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Lincoln Savings Bank enters Greater Des Moines market

Cedar Falls-based Lincoln Savings Bank, which has operated mortgage production centers in Greater Des Moines, will open a full-service banking operation Dec. 17 at 13523 University Ave. in Clive, the current location of a Liberty …

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How not to fall off the fiscal cliff

A host of federal tax breaks are set to expire on Dec. 31 unless Congress takes action. Collectively, they are part of what is being called the “fiscal cliff.” Some of the tax breaks are …

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Marsh & McLennan reports higher earnings

Marsh & McLennan Cos. Inc., a global insurance and benefits consulting firm, reported income from continuing operations in the third quarter of 2012 was $246 million, or 43 cents per share, compared with $133 million, …