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Wells Fargo today posted a jump in profit in the third quarter, boosted by a release of its credit loss reserves as the recovery from the coronavirus pandemic accelerated in 2021, CNBC reported. Third-quarter net income rose …
Index funds have become such a ubiquitous tool for investors that it’s easy to forget that they’re a relative newcomer on the financial scene. Here’s a good summary — a good read in itself — …
HealthPartners UnityPoint Health’s Medicare Advantage plans have been awarded five-star ratings from the Centers for Medicare and Medicaid Services for 2022. The top rating from CMS places HealthPartners UnityPoint Health as one of the highest-rated Medicare …
The U.S. Labor Department proposed a rule today that would greatly expand the ways in which retirement and pension plans can invest in ESG products, Bloomberg Law reported. The DOL’s Employee Benefits Security Administration’s proposal would reverse …
A group of seasoned wealth advisory professionals has launched Private Wealth Asset Management LLC, a sophisticated wealth management and financial services firm designed to serve ultra-high-wealth individuals and families in Iowa and Nebraska.
The firm’s …
Despite COVID-19 hitting nonprofit organizations particularly hard last year, nonprofit workers participated in 403(b) retirement plans at the highest level since tracking began in 2008, according to an annual 403(b) Plan Survey from the Plan Sponsor Council …
American Equity Investment Life Holding Co. announced that it has closed its previously announced reinsurance transaction with North End Re SPC, a wholly owned subsidiary of Brookfield Asset Management Reinsurance Partners Ltd. Under the terms of the …
Seven of the 17 Iowa-based companies on the Business Record’s Iowa Index posted stock price gains for the month of September. One company posted double-digit percentage gains in the month. Ten Iowa-based stocks posted losses, …
CareSource, a nationally recognized nonprofit managed care organization, has announced its intention to submit a proposal to serve Iowans covered by Medicaid and the Children’s Health Insurance Program. In May, the Iowa Department of Human …
American Equity Investment Life Holding Co. announced Tuesday it will partner with BlackRock and Conning to manage its core fixed income assets. The move is expected to eliminate fewer than 20 investment positions in Iowa by …
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