Insurance firms push mutual funds linking life and equity
The insurance industry increasingly offers mutual funds to policyholders as a fixed dollar and inflation hedge. Major providers like Aetna and John Hancock form or acquire funds while others distribute via agents. Growth faces issues from sales force inexperience and shifting consumer sophistication.
MENTIONED IN THIS ARTICLE
Wellesley Hills
Mass
Cerns
Aetna
John Hancock
Lincoln National
CNA Financial
Tsai Management
American General
Chanping Financial Corp
New England Life
Loomis Sayles & Co
Attorney General Interprets 1970 71 School Salary Changes
The Houston ISD seeks guidance on HB 240 Section 2 Article 2922-14 regarding salary schedules for August 1970 hires. Questions cover whether August 1970 onboarding affects 1969 70 versus 1970 71 pay, fund sources for August pay, and compliance of the August in service days with the ten month year requirement.
MENTIONED IN THIS ARTICLE
Board of Education
Houston Independent School District
R.S
H.B
Vernon
Congress Should Forbid Outside Money to Members
Washington report argues for banning outside income for members of Congress. It highlights Rep. Charles E. Bennett as a model of ethics, notes current disclosure gaps, and calls for stronger ethics rules and public pressure to enforce full financial disclosures. It mentions tax funded salaries, existing loopholes, and the need for reform.
MENTIONED IN THIS ARTICLE
Congress
Washington
D. C
U. S
Charles E. Bennett
Fla
Mr. Clean
Rep
Bennett
House Ethics Committee
House Banking Committee
Senate
House
Charles Bennetts
Economists Admit U S Hit by Recession Amid White House Plan
Washington report says top economists acknowledge a recession with rising unemployment and surging prices. The Nixon administration pursues measures to restrain wage and price increases, tighten import quotas, and lower farm price supports while considering a new bill.
MENTIONED IN THIS ARTICLE
Washington
U.S
White House
Nixon
Houston Lawyers Move and Grants Highlight Local Notices
Houston attorney Truett V. Lively relocates to Hedwig Park II Building Suite 300 8705 Katy Freeway. Danforth Foundation names Dr. Philip G. Hoffman UH president among 20 leaders to receive a two to four month leave grant up to 5000 dollars for expenses. Kennerly Woodward Hall plans move to Esperson Building 815 Walker by June end. A J Novelli opens new office at 7603 Beifort Blvd Suite 190 Valley Towers. Houston Credit Women’s Group schedules spaghetti supper June 27 at Bellaire Community Center contact Kathy Mixon 522 5178.
MENTIONED IN THIS ARTICLE
Houston
Truett V. Lively
Hedwig Park II Building
Suite 300
Katy Freeway
University of Houston
Philip G. Hoffman
Danforth Foundation
Kennerly, Woodward & Hall
Esperson
Walker
A. J. Novelli
Beifort Blvd
Valley Towers Professional Building
Houston Credit Women's Group
Bellaire Community Center
Kathy Mixon
Okun proposes voluntary wage boost formula via commission
Arthur Okun, former chairman of the Council of Economic Advisers and Brookings Institution economist, says a presidential commission should convene business and labor to hammer out a wage increase formula or at least a plan that firms can absorb without raising prices, with the program being voluntary.
MENTIONED IN THIS ARTICLE
Arthur Okun
Johnson
Council of Economic Advisers
Brookings Institution
Dr. Okun
Also Mentioned on This Page
Babson
Insurance Mutual Funds
Harris
Galveston County
Baytown
Dickinson Bayou
Texas
Bert Mills
Lou Schneider
U.S. News & World Report
Stock Swift
Mos
Inside the Daily Court Review
Court of Civil Appeals
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