An Idaho insurance agent is the focus of a civil complaint by state regulators, accused of spending investor money on personal and business expenses and not investing it as promised.

The Virginia College Savings Plan (VCSP) is partnering with BB&T Corporation to expand CollegeWealth, a higher education savings account combining the tax advantages of Internal Revenue Code Section 529 programs with the security of an FDIC deposit account.

Bank holding companies generated 29% more revenue from the sale of annuities last year than in 2007 and set a record with annuity sales of $2.61 billion.

Sales rose from the …  Read →