The SEC yesterday released what it is calling a new “reader friendly” variable annuities summary prospectus and rules designed to improve investors’ understanding of the complex contracts. But while ...
Changes to the rules setting out how mortgage lenders treat those with variable rates have been dismissed as a waste of time. The Central Bank is to force banks to tell variable mortgage customers ...
The Reserve Bank of India on Friday said private sector banks should subject the variable pay of the whole-time directors and other key personnel to mechanisms that prevent vesting of all or part of ...
Fiscal rules are being increasingly used by both emerging and developed economies. This paper analyzes two alternative fiscal policy rules in terms of their impact on debt sustainability: a rule that ...
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