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Banking & Finance

Peterkin's life plan shifts to helping people save money

Stan Simpson Special to the Hartford Business Journal |

At 21, Nicole Peterkin's life plan was set. The Montreal, Canada native was a pre-med student at Boson University in 2008 with aspirations of being a surgeon. She would follow in a long line of...

Simsbury Bank parent's 3Q net grows

Gregory Seay |

The Farmington Valley parent of Simsbury Bank & Trust Co. posted higher third-quarter net from greater interest and fee income.

Virtus' 3Q sales, net rise

Gregory Seay |

Hartford wealth manager Virtus Investment Partners Inc. posted a 7 percent earnings gain on a 50 percent rise in sales of its financial-savings products and services.

SS&C's 3Q net, sales strong

Gregory Seay |

Windsor financial-software and services vendor SS&C Technologies posted strong third-quarter earnings on a 9 percent sales gain.

401(k) plans in play as GOP moves ahead on tax overhaul

Ana Radelat | CT Mirror |

As Congress took a major step toward a massive tax overhaul on Thursday — with no help from Connecticut's Democratic lawmakers — the future of the popular 401(k) retirement plan was in...

Millennials are better at saving than the rest of us

CNNMoney |

Young people are saving money and planning ahead.

What's the best way to invest $100K in today's market?

CNNMoney |

I have $100,000 sitting in cash that I'd like to invest. What's the best way to do that in today's market?--R.B.Given today's gaseous stock valuations...

Conning: CT’s credit quality among lowest in U.S.

Matt Pilon |

Hartford investment management firm Conning said Tuesday that Connecticut’s credit quality remains among the lowest in the country.

Trump promises tax reform won't impact 401(k) plans

CNNMoney |

President Trump vowed Monday that the tax break for 401(k) plans will be kept in place under the administration's tax reform proposal, despite reports to the contrary.

The Stag buying Aetna's group life, disability unit

Gregory Seay |

Hartford Financial Services Group Inc. says it will pay $1.45 billion cash to acquire Aetna’s U.S. group life and disability business.

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