Displaying 7756 results
Some firms opting to sell fixed annuities under best-interest contract exemption to keep trips, bonuses intact
While financial institutions are able to sell deferred-income and immediate annuities under a less onerous exemption, some are opting to sell under BICE to keep certain compensation arrangements intact.
First set of FAQs on fiduciary rule coming ‘very soon,’ but deadline extension ‘not likely’: DOL’s Borzi
'This first set of FAQs will focus on some of the questions that have been raised in connection with the exemptions,' Borzi said. (More: A comprehensive, searchable database of advisers' fiduciary FAQs)
Adviser compensation, rollovers most complex factors under DOL fiduciary rule
Determining adviser compensation under BICE is likely the "single most complicated thing" in the rule, according to attorney Fred Reish.
Finra alleges former broker made unsuitable energy investments for elderly clients
Retirees lost $140,000 after Christopher Ariola unduly concentrated them in energy, gold.
China Oceanwide agrees to buy Genworth for $2.7 billion in cash
A China Oceanwide investment platform will pay $5.43 per share, the companies said.
Big gap between Social Security cost-of-living adjustment and retiree inflation
Miniscule benefit hike won't protect seniors' buying power.
DOL fiduciary rule won’t help some 403(b) retirement plans
The plans in public school districts — often a "laissez-faire" type of arrangement exposing teachers to high-fee products — won't be helped by the new regulation.
DOL fiduciary rule promotes a ‘business form of skydiving’
Broker-dealers can try shielding themselves from risk as much as possible, but lawsuits are inevitable and could prove difficult to defend, attorneys said.
Stars aligning for use of annuities in 401(k) plans
Many plans don't offer annuities, and those that do see little participant uptake, but more regulatory clarity, better products and heightened interest will likely lead to greater prevalence.
Divorce might be the worst financial plan of all
Plus: Congress paves the road to becoming filthy rich, NextShares gains traction, and banking on a Clinton victory
Social Security cost-of-living adjustment to get 0.3% increase in 2017
This is the fourth consecutive year of COLAs falling below 2%.
How to coordinate Social Security disability and retirement benefits
Spouses can claim benefits when mate collects disability.
Coordinating Social Security disability and retirement benefits
Spouses can claim benefits when mate collects disability.
Social Security cost-of-living adjustment expected to be lowest ever
Small increase will create a Medicare nightmare as premium hikes will vary.
Small Social Security cost-of-living adjustment likely for 2017
But increase would be seven times higher if pegged to Consumer Price Index for the elderly.
How reverse mortgages work as a source of retirement income
A home equity conversion mortgage — more commonly known as a reverse mortgage —is becoming harder to dismiss as an income tool for retirement plans.
How proposed caps could impact IRA and 401(k) accounts
Both the 2016 and 2017 proposed fiscal budgets included a $3.4 million limit on retirement savings for an individual.
Answers to advisers’ top questions on IRS’ late IRA rollover relief
Advisers can avoid all of these 60-day rollover issues by using only direct trustee to trustee transfers whenever possible.
DOL fiduciary rule will trim 401(k) advisers’ stable of record keepers, asset managers: study
The ever-present push toward lower-fee products and services plays a large role in advisers' consolidation of providers.
Alternative investments have made little headway in getting on retirement plan menus
Some argue that company-sponsored plans, viewed as the holy grail of asset management, are greatly in need of more options.
