New Year's Eve legislation that averted trillions of dollars of automatic tax increases and spending cuts was brimming with provisions that permanently extended many Bush administration tax cuts. What was missing, however, was language that provided direction on comprehensive tax reform. All kinds of ideas are filling the void.
it is understandable when people rely on simple retirement maxims to get past their insecurities and fears. Unfortunately, those adages are often a poor fit.
Finra is seeking comments on its controversial bonus disclosure plan. Don't expect any love letters.
Fingers crossed for product enhancements, ratings upgrades.
Moody's lowers financial strength grade for Aviva Life; third reduction in three months
Hot third-quarter indexed-annuity sales help propel industry, PE-backed insurers show staying power
Many observers think newly designated SEC chair Elisse Walter will be a lame-duck boss. They may be wrong. <a href=http://www.investmentnews.com/article/20121127/FREE/121129970>Dwyer: Krawcheck, please</a> &raquo;
Say league is tossing up a brick with reliance on annuities; 'solution of last resort'
Union paid $4.8M to members of union chief's family for financial planning, legal services
Regulatory reform and protecting independent contractor reps also big.
Finra wants to tighten up its arbitration procedure. For starters, the self-regulator aims to bar hedgies and mutal fund executives from panels.
Good news – plan sponsors see big bounce in performance after adding new funds; bad news – it doesn't last.
Politics trumps logic, basic math in Capitol Hill cat fight
Allegedly tipped girlfriend, business partner about M&A deals
To start scrapping savings incentives would undermine the foundation of our retirement system, risking wider damage
Congress and the president have time before they need to come to grips with the budget deficit, but they would be wise not to squander it on partisan bickering.
