Advisor News

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REGULATION, LEGAL & COMPLIANCE MAY 16, 2012
ICI appoints longtime congressional aide to head political affairs

Shevlin brought on board to help thwart money-market reform; has worked for three Dems in the House

By Mark Schoeff Jr.
Don't suffer an IRA tax faceplant
RETIREMENT PLANNING MAY 16, 2012
Don't suffer an IRA tax faceplant

Mistakes with retirement account taxes are common with IRS rules so complex

By LKUYKENDALL
Four-percent rule a relic, advisers say
RETIREMENT PLANNING MAY 16, 2012
Four-percent rule a relic, advisers say

More flexibility with withdrawal rate needed; emerging-markets investments change assumptions

By LKUYKENDALL
Fidelity to SEC: You've done enough money market reform
MUTUAL FUNDS MAY 16, 2012
Fidelity to SEC: You've done enough money market reform

Fidelity Investments is the latest financial firm to fire a shot across the Securities and Exchange Commission's bow regarding money market funds.

By Mark Schoeff Jr.
The return of pensions? Treasury backs annuities in retirement plans
RETIREMENT PLANNING MAY 16, 2012
The return of pensions? Treasury backs annuities in retirement plans

American retirement security now ranks as a top concern of the White House, right up there with unemployment and the federal budget deficit. In a joint announcement Thursday, the Departments of Treasury and Labor unveiled two executive actions to expand the transparency of 401(k) fees and broaden the availability of retirement plan payout options to encourage the use of annuities to provide lifetime income.

By Bloomberg
IRA business to boom, but advisers won't see much of it
RETIREMENT PLANNING MAY 16, 2012
IRA business to boom, but advisers won't see much of it

Large record keepers in the catbird's seat with retirement account assets set to grow by 37% in next four years

By Bloomberg
U.S. economy needs another miracle as productivity slows
RETIREMENT PLANNING MAY 15, 2012
U.S. economy needs another miracle as productivity slows

The world's largest economy may need its second miracle in 15 years as waning productivity growth sets the stage for slower income gains, fewer job opportunities and larger federal deficits in the U.S.

By Doug Cubberley
RETIREMENT PLANNING MAY 14, 2012
Ratings upgrade a real benefit to Security Benefit, says insurer's boss

Kiley says A rating will boost distribution of annuities; carrier's premiums already on the rise

By Darla Mercado
U.S. workers short on long-term disability coverage
RETIREMENT PLANNING MAY 14, 2012
U.S. workers short on long-term disability coverage

Despite employers' cutting back on benefits, few employees purchasing policies on their own 


By Mary Beth Franklin
Social Security makes a statement with virtual benefit estimates
RETIREMENT PLANNING MAY 14, 2012
Social Security makes a statement with virtual benefit estimates

Important financial planning tool now available online

By Mary Beth Franklin
RETIREMENT PLANNING MAY 14, 2012
Making the most of benefits for your clients

By MFXFeeder
How to survive 'taxmageddon' without frying the economy: Orszag
REGULATION, LEGAL & COMPLIANCE MAY 14, 2012
How to survive 'taxmageddon' without frying the economy: Orszag

It is possible to close the budget deficit and leave the recovery mostly intact -- but it won't be easy

By Peter Orszag
RETIREMENT PLANNING MAY 14, 2012
Advisers struggle with disputes over asset valuations

By Bruce Kelly
Buffett rule will clobber Mitt Romney — but won't jolt Albert Pujols
REGULATION, LEGAL & COMPLIANCE MAY 14, 2012
Buffett rule will clobber Mitt Romney — but won't jolt Albert Pujols

Proposal likely to smack those with lots of capital income; ordinary income not so much

By John Goff
RETIREMENT PLANNING MAY 14, 2012
Longevity insurance faces hurdles to become a retirement option

By Darla Mercado
RETIREMENT PLANNING MAY 14, 2012
Health care costs, planning take on more importance

By AOSTERLAND
RETIREMENT PLANNING MAY 14, 2012
Making the case for annuities

By Darla Mercado
REGULATION, LEGAL & COMPLIANCE MAY 14, 2012
Finra enforcement actions, fines way up

Finra was busy in 2011. Very busy. A new survey reveals the regulator conducted almost 1,500 enforcement actions last year. Meanwhile, the SRO meted out close to $70 million in fines -- a nearly 50% increase. And there's more where that came from.

By Mark Schoeff Jr.
Romney aims to wield ax on max tax
RETIREMENT PLANNING MAY 14, 2012
Romney aims to wield ax on max tax

Under plan, top marginat rate would top out at 28%; all personal income tax rates cut by a fifth

By John Goff
EQUITIES MAY 14, 2012
Ex-NFL star Willie Gault accused of stock-pumping fraud

Former olympian, NFL star Willie Gault has been accused by the SEC of taking part in a scheme to artificially inflate the stock of a medical-device company that he managed.

By Doug Cubberley