An idea being floated by the Securities and Exchange Commission that would make financial advisers gatekeepers for private placements is getting a cold reception.
After 18 years, David Tittsworth is leaving the Investment Adviser Association, a group he led during a period of expanding regulation.
The bill preventing a government shutdown includes SEC funding hike and allowance to cut pensions. Left out is language that would have killed the DOL's fiduciary rule.
Wall Street resistance has helped slow down a pending Department of Labor rule to strengthen standards for advisers to retirement plans. With a re-proposal slated for January, the Securities Industry and Financial Markets Association is urging more of its firms to contact Congress to oppose the measure.
Much has changed in the past two decades when it comes to long-term-care options and how to fund them. Baby boomers and subsequent generations will need to plan for long-term care in a different way than their parents in light of factors such as longer life spans, the uncertain future of entitlement benefits and rapidly rising medical costs.
House is expected to vote Wednesday on legislation that would extend retroactively for one year an assortment of individual and business tax breaks.
Republican lawmakers see tax-extender approval going through before the end of 2014, keeping tax breaks favored by clients in place.
Convinced of Social Security's shakiness, those born from 1979 to 1996 participate in retirement plans at high rates, according to one study.
Bringing bill to a floor vote expected for political gain: The issue may well play out in the Presidential election.
Chicago-based team has moved to LPL's hybrid RIA platform.
Insurance industry calls on DOL to allow propriety sales, revenue-sharing in fiduciary rule; predicts business will “contract dramatically” if agency doesn't give it an exemption to higher advice standard
Recent Supreme Court decision preventing bankruptcy protection for these assets calls for careful planning strategies.
From Bill Winterberg: Which features of Apple's latest operating system advisers need to know. Plus his highlights from Apple's 2014 World Wide Developers Conference.
Why did Sterne Agee <a href="http://www.investmentnews.com/article/20140527/FREE/140529934">fire CEO James Holbrook Jr.?</a> Many want to know, especially since the firm and its former CEO were recently accused of all manner of professional hanky-panky.
<i>Breakfast with Benjamin: Why there's no excitement for this stock rally. </i>Plus: Fee-only RIAs in the catbird seat but they can't relax; the active ETF world heating up; what QE has wrought; on Phil Mickelson and insider trading; and Apple's big day.
Five tips can help you adopt a system that saves time through automated workflow efficiencies
