Industry News

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NEWS RETIREMENT PLANNING DEC 02, 2017
Younger baby boomers face hurdles as they approach retirement

A lack of pensions, higher college costs for children and aging parents are among the challenges that may keep them from enjoying their golden years.

By John Waggoner
NEWS RETIREMENT PLANNING DEC 01, 2017
Last chance for retirees to save on drug costs

Medicare Part D open enrollment ends Dec. 7.

By Mary Beth Franklin
NEWS RETIREMENT PLANNING DEC 01, 2017
Senate tax bill is a hike on retail investors

The FIFO mandate favors investment companies, not real people, and should be removed.

By Jon Stein
NEWS INDUSTRY NEWS DEC 01, 2017
Four-person hybrid group leaves SII for Commonwealth

Midwest Financial Group in Wisconsin manages $186 million.

By InvestmentNews
NEWS RETIREMENT PLANNING DEC 01, 2017
Unions could be 'next frontier' for retirement plan litigation

New excessive-fee suit alleges multiemployer plan covering more than 27,000 participants breached its duties under retirement law.

By Greg Iacurci
NEWS RETIREMENT PLANNING DEC 01, 2017
Senate tax bill has something for every Republican to hate

Tax hike provisions and survival of the estate tax are big sources of ire.

By Bloomberg
NEWS RETIREMENT PLANNING DEC 01, 2017
Last chance for clients to save on drug costs

Medicare Part D open enrollment ends Dec. 7.

By Mary Beth Franklin
NEWS RETIREMENT PLANNING NOV 30, 2017
New RIA aggregator enters 401(k) market

Hub International jumped in two months ago, and already has acquired a shop with $2.5 billion in plan assets.

By Greg Iacurci
NEWS INDUSTRY NEWS NOV 30, 2017
Wells Fargo team managing $1B in Anchorage, Alaska moves to Baird

Three veterans collectively have 70 years of industry experience.

By InvestmentNews
NEWS PRACTICE MANAGEMENT NOV 30, 2017
Former Valic broker Craig Edward Lewis barred for no-show

Finra was investigating whether he engaged in prohibited sales activities.

By InvestmentNews
NEWS LIFE INSURANCE AND ANNUITIES NOV 30, 2017
States may strengthen rules for selling annuities

Under a draft proposal being considered by insurance commissioners, agents would be required to put "the interests of the consumer first and foremost."

By Mark Schoeff Jr.
NEWS INDUSTRY NEWS NOV 30, 2017
Bitcoin price breaks $10,000. Here's what history tells us comes next.

Loosely defined, a bubble is a rapid increase in an asset price that's not substantiated by its fundamentals.

By John Waggoner
NEWS RETIREMENT PLANNING NOV 30, 2017
State of the long-term care insurance industry

The future is brighter than the storm clouds of the past

By David O'Leary
NEWS INDUSTRY NEWS NOV 30, 2017
LPL retains $1.1B Discovery Financial

After losing many National Planning Corp. affiliates, company touts the 'keep.'

By InvestmentNews
NEWS LIFE INSURANCE AND ANNUITIES NOV 29, 2017
Have annuity sales bottomed out?

Annuity sales have hit a 15-year low, primarily due to the Department of Labor's fiduciary rule.

By Greg Iacurci
NEWS INDUSTRY NEWS NOV 29, 2017
Bitcoin price breaks $10,000. Here's what history tells us comes next.

Loosely defined, a bubble is a rapid increase in an asset price that's not substantiated by its fundamentals.

By John Waggoner
NEWS RETIREMENT PLANNING NOV 29, 2017
Morningstar: Small-employer retirement plans need legislative fixes

Using 'open MEPs' and auto-IRAs might close the coverage gap and reduce plan costs.

By Greg Iacurci
NEWS PRACTICE MANAGEMENT NOV 29, 2017
Merrill likely next big firm to dump broker recruiting protocol

Recruiters say Merrill Lynch, like Morgan Stanley and UBS, has already moved away from the traditional recruiting model and is more apt to leave the protocol than Wells Fargo.

By Bruce Kelly
NEWS FINTECH NOV 29, 2017
Fidelity and Lincoln collaborate on custom technology suite

Lincoln Financial Network has moved all of its clearing business to Fidelity, and will partner with the firm on fintech developments.

By Ryan W. Neal
NEWS RETIREMENT PLANNING NOV 28, 2017
Trump boosts tax plan with Obamacare assist

Legislation would restore Obamacare cost-sharing subsidies, which Trump said last month he would cut off.

By Bloomberg