Industry News

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NEWS RETIREMENT PLANNING APR 12, 2017
Courses available to become a Medicare pro

New online courses explain crucial retiree health care issues for advisers.

By Mary Beth Franklin
NEWS REGULATION AND LEGISLATION APR 12, 2017
JP Morgan Chase puts off plan to move some clients to self-directed platform

As a result of the DOL fiduciary delay, the bank said customers could continue to use financial advisers as they had in the past.

By Bloomberg
NEWS RETIREMENT PLANNING APR 12, 2017
How your tax data could be sold on the internet

Your tax information is far more valuable than your credit card data.

By Bloomberg
NEWS RETIREMENT PLANNING APR 12, 2017
Here's the countries where taxes are highest

Spoiler: The U.S. is not number one.

By Bloomberg
NEWS INDUSTRY NEWS APR 12, 2017
Finra asks for comments on underwriting rules

Self-regulator wants to encourage capital-raising while still protecting investors.

By InvestmentNews
NEWS INDUSTRY NEWS APR 12, 2017
Former LPL broker sentenced to 3 1/2 years in prison for robbing elderly, infirmed client

Connecticut man raided his client's account in $1.2 million theft.

By InvestmentNews
NEWS LIFE INSURANCE AND ANNUITIES APR 12, 2017
State insurance commissioners consider strengthening annuity sales rules

DOL fiduciary rule inspires questions about whether annuity transactions' current suitability standard is sufficient.

By Mark Schoeff Jr.
NEWS RETIREMENT PLANNING APR 11, 2017
Advisers should heed fiduciary principles in ongoing Tibble 401(k) suit

Developments in the excessive-fee lawsuit highlight the duty to monitor investments and the duty of a prudent trustee to be cost-conscious.

By Marcia S. Wagner
NEWS RETIREMENT PLANNING APR 11, 2017
Why the Senate should overturn state retirement rules

A state-level mandatory retirement plan will not solve the problem of Americans not saving.

By Will Hansen
NEWS RETIREMENT PLANNING APR 11, 2017
More 401(k) advisers face litigation risk in June under DOL fiduciary rule

Certain provisions of the rule will kick in putting those affected advisers more squarely in the line of fire of the litigation enforcement mechanism of ERISA.

By Greg Iacurci
NEWS RETIREMENT PLANNING APR 11, 2017
Retirement plan advisers should bone up on lifetime income

Expect rapid product innovation and growing demand in this area, along with considerable business opportunity

By Blaine F. Aikin
NEWS RIAS APR 10, 2017
To serve millennials, advisers must adjust not only fees but their mindset

Advisers have to make accommodations, but some believe the changes are worth it to forge deep and long-term relationships with young clients.

By Jeff Benjamin
NEWS RETIREMENT PLANNING APR 10, 2017
BlackRock sued for alleged self-dealing in its 401(k) plan

The plaintiff takes issue with a so-called "layering scheme" in BlackRock's fund structure, whereby a fund's underlying proprietary investments charge additional fees that "cannibalize" returns for employees.

By Greg Iacurci
NEWS PRACTICE MANAGEMENT APR 10, 2017
Merrill Lynch plans to hire more young advisers

Firm says it will look for talent among teachers, entrepreneurs and former athletes.

By InvestmentNews
NEWS RETIREMENT PLANNING APR 10, 2017
Social Security update for same-sex couples

Claiming rules have evolved since 2015 Supreme Court decision.

By Mary Beth Franklin
NEWS PRACTICE MANAGEMENT APR 09, 2017
Building career pathways to attract millennials

This demographic cohort seeks ever-increasing levels of responsibility and changing experiences.

By Craig Pfeiffer
NEWS REGULATION AND LEGISLATION APR 09, 2017
5 regulatory issues every financial adviser should be watching

Sure, the delay of the DOL fiduciary rule is big news. But there are other important matters going on in Washington.

By Mark Schoeff Jr.
NEWS RETIREMENT PLANNING APR 07, 2017
How you can reduce what you spend on tax preparation this year

Credit Karma tries to break into the business with a $0 product.

By Bloomberg
NEWS RETIREMENT PLANNING APR 07, 2017
Here's where millennials lag behind their baby boomer parents

Millennials are less likely to be married, living with children or own a home than their parents were at their age.

By Bloomberg
NEWS RETIREMENT PLANNING APR 07, 2017
3(38) vs. 3(21) investment fiduciary services: the pros and cons for 401(k) advisers

By Greg Iacurci