Selection process will be like a suitability standard on steroids, requiring an analysis like those done by a financial planner.
A financial scandal showing harm to the unsuspecting public — even if conducted outside the advice industry — will live on in the minds of voters and politicians.
Plus: Goldman pushes the Fed, Elizabeth Warren's latest grandstand, and premium gas is usually a rip off
Some broker-dealers and RIAs are turning to third parties to begin the tough task of educating advisers on the new regulation. <b>(Plus, <a href="http://www.investmentnews.com/section/fiduciary-focus" target="_blank">find the answers to all of your questions on the fiduciary rule</a>.)</b>
Deputy assistant secretary Timothy Hauser also says liability exposure is relative to portfolio size, so regulation shouldn't prevent serving clients with modest assets.
Senate panel urges agency to improve guidance on when to claim benefits after a study by the Government Accountability Office showed government representatives often give out misleading information.
The funds are more flexible than annuities, but can't guarantee a set payment for life.
Hybrid strategy between active management and index funds needs to perform and be cheap.
We need to be candid about the realities facing today's pre-retirees.
Many economists believe a recession is still a possibility, which has been stoked by the breakdown in traditionally reliable indicators.
Plus: Here comes the bear market for bonds, Vanguard leads the way in net inflows this year, and Obamacare continues to crumble
Plus: T. Boone Pickens takes on President Obama's energy policy, how traders navigated the Fed, and starting your day off right
Longevity, rising costs make preparing a solid health-care budget next to impossible. <b>(Related read: <a href="//www.investmentnews.com/article/20160413/BLOG05/160419958/health-care-costs-squeeze-retirement-savings"" target=""_blank"" rel="noopener">Health-care costs squeeze retirement savings</a>)</b>
Most don't expect they could pass a hacking-preparedness test if the SEC came knocking, or even know all the compliance factors they are responsible for, according to a new Financial Planning Association study.
Make sure clients are accessing their accounts or otherwise taking steps that would deem their accounts active.
But high-income retirees might pay more, get less.
Yet another slowdown in growth comes as the industry faces increasing regulatory costs related to the <a href="http://www.investmentnews.com/section/fiduciary-focus" target="_blank">DOL fiduciary rule,</a> according to an annual benchmarking study by <i>InvestmentNews</i>.
Adapting to regulatory changes has been a struggle, meaning the nontraded REIT industry's worst fears have come true.
