Industry News

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NEWS INDUSTRY NEWS SEP 06, 2013
5 key takeaways from the incredibly mediocre jobs report

Plus this week's other must reads from wealth manager and CNBC commentator Josh Brown

By Joshua Brown
NEWS WIREHOUSES SEP 06, 2013
BofA Merrill bias settlement goes to once-skeptical judge for approval

The judge who today will hear arguments on Bank of America's $160 million settlement has repeatedly rejected requests by black financial advisers at BofA's Merrill Lynch unit to sue as a group over alleged racial discrimination.

By Matt Ackermann
NEWS WIREHOUSES SEP 06, 2013
Merrill settles racial lawsuit for $160M, but little changes

Ripple effect could be felt, making advice business 'a healthier place.'

By Darla Mercado
NEWS RETIREMENT PLANNING SEP 06, 2013
The Hartford pulls back on VA pullback — in some states

In a few states, the Hartford has informed some clients they can keep their existing investment options. Which ones? Darla Mercado has the details.

By Darla Mercado
NEWS RETIREMENT PLANNING SEP 06, 2013
VA squeezes under scrutiny from regulators

Regulators are worried that life insurers are taking advantage of vague variable annuity contract language and are doing something about it. Darla Mercado explains.

By Darla Mercado
NEWS RETIREMENT PLANNING SEP 05, 2013
Legally-married same-sex couples get retirement boost from DOL

Defined as spouses for benefits; based on where married, not where living.

By Darla Mercado
NEWS RETIREMENT PLANNING SEP 05, 2013
Retirement benefits no longer at risk for same-sex couples

Labor Dept. ruling a boost for employers, retirement plan sponsors, 401(k) service providers.

By Darla Mercado
NEWS RETIREMENT PLANNING SEP 05, 2013
Stop borrowing from your 401(k) to fund your business

Why dipping into your retirement savings raises the stakes

By Marine Cole
NEWS INDUSTRY NEWS SEP 05, 2013
4 crucial questions to ask your wealth manager

Not asking for this information could cost you

By Stan Luxenberg
NEWS RETIREMENT PLANNING SEP 05, 2013
You may get just one chance to claim Social Security benefits

But your spouse can sometimes step up to a larger benefit later

By Mary Beth Franklin
NEWS PRACTICE MANAGEMENT SEP 05, 2013
Wells Fargo adds advisers managing $966M in assets

Five hires join from rival firms Morgan Stanley, UBS

By Michael Shagrin
NEWS WIREHOUSES SEP 05, 2013
With big new team, Morgan Stanley adds horses

Acquires $1.5B team from J.P. Morgan Securities.

By DJAMIESON
NEWS RETIREMENT PLANNING SEP 05, 2013
Drastic tax changes for married gay couples

Filing joint returns could make it easier to inherit money tax-free

By Darla Mercado
NEWS WIREHOUSES SEP 05, 2013
UBS gains adviser with $4.8B

45-year veteran based in New Jersey jumps from Morgan Stanley.

By DJAMIESON
NEWS INDUSTRY NEWS SEP 05, 2013
Cashing in on the energy boom

By Art Steinmetz
NEWS RETIREMENT PLANNING SEP 05, 2013
Higher earnings limit applies in the year worker reaches 66

Social Security earnings cap disappears at full retirement age.

By Mary Beth Franklin
NEWS OPINION SEP 05, 2013
Social Security spousal benefits don't earn delayed retirement credits

By Mary Beth Franklin
NEWS INDUSTRY NEWS SEP 05, 2013
Want to check the markets? Put your glasses on

New app lets investors check stock quotes via Google Glass

By Michael Shagrin
NEWS RETIREMENT PLANNING SEP 05, 2013
Don't be fooled by Social Security benefits estimates

By Mary Beth Franklin
NEWS INDUSTRY NEWS SEP 05, 2013
Pimco's Gross weighs in on Fed policy

Bill Gross says the Fed won't be tightening their monetary policy until 2016, proclaims that bonds are back from the dead following big losses.

By Bloomberg