Stan Druckenmiller says rising entitlement costs, unsustainable spending will have dire consequences.
Insurers didn't seem overly interested in tweaking their VA offerings in 4Q. Instead, they tinkered with the fees.
Advisers now questioning value proposition for products
Investors in mutual fund companies doing better than fund shareholders.
Income fell 29% and earnings slid to $2.3 billion
Investors pulled $5.3 billion in 2012; better than the $36.3 billion yanked in 2011.
Inland American Real Estate Trust Inc. investors are jumping on an SEC investigation into false valuations and excess fees at the nontraded REIT.
By any measure, 2012 was very kind to advisers. Assets under management and revenue both hit record levels. Plus, advisers managed to cut back on the number of accounts they handle.
Company booked $550M profit in quarter; wealth management unit leads the way
Unit ahead of schedule, records 17% pretax margin in fourth quarter; 'let's not get too wound up.'
Promised health care benefits for 10,000 on the cutting block; 'rug pulled out from under you'.
Warren Buffett, the Oracle of Omaha, says investors should bet on the 'natural juices' of capitalism to continue to lead the U.S. economy out of recession.
New Senate banking committee leader says uniform fiduciary duty should be a priority.
Study finds some confusion over fiduciary duty vs. suitability.
Research shows plan sponsors turn to referrals from peers to find advisers with whom they would like to work, rather than responding positively to cold calls
