Industry News

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Morgan Stanley share price climbs after free falling
NEWS WIREHOUSES JUN 12, 2012
Morgan Stanley share price climbs after free falling

Stock regains some ground, but still trading at under $13; ratings cut looms

By John Goff
80 the new 65? Retirement age needs radical adjustment, says AIG boss
NEWS RETIREMENT PLANNING JUN 12, 2012
80 the new 65? Retirement age needs radical adjustment, says AIG boss

AIG boss Robert Benmosche has offered a radical yet simple solution to gaping shortfalls in government pension and medical programs. Push the retirement age back -- way back.

By John Goff
NEWS WIREHOUSES JUN 12, 2012
MSSB woes now in 3D

Roll out of new technology problem sees plenty of glitches; large undertaking

By Danny Sarch
NEWS RETIREMENT PLANNING JUN 12, 2012
Dilemma for Ford retirees: Monthly check or lump sum?

By Darla Mercado
NEWS RIAS JUN 11, 2012
Pershing banking on opportunity in helping indies retain hybrid reps

By DJAMIESON
NEWS INDUSTRY NEWS JUN 11, 2012
Forces beyond his control imperil Obama

By Mark Schoeff Jr.
In custody battle, Pershing reaches landmark
NEWS RIAS JUN 11, 2012
In custody battle, Pershing reaches landmark

Advisors Solutions unit surpasses $100 billion mark in RIA assets under custody

By DJAMIESON
Goldman retirement exec joins J.P. Morgan Retirement Plan Services
NEWS RETIREMENT PLANNING JUN 11, 2012
Goldman retirement exec joins J.P. Morgan Retirement Plan Services

Bill McDermott, head of defined contribution at Goldman Sachs, to lead sales at J.P. Morgan unit

By Darla Mercado
NEWS RETIREMENT PLANNING JUN 11, 2012
Tax-wise ways to draw down IRAs and 401(k)s

By MFXFeeder
HighTower's open platform will put pressure on custodians: Weissbluth
NEWS RIAS JUN 11, 2012
HighTower's open platform will put pressure on custodians: Weissbluth

Firm's boss says HOST system shows strengths, weakness of other firm's systems; can influence pricing

By DJAMIESON
529 savings plans for lower ed proposed
NEWS INDUSTRY NEWS JUN 10, 2012
529 savings plans for lower ed proposed

Bill proposed to allow parents to use 529 savings plans for K-12 in addition to college

By Liz Skinner
NEWS WIREHOUSES JUN 10, 2012
Latest UBS move seen as sign Americas unit won't be sold

By AOSTERLAND
NEWS RETIREMENT PLANNING JUN 10, 2012
A shift to retirement readiness occurring in 401(k) plans

By MFXFeeder
No one expected the info inquisition
NEWS INDUSTRY NEWS JUN 10, 2012
No one expected the info inquisition

No financial adviser wants to meet with a client and discover that the client knows something he or she doesn't.

By Jim Pavia
Indexed annuities boast strong 1Q
NEWS RETIREMENT PLANNING JUN 10, 2012
Indexed annuities boast strong 1Q

By Darla Mercado
NEWS BROKER DEALERS JUN 10, 2012
B-D, execs hit with $2.6M in fines, restitution on CMO sales

By Bruce Kelly
Politics over problem-solving needs to change: former Pres. Clinton
NEWS INDUSTRY NEWS JUN 08, 2012
Politics over problem-solving needs to change: former Pres. Clinton

Former President Clinton applauded for saying U.S. needs détente in Washington to rebuild trust at Pershing LLC conference

By DJAMIESON
Bleak outlook means opportunity … to a point
NEWS EQUITIES JUN 08, 2012
Bleak outlook means opportunity … to a point

Speakers at a gathering of Hatteras Funds advisers chimed in on the markets

By Jeff Benjamin
Stiglitz: Recession way more likely if Romney wins
NEWS INDUSTRY NEWS JUN 08, 2012
Stiglitz: Recession way more likely if Romney wins

Nobel laureate Joseph Stiglitz says Mitt Romney's austerity program would stifle the economy -- and 'significantly' raise the likelihood of another recession.

By John Goff
NEWS RETIREMENT PLANNING JUN 08, 2012
Health becoming new focus of wealth

By MFXFeeder