Industry News

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NEWS EQUITIES APR 24, 2012
Why Merrill is overweighting corporate credit

By Paul Menchaca
Grantham: How to survive betting against the bull
NEWS INDUSTRY NEWS APR 24, 2012
Grantham: How to survive betting against the bull

The central truth of the investment business is that investment behavior is driven by career risk.

By Jeremy Grantham
Advisers share public's dismal opinion of Washington
NEWS RETIREMENT PLANNING APR 24, 2012
Advisers share public's dismal opinion of Washington

Americans are sick of watching politicians squabble in a capital riven along partisan lines – a sentiment that is reflected by investment advisers.

By Mark Schoeff Jr.
Applying fiduciary rule to IRAs would be especially painful: Report
NEWS REGULATION AND LEGISLATION APR 24, 2012
Applying fiduciary rule to IRAs would be especially painful: Report

Study on the price tag of applying fiduciary rule to IRAs shows huge costs, diminished access and service

By Darla Mercado
NEWS INDUSTRY NEWS APR 24, 2012
Natural gas glut creating opportunities for savvy investors

By Jeff Benjamin
Advice about college planning
NEWS INDUSTRY NEWS APR 24, 2012
Advice about college planning

About eight months ago, a recently divorced friend called me in a panic. John and his ex-wife, Mary, as I'll call them for the sake of privacy, were sorting out their financial affairs and realized that there was little money available to pay for college for their only child, who will be heading off to school in 2013.

By Jim Pavia
Former LPL rep sold TICs with 'tricks': Lawyer
NEWS BROKER DEALERS APR 24, 2012
Former LPL rep sold TICs with 'tricks': Lawyer

Elderly couple awarded $1.4M for claim over tenant-in-common exchanges; were seeking $8M

By Bruce Kelly
Cargill heir leaves astonishing sum to animals, elderly
NEWS RETIREMENT PLANNING APR 24, 2012
Cargill heir leaves astonishing sum to animals, elderly

At $6B, Margaret Cargill top donor in U.S. in 2011; Michael Bloomberg, George Soros also big givers

By Bloomberg
NEWS TAX APR 24, 2012
Gingrich's charitable giving not so charitable, data show

By Bloomberg
NEWS TAX APR 24, 2012
Charitable incentives at risk

As lawmakers consider how to attack tax reform and debt reduction, the way that charitable gifts and deductions are treated is in the cross hairs.

By Bloomberg
NEWS RETIREMENT PLANNING APR 23, 2012
In rejiggering, MetLife to curb VA sales, roll out health insurance

Carrier aims to pull away from 'capital-intensive' products — including annuities

By Darla Mercado
NEWS INDUSTRY NEWS APR 23, 2012
Looking to outpace the bond bear

For the past 30 years, garnering sufficient investment income could be as simple as investing in an assortment of Treasury bonds.

By Federated Investors
E.F. Hutton, the sequel: Will it play?
NEWS INDUSTRY NEWS APR 23, 2012
E.F. Hutton, the sequel: Will it play?

Frank Campanale says the revival of the famed brokerage should be a hit

By John Goff
NEWS RETIREMENT PLANNING APR 23, 2012
Hutcheson case highlights risks for advisers

By Darla Mercado
SALB story: Loring Ward to offer stand-alone living benefits
NEWS RETIREMENT PLANNING APR 23, 2012
SALB story: Loring Ward to offer stand-alone living benefits

Turnkey asset manager in talks with Transamerica Life Insurance Co. and The Phoenix Cos. to develop income-producing product

By Darla Mercado
TD's new sales head wearing two hats while his replacement is sought
NEWS INDUSTRY NEWS APR 23, 2012
TD's new sales head wearing two hats while his replacement is sought

Peter Dorsey will continue to mind TD Ameritrade's Western region during transition

By DJAMIESON
NEWS RIAS APR 23, 2012
TD tabs Dorsey as head of institutional sales

Takes over top sales spot left vacant after promotion of Nally

By DJAMIESON
Deflated investors now seeking inflation hedges in 529 plans
NEWS INDUSTRY NEWS APR 23, 2012
Deflated investors now seeking inflation hedges in 529 plans

Deflated investors now seeking inflation hedges in 529 plans

By Liz Skinner
NEWS LIFE INSURANCE AND ANNUITIES APR 23, 2012
Lincoln National ordered to make good on insurance in heated Stoli case

Judge finds for claimant in $5 million stoli benefits payment from Lincoln National Life

By Darla Mercado
NEWS RIAS APR 23, 2012
SEC's 'no-action' letter could signal next step for alts custody

Commission's decision seen as tacit endorsement of the Alternative Investment Product service

By Dan Jamieson