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NEWS INDUSTRY NEWS NOV 18, 2011
INsider: Exiting Merrill team didn't like BofA answers, source says

Recruiter claims Kadden and others held meeting with bank execs; nature of discussion unknown

By Bloomberg
NEWS INDUSTRY NEWS NOV 18, 2011
Private equity may be last hope for Keegan sale

Private equity may be the last, best hope for Regions Financial Corp. in finding a buyer for Morgan Keegan & Co. Inc.

By Andrew Osterland
NEWS RETIREMENT PLANNING NOV 18, 2011
Agents fleeced Aviva in church insurance scheme, suit claims

Aviva says a slew of charity-originated life insurance policies were touted as way to aid churches in poorer neighborhoods. But the carrier claims agents and third-party were the biggest beneficiaries

By Darla Mercado
Obama tuition plan could get students sacked by bursars
NEWS RETIREMENT PLANNING NOV 17, 2011
Obama tuition plan could get students sacked by bursars

Critics say proposal will lead to less Federal assistance, and thus less financial aid; 'Johnny Jones isn't going to appreciate that'

By John Goff
State halts sales of underwater college savings plan
NEWS RETIREMENT PLANNING NOV 17, 2011
State halts sales of underwater college savings plan

Illinois stops accepting new participants due to gap in funding

By Steve Daniels
NEWS RETIREMENT PLANNING NOV 17, 2011
Savers 86ing 529 contributions

College savings plans saw first negative outflows since the financial crisis; demographics, lousy economy cited

By John Goff
Regions may lend $200M to buyers of Morgan Keegan brokerage
NEWS INDUSTRY NEWS NOV 17, 2011
Regions may lend $200M to buyers of Morgan Keegan brokerage

Regions Financial Corp. is offering as much as $200 million to help finance the sale of its Morgan Keegan brokerage unit, said people with knowledge of the matter.

By Doug Cubberley
Baby boomers ill-informed about Medicare: Survey
NEWS RETIREMENT PLANNING NOV 17, 2011
Baby boomers ill-informed about Medicare: Survey

Most baby boomers, even those past retirement age, say they don't know much about Medicare, the federal health insurance plan for seniors. Their ignorance could end up costing them.

By Lavonne Kuykendall
One-third of employers may drop health plans
NEWS RETIREMENT PLANNING NOV 17, 2011
One-third of employers may drop health plans

Almost one-third of U.S. employers are likely to stop providing health coverage for workers in 2014, when U.S. subsidies become available for people to buy individual policies.

By Doug Cubberley
NEWS RIAS NOV 16, 2011
$2.5B Greystone adviser jumps to HighTower

Voted top financial adviser in Arizona in 2009, Pupillo leaves MSSB fold

By Bloomberg
NEWS RIAS NOV 16, 2011
RIA clients rattled by mercurial markets

By Evan Cooper
NEWS RETIREMENT PLANNING NOV 16, 2011
Americans staying put, but those who move heading to no-tax states

The Census Bureau says fewer Americans relocated last year than in six decades. But those who did pick up stakes tended to move to states with either no personal income tax or relatively low overall rates. | <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&amp;Date=20110915&amp;Category=FREE&amp;ArtNo=915009999&amp;Ref=PH&amp;Params=Itemnr=1>States with the highest tax rates &amp;raquo;</a>

By John Goff
John Hancock latest to yank annuity offerings, pare distribution
NEWS LIFE INSURANCE AND ANNUITIES NOV 16, 2011
John Hancock latest to yank annuity offerings, pare distribution

B-Ds get notice of pullback as job cuts in annuity unit are reported

By Darla Mercado
NEWS OPINION NOV 16, 2011
Insights into the annuity puzzle

There is now substantial literature on the behavioral economics of retirement saving, which has stressed that both behavioral and institutional factors play an important role in determining saving accumulations

By Shlomo Benartzi
NEWS TAX NOV 16, 2011
Like comedy, secret to Social Security is timing

As baby boomers retire in droves, financial advisers need to do a little studying up on Social Security before they start integrating the payouts into clients' financial planning

By Darla Mercado
NEWS RETIREMENT PLANNING NOV 16, 2011
Adviser draws on creativity to illustrate financial concepts

It isn't easy for advisers to illustrate financial concepts for clients, but Carl Richards does just that

By Lavonne Kuykendall
The secret to selling more VAs? Make the process faster and easier
NEWS LIFE INSURANCE AND ANNUITIES NOV 16, 2011
The secret to selling more VAs? Make the process faster and easier

The secret to increasing sales of variable annuities at broker-dealers and wirehouses has everything to do with insurers' speeding up the sales process and making information easier for brokers to find.

By Darla Mercado
NEWS RETIREMENT PLANNING NOV 15, 2011
Bottom of the class

Paying for college is a big load for clients.To ease the burden, many enroll in 529 plans. But not all 529s are created equal. Here are the states with the worst college-savings plans. | <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Avis=CI&amp;Dato=20110711&amp;Kategori=FREE&amp;Lopenr=711009999&amp;Ref=PH>Penn State the most expensive public university &amp;raquo;</a> | <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Avis=CI&amp;Dato=20110630&amp;Kategori=FREE&amp;Lopenr=630009999&amp;Ref=PH>The 10 priciest private colleges &amp;raquo;</a>

By John Goff
NEWS INDUSTRY NEWS NOV 15, 2011
Let's get real about money market funds

It is time for investors and financial advisers to get real about money market funds &#8212; and either accept them or reject them for the investment vehicles that they are

By Jeff Benjamin
NEWS INDUSTRY NEWS NOV 15, 2011
MSSB plans for the worst with new asset allocation

In what the firm calls its &#8220;most significant change&#8221; to its tactical asset allocation in two years, Morgan Stanley Smith Barney LLC's global investment committee is adopting an overweight position in safe havens and an underweight position in risky assets, including commodities, according to a firm research bulletin distributed early this month

By Liz Skinner