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NEWS RETIREMENT PLANNING MAY 17, 2010
Come again? Robust retirees face highest health care costs

Living longer has its price, study finds

By Darla Mercado
Goldman throws perfect game
NEWS INDUSTRY NEWS MAY 17, 2010
Goldman throws perfect game

Dallas Braden, move over: Goldman Sachs recorded a trading profit every single day in the first quarter -- a feat the Wall Street giant has never accomplished before

By Bloomberg
NEWS RETIREMENT PLANNING MAY 17, 2010
Labor Dept. inches closer to providing target date guidance

The Employee Benefits Security Administration is planning to publish a compliance checklist for target date fund selection this spring

By Darla Mercado
NEWS RETIREMENT PLANNING MAY 17, 2010
Merrill Lynch: Wealthy afraid of health care costs, retirement

The percentage of survey respondents who said they are concerned about whether their assets will last throughout their lifetime rose to 61% last quarter, from 53% in the fourth quarter.

By Hilary Johnson
NEWS INDUSTRY NEWS MAY 17, 2010
Guess who's buying gold now

The world is turning upside down when central bankers are accumulating gold and ordinary people are not

By Addison Wiggin
NEWS INDUSTRY NEWS MAY 16, 2010
Fidelity's institutional services boss exiting

Peter Cieszko, president of Fidelity Investments Institutional Services, is leaving at the end of January “

By Douglas Appell
What's in Obama's portfolio?
NEWS RIAS MAY 16, 2010
What's in Obama's portfolio?

President Barack Obama's success as an author continued to add to his wealth last year as he and first lady Michelle Obama reported having assets of between $2.3 million and $7.7 million.

By Bloomberg
NEWS INDUSTRY NEWS MAY 16, 2010
An optimistic view of the dollar

The following is an edited transcript of a webcast held April 20 in New York.

By MFXFeeder
NEWS REGULATION AND LEGISLATION MAY 14, 2010
Ex-Credit Suisse broker avoids prison -- for now

Former Credit Suisse Group AG broker Eric Butler will remain free while a judge reviews a decision that ordered him to prison during the appeal of his conviction for fraudulently selling securities that cost investors more than $1.1 billion in losses.

By Bloomberg
NEWS EQUITIES MAY 14, 2010
Waddell & Reed: Don't blame us for market tailspin

Waddell & Reed Financial Inc., the mutual-fund manager started in 1937, said it didn't intend to disrupt markets on May 6 when the plunge in stocks temporarily erased more than $1 trillion of value.

By Bloomberg
NEWS RETIREMENT PLANNING MAY 14, 2010
“Secret” Social Security strategies for advisers

Many financial planners are in the dark about ways to help clients boost their monthly government checks. That needs to change, says one expert.

By Lisa Shidler
NEWS INDUSTRY NEWS MAY 14, 2010
Raymond James' Jeffrey D. Saut: The game of risk

The following is an investment strategy column by Jeffrey D. Saut, managing director at Raymond James & Associates Inc.

By Jeffrey D. Saut
NEWS INDUSTRY NEWS MAY 14, 2010
Putnam eyeing actively managed ETFs, CEO Reynolds says

By Jessica Toonkel Marquez
NEWS RETIREMENT PLANNING MAY 14, 2010
Putnam to launch guaranteed fund early next year

Putnam Investments is planning to launch a mutual fund with a guarantee in the first quarter of next year.

By Jessica Toonkel Marquez
Bill Gates' father: 'Rich people aren't paying enough' in taxes
NEWS RIAS MAY 13, 2010
Bill Gates' father: 'Rich people aren't paying enough' in taxes

The software billionaire's father is spearheading an initiative to impose a state tax on Washington's wealthy

By John Goff
NEWS RETIREMENT PLANNING MAY 13, 2010
Andrew Lo on 'Geriatric Finance': When the planning needs to start

Investors should plan now for when and how financial decisions should be made if they become impaired, says investment strategist and professor Andrew Lo.

By Mark Bruno
How to play the new volatility
NEWS INDUSTRY NEWS MAY 13, 2010
How to play the new volatility

There's a rollercoaster on Wall Street right now. And it's making retail investors and financial advisers downright queasy. But to one money manager, short-term stock market volatility represents pure opportunity.

By Jeff Benjamin
NEWS WIREHOUSES MAY 13, 2010
Wall Street bigs asked to sign off on fiduciary duty

The Committee for the Fiduciary Standard takes a different tack in its bid to eliminate the broker-dealer exclusion

By Dan Jamieson
NEWS INDUSTRY NEWS MAY 12, 2010
Latest fascination for hedgies? Mutual funds

The prospect of tough new regulations in Europe has hedge funds hopping on the 'Ucits' bandwagon. But questions about liquidity, custody dog these collective-investment vehicles

By Bloomberg
Shareholders refuse to put nail in golden coffin
NEWS RETIREMENT PLANNING MAY 12, 2010
Shareholders refuse to put nail in golden coffin

17 of Fortune 100 companies provide death benefits for heirs of top execs. Omnicom stockowners are just the latest to vote down a 'pay-for-no-pulse' proposal

By Aaron Elstein