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Gold to gain on 'currency debasement,' SkyBridge says
NEWS ALTERNATIVES AUG 20, 2020
Gold to gain on 'currency debasement,' SkyBridge says

The fund of funds manager says the continued Fed and government stimulus are triggering concerns about currency

By Bloomberg
UBS revamps wealth unit, aims to lend more to clients
NEWS WIREHOUSES AUG 20, 2020
UBS revamps wealth unit, aims to lend more to clients

The changes in its legal structure will help the bank meet its target of lending $20 billion to $30 billion a year to wealthy clients outside Switzerland

By Bloomberg
State regulators disrupt more than 200 pandemic-related frauds
NEWS REGULATION AND LEGISLATION AUG 19, 2020
State regulators disrupt more than 200 pandemic-related frauds

The worst may be yet to come as another wave of scams is expected regarding potential vaccines, the task force announced

By Mark Schoeff Jr.
Advisers question the value of bonds in client portfolios
NEWS PRACTICE MANAGEMENT AUG 19, 2020
Advisers question the value of bonds in client portfolios

The traditional portfolio ballast layers on risk without providing much reward

By Jeff Benjamin
SEC share-class crackdown could spell the end for 12b-1 fees
NEWS MUTUAL FUNDS AUG 19, 2020
SEC share-class crackdown could spell the end for 12b-1 fees

The latest case has some experts wondering if any level of disclosure will suffice

By Mark Schoeff Jr.
Why the payroll tax holiday is a bad idea
NEWS RETIREMENT PLANNING AUG 19, 2020
Why the payroll tax holiday is a bad idea

Squeezing Social Security’s funding source could accelerate the depletion of the trust fund

By Mary Beth Franklin
Broker recruiting moves plunge amid pandemic
NEWS PRACTICE MANAGEMENT AUG 19, 2020
Broker recruiting moves plunge amid pandemic

But one arm of Wells Fargo Advisors has been a popular destination for advisers in the first half of the year

By Bruce Kelly
Why private equity just invested $84 million in Guideline
NEWS RETIREMENT PLANNING AUG 19, 2020
Why private equity just invested $84 million in Guideline

What investors see in the low-margin DC record-keeping business

By Fred Barstein
LPL Financial taps Slack for adviser communications
NEWS FINTECH AUG 19, 2020
LPL Financial taps Slack for adviser communications

The partnership builds on the broker-dealer's goal to transform its legacy technology into modern tools for advisers

By Nicole Casperson
Advisers may be struggling to adopt model portfolios
NEWS PRACTICE MANAGEMENT AUG 19, 2020
Advisers may be struggling to adopt model portfolios

There are pros and cons to third-party marketplaces that should be considered, according to new research

By Nicole Casperson
Here's how COVID-19 could test the value of ESOPs
NEWS RETIREMENT PLANNING AUG 19, 2020
Here's how COVID-19 could test the value of ESOPs

Employee ownership plans correlate with higher income and better retention, and companies with such plans are likely doing better than others right now, according to an ESOP group

By Emile Hallez
3 tips on building recession-ready retirement income plans
NEWS OPINION AUG 19, 2020
3 tips on building recession-ready retirement income plans

Advisers need to help clients understand that the question isn’t whether the markets will drop, it’s when and how far

By Phil Lubinski
New DOL advice proposal is a step forward
NEWS OPINION AUG 19, 2020
New DOL advice proposal is a step forward

Two areas for further improvement are the measure's disclosure proposal and its stance on rollovers

By Dale Brown
Treasuries indicate the Fed is getting an edge on inflation
NEWS FIXED INCOME AUG 19, 2020
Treasuries indicate the Fed is getting an edge on inflation

Inflation-adjusted rates on 10-year Treasuries and U.S. households' rising inflation expectations are among the signals that the central bank's efforts are working

By Bloomberg
One PEP for all clients: Retirement Income Summit day four
NEWS RETIREMENT PLANNING AUG 18, 2020
One PEP for all clients: Retirement Income Summit day four

The Secure Act provides numerous opportunities for advisers, and annuities are part of that, panelists said

By Emile Hallez
DOL rule requires lifetime income estimates on retirement plan statements
NEWS RETIREMENT PLANNING AUG 18, 2020
DOL rule requires lifetime income estimates on retirement plan statements

The regulation would implement a SECURE Act provision intended to help savers assess their nest eggs

By Mark Schoeff Jr.
Watch that RMD deadline, and other advice from the Retirement Income Summit
NEWS RETIREMENT PLANNING AUG 17, 2020
Watch that RMD deadline, and other advice from the Retirement Income Summit

Despite the relief provided by the CARES Act, people are more worried about retirement than ever, and their concept of it is changing, panelists said

By Emile Hallez
Democrats oppose DOL investment advice rules as convention begins
NEWS REGULATION AND LEGISLATION AUG 17, 2020
Democrats oppose DOL investment advice rules as convention begins

Vice presidential pick Kamala Harris signed a comment letter seeking withdrawal of the measure in August

By Mark Schoeff Jr.
Virus spurs retirement resets, but what about Social Security?
NEWS RETIREMENT PLANNING AUG 17, 2020
Virus spurs retirement resets, but what about Social Security?

Pandemic complicates Social Security claiming strategies in 2020, Mary Beth Franklin says

By Liz Skinner
Clients show more interest in emergency funds amid pandemic
NEWS PRACTICE MANAGEMENT AUG 17, 2020
Clients show more interest in emergency funds amid pandemic

COVID-19, high unemployment and the upcoming presidential election are making clients more inclined to build a cash cushion, advisers say

By Bloomberg