Industry News

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NEWS IRA ALERT FEB 14, 2017
How to help millennials avoid big mistakes with their IRAs

Steer young investors away from these common moves that can have a significant negative impact in retirement.

By Ed Slott
NEWS FINTECH FEB 14, 2017
Fintechs feature DOL fiduciary tools at T3

80-plus firms ready to help advisers decide where to spend their tech budgets

By Liz Skinner
NEWS RETIREMENT PLANNING FEB 14, 2017
Funds with revenue-sharing fees can be cheapest option in 401(k) plans

Some record keepers have the capability to rebate these fees and only charge the asset management fee, resulting in a lower net cost than some zero-revenue-share funds.

By Greg Iacurci
Working to spark a global movement for pro bono financial planning
NEWS OPINION FEB 14, 2017
Working to spark a global movement for pro bono financial planning

Many lives would be changed if pro bono financial planning could be brought to vulnerable people around the globe.

By Jon Dauphiné
NEWS INDUSTRY NEWS FEB 13, 2017
4 questions to improve your target date fund selection process

As TDFs continue to grab more 401(k) assets, it's important to have a sound fund selection process with clients.

By Aaron Pottichen
NEWS INDUSTRY NEWS FEB 13, 2017
Former broker barred for bilking elderly client

Kelly Clayton Althar allegedly generated $91K in commissions from elderly client with $308K in assets

By Bruce Kelly
3 questions independent broker-dealers should ask private equity product sponsors
NEWS BROKER DEALERS FEB 13, 2017
3 questions independent broker-dealers should ask private equity product sponsors

While private equity could become a positive force in the retail alternatives space, not all sponsors are created equal.

By Clive Slovin
NEWS INDUSTRY NEWS FEB 13, 2017
Higher Medicare and household expenses biggest financial shockers in retirement

Mix of spending changes but total outlays don't go down, retirees say

By InvestmentNews
NEWS RETIREMENT PLANNING FEB 13, 2017
Blackstone acquisition of Aon Hewitt could signal push by private equity into 401(k) plans

Blackstone executives have signaled their intent at breaking into the $5 trillion 401(k) market, and buying Aon Hewitt's DC record-keeping business may be the first step.

By Greg Iacurci
NEWS REGULATION AND LEGISLATION FEB 13, 2017
Sen. Elizabeth Warren presses Andrew Puzder on DOL fiduciary rule

Asks Trump's nominee for secretary of Labor how he'll evaluate the retirement advice regulation.

By Mark Schoeff Jr.
NEWS MUTUAL FUNDS FEB 13, 2017
Lower taxes could hit municipal bond yields

Individual and corporate tax reform add uncertainty to staid market.

By John Waggoner
Social Security Administration continues to give bad advice on claiming rules
NEWS RETIREMENT PLANNING FEB 13, 2017
Social Security Administration continues to give bad advice on claiming rules

Staff denies some eligible applications for spousal benefits.

By Mary Beth Franklin
NEWS REGULATION AND LEGISLATION FEB 12, 2017
President Trump's order on DOL fiduciary rule creates quandary for firms

By Ellie Zhu
NEWS RETIREMENT PLANNING FEB 12, 2017
Trump's DOL fiduciary directive triggers chaos

The mandate to review the rule and the accompanying delay leave the industry scrambling to adjust.

By Mark Schoeff Jr.
NEWS MUTUAL FUNDS FEB 10, 2017
European stocks far cheaper than US stocks

Political worries, debt woes weighs heavy.

By John Waggoner
NEWS REGULATION AND LEGISLATION FEB 10, 2017
Labor Department seeks 180-day delay of fiduciary rule: Reports

Agency also wants to open another round of public comment on the regulation, according to published reports.

By InvestmentNews
Is your 401(k) balance above or below average?
NEWS RETIREMENT PLANNING FEB 10, 2017
Is your 401(k) balance above or below average?

As life expectancy increases and the inflation rate on health-care spending regularly rises, you need to stay ahead of the game.

By Bloomberg
NEWS RETIREMENT PLANNING FEB 10, 2017
Two ways to boost Social Security benefits

Working longer and postponing benefits can increase future payments.

By Mary Beth Franklin
NEWS OPINION FEB 10, 2017
There's never been a better time to provide life insurance advice

Clients need help with this last, largest, most-neglected asset on their balance sheets like never before

By Barry Flagg
NEWS WIREHOUSES FEB 10, 2017
Morgan Stanley mulls moving New York City headquarters

Firm is considering buying space near Hudson River, site of BlackRock's new offices

By InvestmentNews