Industry News

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NEWS EQUITIES MAY 22, 2015
Americans are saving more these days and that's not necessarily a good thing: Fink

<i>Breakfast with Benjamin:</i> BlackRock CEO Laurence Fink says low rates are pushing more Americans to boost savings as their fear of retirement security increases, thanks to low rates.

By Jeff Benjamin
The real reason the Federal Reserve isn't raising interest rates
NEWS RETIREMENT PLANNING MAY 22, 2015
The real reason the Federal Reserve isn't raising interest rates

<i>Breakfast with Benjamin</i>: The real reason the Fed is sitting on its hands boils down to a lousy employment market.

By Jeff Benjamin
Financial markets can smell a rate hike coming
NEWS EQUITIES MAY 22, 2015
Financial markets can smell a rate hike coming

<i>Breakfast with Benjamin</i>: Equity markets are abruptly adjusting to the notion that the Fed might finally get off the sidelines.

By Jeff Benjamin
Economic growth is fading fast in the so-called recovery
NEWS ALTERNATIVES MAY 22, 2015
Economic growth is fading fast in the so-called recovery

<i>Breakfast with Benjamin</i>: The pace of the country's economic recovery is becoming more of a riddle than a reality.

By Jeff Benjamin
Exclusive: Jeffrey Gundlach warns advisers on 'unconstrained' bond funds
NEWS ALTERNATIVES MAY 22, 2015
Exclusive: Jeffrey Gundlach warns advisers on 'unconstrained' bond funds

DoubleLine Capital founder warns advisers that unconstrained managers are taking too much risk.

By Trevor Hunnicutt
NEWS PRACTICE MANAGEMENT MAY 21, 2015
JPMorgan sues $2B team who left for Morgan Stanley

JPMorgan is seeking a restraining order against six brokers for allegedly contacting clients and defaming the company.

By Liz Skinner
Morningstar doubles down on expense ratio disparity debate
NEWS ALTERNATIVES MAY 21, 2015
Morningstar doubles down on expense ratio disparity debate

Fund tracker is at odds with SEC on how some fund report expenses.

By Jeff Benjamin
Inclusion in new Pimco funds is a coup for Vanguard
NEWS MUTUAL FUNDS MAY 21, 2015
Inclusion in new Pimco funds is a coup for Vanguard

Bond giant's latest target date funds invest heavily in the low-cost firm's ETFs.

By Trevor Hunnicutt
Tim Geithner spills the beans on how he navigated the financial crisis
NEWS EQUITIES MAY 21, 2015
Tim Geithner spills the beans on how he navigated the financial crisis

<i>Breakfast with Benjamin</i>: Former Treasury Secretary Timothy Geithner spills the beans on how he navigated the financial crisis.

By Jeff Benjamin
NEWS INDUSTRY NEWS MAY 21, 2015
A perfect ETF?

A Vanguard fund is exactly tracking its benchmark, meaning that, momentarily, it's free for investors.

By Bloomberg
How portfolio diversification can help deliver more income to clients
NEWS EQUITIES MAY 21, 2015
How portfolio diversification can help deliver more income to clients

Customized trade-offs between volatility and income benefits can help clients meet a variety of investment goals.

By Thomas Hoops
NEWS FINTECH MAY 21, 2015
3 due diligence steps advisers should take to avoid costly technology mistakes

Slow down the tech selection process to thoroughly consider how new technology will work with and for your firm.

By Neal Quon
Too many options for CRMs?
NEWS INDUSTRY NEWS MAY 21, 2015
Too many options for CRMs?

The client relationship management software could be considered one of the most important tools for financial advisers, acting as a jumping off point for advisers throughout the day, but in research released by Forrester Research, there may be too many options.

By lkonish
NEWS RETIREMENT PLANNING MAY 20, 2015
DOL fiduciary rule in crosshairs of new spending bill

House measure would forbid Labor Department from spending any funds to finalize or implement the rule.

By Mark Schoeff Jr.
Retirement plan advisers' golden opportunity: IRS restatement requirements
NEWS RETIREMENT PLANNING MAY 20, 2015
Retirement plan advisers' golden opportunity: IRS restatement requirements

This could be the perfect opportunity for plan advisers to connect with employers to review the effectiveness of their retirement plans.

By E. Thomas Foster, Jr.
The $12.4 million Social Security error
NEWS RETIREMENT PLANNING MAY 20, 2015
The $12.4 million Social Security error

Agency overpays spousal benefits to some public employees, underpays others.

By Mary Beth Franklin
Latest twist on retirement income hits the market
NEWS RETIREMENT PLANNING MAY 20, 2015
Latest twist on retirement income hits the market

How much are you risk are you willing to take on for the promise of a predictable monthly check in retirement?

By Bloomberg
Billionaire activist investor says Apple worth 86% more than share price
NEWS INDUSTRY NEWS MAY 20, 2015
Billionaire activist investor says Apple worth 86% more than share price

Carl Icahn, who is urging the company to increase its buyback, says the maker of iPhones and iPads is poised to dominate in TVs and cars, too.

By Bloomberg
Saving for retirement should be advisers' top priority: Wharton's Marston
NEWS RETIREMENT PLANNING MAY 20, 2015
Saving for retirement should be advisers' top priority: Wharton's Marston

Finance prof says advisers not getting message of the value of delaying Social Security until 66 across to clients.

By Jeff Benjamin
Supreme Court hands down decision in key 401(k) lawsuit
NEWS RETIREMENT PLANNING MAY 20, 2015
Supreme Court hands down decision in key 401(k) lawsuit

Message to advisers: Mind recommended fund lineups, review plan sponsor contracts.

By Darla Mercado