The senator has emerged as an ardent champion of the DOL fiduciary rule and has used congressional hearings to take on Wall Street and industry regulators alike.
New paper makes the case for advisers to charge clients flat fees versus fees based on assets given the approaching DOL regulation. <b><i>(More: <a href="http://www.investmentnews.com/section/fiduciary-faq"_blank">A comprehensive, searchable database of advisers' fiduciary FAQs</a>)</i></b>
Fiduciaries have certain responsibilities that trigger liability separate from contract and ordinary tort liability.
After recent filings of a dozen lawsuits against university retirement plans, <i>InvestmentNews</i> spoke with the high-profile attorney about the broader world of ERISA fee litigation.
Cetera CEO Larry Roth says the company is shedding the RCS Capital name, officially putting the Nicholas Schorsch era behind it.
Estimated benefits assume continued earnings through full retirement age.
Plus: The Fed's new spin, Wall Street women dish out career advice, and how to spend away a summer
An antiquated, overly complex Part B enrollment process contributes to costly enrollment mistakes among many people new to Medicare.
CEO Larry Roth acknowledges that the company has been looking at senior management structure.
The company remains mum about reports that Mr. Roth has been replaced by chairman Robert Moore as CEO. <i>Plus: <a href="//www.investmentnews.com/article/20160815/BLOG09/160819961/key-principles-to-guide-corporate-governance-procedures-for-the-ibd"" target=""_blank"" rel="noopener noreferrer"> Mr. Roth and Mr. Moore discuss the principles they developed for Cetera's board</a></i>
Financial planners can help parents decide what they can afford to save and spend
Pinning the value rally on the Fed, hoping for the best.
It's essential to be familiar with the many varieties of Medicare enrollment periods so your clients can make the best choices.
More software providers will add or enhance their tools to assist advisers in meeting the regulation's requirements.
RIAs, wirehouses exploring new ways of connecting with clients online.
Morningstar reports 529 assets increased 4.3% overall last year, but the direct-sold variety gained market share, to 53.3%.
The largest LTC insurer is offering a medically underwritten single premium immediate annuity as an alternative for older Americans.
Advisers should take these factors into account when incorporating long-term-care insurance into a client's financial plan.
The MSCI Emerging Markets Index is up 14.8% this year through August, including dividends, while the S&P 500 is up 7.8%
