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U.S. stock market getting closer to a 'melt up,' says HSBC
NEWS INDUSTRY NEWS JUN 14, 2016
U.S. stock market getting closer to a 'melt up,' says HSBC

Two major components of the S&P 500 could move higher

By Bloomberg
Pull clients back from obsessing over the markets
NEWS PRACTICE MANAGEMENT JUN 14, 2016
Pull clients back from obsessing over the markets

You can't begin to help them avoid falling into this trap until you empathize with them.

By crichards
MassMutual settles 401(k) suit with its employees for $31 million
NEWS RETIREMENT PLANNING JUN 13, 2016
MassMutual settles 401(k) suit with its employees for $31 million

The insurer joins other firms such as Fidelity Investments and Ameriprise Financial in settling allegations over excessive 401(k) fees in their own company plans.

By Greg Iacurci
Former FDIC chairwoman Sheila Bair joins retirement robo's advisory board
NEWS FINTECH JUN 13, 2016
Former FDIC chairwoman Sheila Bair joins retirement robo's advisory board

Blooom hopes to use her experience in financial crisis, student debt to push company forward.

By Alessandra Malito
Microsoft to acquire LinkedIn in $26.2 billion deal
NEWS FINTECH JUN 13, 2016
Microsoft to acquire LinkedIn in $26.2 billion deal

The deal is the largest under the tenure of Microsoft CEO Satya Nadella.

By Bloomberg
NEWS RETIREMENT PLANNING JUN 13, 2016
Changes in reverse mortgages give advisers new tools in retirement planning

Prominent researchers are embracing the home equity product as a key retirement planning tool. Will advisers follow? <b><i>(Related: <a href="//www.investmentnews.com/gallery/20160610/FREE/610009999/PH/9-surprising-ways-to-use-a-reverse-mortgage&quot;" target="&quot;_blank&quot;" rel="noopener noreferrer">9 surprising ways to use a reverse mortgage</a>)</b></i>

By Mary Beth Franklin
Bill Gross' Janus fund reaps biggest inflow in more than a year
NEWS INDUSTRY NEWS JUN 13, 2016
Bill Gross' Janus fund reaps biggest inflow in more than a year

Janus Global Unconstrained received about $144 million in May.

By Bloomberg
Finra failing to protect investors from bad advisers, Senator Elizabeth Warren says
NEWS REGULATION AND LEGISLATION JUN 13, 2016
Finra failing to protect investors from bad advisers, Senator Elizabeth Warren says

Letter directs top regulator Richard Ketchum to do more to stop repeat offenders and the firms that hire them.

By Liz Skinner
An original critic, Finra's Ketchum praises improvements in final DOL fiduciary rule
NEWS PRACTICE MANAGEMENT JUN 13, 2016
An original critic, Finra's Ketchum praises improvements in final DOL fiduciary rule

Finra's CEO was one of the sharpest critics of the proposed rule, but now he's praising the Labor Department. <i><b>(More: <a href=&quot;http://www.investmentnews.com/section/fiduciary-focus&quot; target=&quot;_blank&quot;>Coverage of the DOL rule from every angle</a>)</i></b>

By Mark Schoeff Jr.
LinkedIn ProFinder links financial advisers with prospective clients
NEWS FINTECH JUN 13, 2016
LinkedIn ProFinder links financial advisers with prospective clients

LinkedIn rolled out a new feature this month to help its users find professionals, including wealth managers and Certified Financial Planners.

By Alessandra Malito
Attention baby boomers: Time to start taking your required minimum distributions
NEWS RETIREMENT PLANNING JUN 12, 2016
Attention baby boomers: Time to start taking your required minimum distributions

The first wave of boomers turns 70&frac12; and must start taking distributions from their retirement savings.

By Mary Beth Franklin
Firms on the hook for hiring bad brokers
NEWS BROKER DEALERS JUN 12, 2016
Firms on the hook for hiring bad brokers

Sweep reminds broker-dealers they're going to be held accountable for hiring brokers who prove not fit to work in the industry.

By Andrew Leigh
NEWS RETIREMENT PLANNING JUN 12, 2016
DOL fiduciary rule can also be applied to insurance

Finding a policy that works in the best interests of your clients not as hard as you think

By Barry Flagg
NEWS RETIREMENT PLANNING JUN 10, 2016
The most important part of a young person's estate plan

Advisers should push young clients, or clients with young-adult children, to get powers of attorney governing health care and financial assets.

By Greg Iacurci
NEWS RETIREMENT PLANNING JUN 10, 2016
How to prepare for the aftermath of a loved one's death

Even if you have prepared, following a death there are several steps that generally require immediate attention.

By Steven M. Saraisky
Global bond yields drop to record levels on weakening growth outlook
NEWS INDUSTRY NEWS JUN 10, 2016
Global bond yields drop to record levels on weakening growth outlook

Investment-grade bond index has best start to year since 1997.

By Bloomberg
Why giving every 21-year-old $16,500 may solve America's retirement crisis
NEWS RETIREMENT PLANNING JUN 10, 2016
Why giving every 21-year-old $16,500 may solve America's retirement crisis

Set aside that money at the beginning of workers' careers in order to leverage the magic of 50 years of compounding returns in a 50-50 portfolio. Of course, they'd have to pay the money back.

By Nir Kaissar
NEWS INDUSTRY NEWS JUN 10, 2016
George Soros embraces his inner bear

<i>Breakfast with Benjamin</i> The billionaire hedge-fund founder and philanthropist thinks the global economy is going to pot.

By Jeff Benjamin
Obama vetoes resolution against DOL fiduciary rule; court sets date for NAFA's lawsuit
NEWS REGULATION AND LEGISLATION JUN 10, 2016
Obama vetoes resolution against DOL fiduciary rule; court sets date for NAFA's lawsuit

Congressional threat to the Labor Department's retirement advice regulation gets nixed by White House, while D.C. court says it will hear a case against the rule.

By Mark Schoeff Jr.
NEWS IRA ALERT JUN 10, 2016
Advisers beware: Another Roth IRA scam backfires

Roth IRAs offer significant tax benefits, but these transactions are on the Internal Revenue Service's radar.

By Ed Slott