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Financial industry groups seek SEC rule on 12b-1 fee disclosure
PRACTICE MANAGEMENT APR 29, 2020
Financial industry groups seek SEC rule on 12b-1 fee disclosure

Investor advocates: Common sense and the Investment Advisers Act require the disclosure of higher-fee funds

By Mark Schoeff Jr.
Richest investors waiting for dip to buy stocks
EQUITIES APR 29, 2020
Richest investors waiting for dip to buy stocks

Just 30% of U.S. investors were optimistic about the outlook for their own economy, versus 55% of Asian investors, according to a UBS survey

By Bloomberg
Allianz Life to use eMoney Advisor
FINTECH APR 28, 2020
Allianz Life to use eMoney Advisor

The planning tool will help advisers explain the role of annuities in retirement

By InvestmentNews
Private equity firm takes majority stake in Docupace
ALTERNATIVES APR 28, 2020
Private equity firm takes majority stake in Docupace

In the wake of FTV Capital's investment, David Knoch of 1st Global has been named CEO of Docupace

By InvestmentNews
Leveraged ETFs betting against stocks attract $5.6 billion in April
EQUITIES APR 28, 2020
Leveraged ETFs betting against stocks attract $5.6 billion in April

The influx, the biggest since at least 2013, defies the surge in equity prices that has occurred this month

By InvestmentNews
New York Life to sell ETF-based alternative to annuities
LIFE INSURANCE AND ANNUITIES APR 27, 2020
New York Life to sell ETF-based alternative to annuities

The insurance giant announced an exclusive deal to distribute unit investment trusts

By Emile Hallez
SEC orders RBC to pay $3.9 million over share-class disclosure
PRACTICE MANAGEMENT APR 27, 2020
SEC orders RBC to pay $3.9 million over share-class disclosure

The enforcement action demonstrates the agency's continued targeting of conflicts over fund fees

By Mark Schoeff Jr.
Oil ETF roils already volatile crude markets
MUTUAL FUNDS APR 27, 2020
Oil ETF roils already volatile crude markets

USO's sale of June WTI futures contracts triggered a big move in the spread between the June and July contracts

By Bloomberg
Dividend income is a new minefield for financial advisers
EQUITIES APR 27, 2020
Dividend income is a new minefield for financial advisers

Companies are cutting payments to shareholders at a rate not seen since 2009

By Jeff Benjamin
A compelling step
ETFS APR 26, 2020
A compelling step

While advisers generally tell clients to stay the course, there are few products that reward those who do

By George Moriarty
401(k) assets down, but savings levels up: Fidelity
RETIREMENT PLANNING APR 24, 2020
401(k) assets down, but savings levels up: Fidelity

The stock market eroded account balances, but savers increased their contributions

By Emile Hallez
Cetera cuts REIT sales, loses senior recruiter
ALTERNATIVES APR 24, 2020
Cetera cuts REIT sales, loses senior recruiter

Broker-dealers are pausing the sale of real estate products while the broader market absorbs the shock of the shutdown

By Bruce Kelly
Thrivent Financial ups efforts to put customers ahead of products
LIFE INSURANCE AND ANNUITIES APR 24, 2020
Thrivent Financial ups efforts to put customers ahead of products

The new chief commercial officer position signals a focus on holistic planning

By Jeff Benjamin
What's the point of an ETF that goes off script?
OPINION APR 24, 2020
What's the point of an ETF that goes off script?

When fund managers rejigger their methodology, investors don't know how to calculate returns

By Shuli Ren
Wells Fargo adds SECURE Act-friendly 401(k) annuity service
RETIREMENT PLANNING APR 23, 2020
Wells Fargo adds SECURE Act-friendly 401(k) annuity service

The firm will act as a fiduciary for insurance provider selection for qualified longevity annuity contracts

By Emile Hallez
Bid to let states go bankrupt quickly nixed a decade ago
FIXED INCOME APR 23, 2020
Bid to let states go bankrupt quickly nixed a decade ago

Mitch McConnell's comment came as Congress considers extending aid to cities and states that are seeing tax revenue disappear as wide swaths of the economy are shut down

By Bloomberg
New ETF to focus on companies fighting biological threats
MUTUAL FUNDS APR 23, 2020
New ETF to focus on companies fighting biological threats

The Pacer fund could invest in stocks of businesses that identify or combat diseases or companies that enable social distancing

By Bloomberg
Another broker sues Ohio National over VA commissions
LIFE INSURANCE AND ANNUITIES APR 23, 2020
Another broker sues Ohio National over VA commissions

Somerset Securities recently filed a case against the insurer over its 2018 decision to halt trail commissions on certain variable annuity contracts

By Emile Hallez
VA sales up, fixed annuities down: LIMRA report
RETIREMENT PLANNING APR 22, 2020
VA sales up, fixed annuities down: LIMRA report

Low interest rates drove investors away from some products, but that may change, according to the organization's Secure Retirement Institute

By Emile Hallez
By the Numbers: COVID-19 and alts
ALTERNATIVES APR 22, 2020
By the Numbers: COVID-19 and alts

InvestmentNews Chief Content Officer George Moriarty looks at why some broker-dealers are halting sales of real estate products and whether the rush to gold will continue

By InvestmentNews