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RIAS JUN 20, 2010
TIAA-CREF's ex-wealth management boss heading for the exit

Maliz Beams, one of the highest- ranking women at TIAA-CREF, is leaving as part of a management reshuffling at the firm, which oversees $426 billion in retirement assets.

By Bloomberg
INDUSTRY NEWS JUN 20, 2010
Time to rethink our national housing policy

Although lax home-lending standards weren't the sole reason for the credit collapse and economic downturn, they contributed mightily to our economic headaches.

By MFXFeeder
BROKER DEALERS JUN 20, 2010
LPL's Mark Casady: Five more years

LPL Investment Holdings Inc. last week said that it has sealed the deal with the executive who has overseen the company's growth and its march to an IPO.

By Bruce Kelly
LIFE INSURANCE AND ANNUITIES JUN 20, 2010
Allianz CEO wants bigger piece of indexed-life market

By Darla Mercado
REGULATION AND LEGISLATION JUN 20, 2010
Former SEC chairmen rap Congress for failing to shrink banks

Congress' proposed overhaul of U.S. bank regulation wouldn't have averted the 2008 financial crisis and would do little to prevent a recurrence, according to two former chairmen of the Securities and Exchange Commission.

By Bloomberg
PRACTICE MANAGEMENT JUN 20, 2010
The benefits of a 'naked' approach to clients

Many years ago, I developed an approach to consulting — one that we have used in my firm for the past dozen years. It is called naked consulting, and yes, it is as much fun as it sounds.

By Patrick Lencioni
REGULATION AND LEGISLATION JUN 20, 2010
Firm insists it followed SEC's ethics rules

Getco, a market-making firm that specializes in global high-frequency electronic trading, insists that it followed SEC ethics rules in recruiting and hiring a top SEC official as its associate general counsel.

By Mark Schoeff Jr.
INDUSTRY NEWS JUN 20, 2010
Will Merrill Edge boost or bite BofA?

In rebranding its online discount brokerage, Bank of America is trying to squeeze in to an already crowded space.

By Bloomberg
Fiduciary advocates launch one last 'huge push'
REGULATION AND LEGISLATION JUN 20, 2010
Fiduciary advocates launch one last 'huge push'

When House and Senate negotiators gather tomorrow, they're scheduled to consider strengthening the fiduciary duty provision in landmark financial regulatory reform legislation.

By Bloomberg
RETIREMENT PLANNING JUN 18, 2010
Workers relying on 'guesswork' in managing retirement plans

Many go by 'gut feeling,' survey finds; most admit they're not saving enough for old age

By Jeff Benjamin
RETIREMENT PLANNING JUN 18, 2010
Pension industry to fight for retirement plan tax breaks: IN's Schoeff

PAC funding boosts ASPPA's clout on Capitol Hill; 'bigger voice'

By Mark Schoeff Jr.
RETIREMENT PLANNING JUN 18, 2010
Advisers could gain from small-business legislation

The passage of a bill that would permit in-plan Roth conversions and allow partial annuitization of annuity contracts could prove to be a boon for financial advisers.

By Darla Mercado
IN's Cooper: Those crazy French, er, Americans
RETIREMENT PLANNING JUN 18, 2010
IN's Cooper: Those crazy French, er, Americans

Mon dieu! When it comes to fiscal restraint, the U.S. is no better than France

By Evan Cooper
RETIREMENT PLANNING JUN 18, 2010
Insurers press U.S. to allow annuities in pension plans

It should be easier for employers to include annuities in their retirement plans because Americans are at risk of outliving their savings, an insurer told Labor and Treasury department officials today

By Bloomberg
Odds of a double-dip now at 40%, says NYU's Roubini
RETIREMENT PLANNING JUN 18, 2010
Odds of a double-dip now at 40%, says NYU's Roubini

Dr. Doom sees anemic growth in third quarter; 'stock markets could sharply correct'

By Bloomberg
Incite: Retiree 'Ponzi scheme' is $16 trillion short
RETIREMENT PLANNING JUN 18, 2010
Incite: Retiree 'Ponzi scheme' is $16 trillion short

Social Security just celebrated its 75th birthday. Economist Laurence Kotlikoff says it's time to retire the cash-strapped pension plan -- or face disastrous results.

By Bloomberg
RETIREMENT PLANNING JUN 18, 2010
Approaching retirement, boomers still tied up in some riskier bets

Baby boomers approaching retirement may be nervous about outliving their savings — but they continue to keep most of their money in riskier investments.

By Darla Mercado
RETIREMENT PLANNING JUN 18, 2010
BofA Merrill Lynch beefs up retirement biz with Fidelity hires

Linton, Ulian jump to Bank of America; 'organizational shift in mindset'

By Bloomberg
Are index-linked CDs a sucker bet?
RETIREMENT PLANNING JUN 18, 2010
Are index-linked CDs a sucker bet?

Investors seeking the safety of government-insured certificates of deposit and a chance to profit from market rallies may end up earning nothing and owing taxes for their efforts.

By Bloomberg
REGULATION AND LEGISLATION JUN 18, 2010
The fiduciary standard's next step

House and Senate negotiators last week hit an impasse that may be resolved as early as tomorrow on the fiduciary duty provision embedded in the massive financial regulatory reform bill.

By Mark Schoeff Jr.