FAFSAs for the 2017-18 school year are out three months earlier this year, and now allow reporting prior-prior year income data, or 2015.
What advice you can give to clients who are getting a late start putting money away for their kids' college education.
Some 42% of parents said they're losing sleep worrying about future college costs, and 63% feel guilty that they won't be able to pay more.
Advocates of federal direct loans are worried that privatization could mean the end of student loans as a broad entitlement.
The Department of Labor's rule exempting state-based auto IRA plans from ERISA could be in jeopardy under the new Republican administration. <b><i>(More: <a href="http://www.investmentnews.com/section/fiduciary-focus" target="_blank">The most up-to-date information on the DOL fiduciary rule</a>)</i></b>
Donald Lee Watson Jr. allegedly claimed he produced more than $700,000 in revenue when hired last year.
The advisory world is moving toward a fiduciary standard with or without the DOL rule, financial technology firms contend.
Plus: ETF investors fueled last week's rally, which industries will do what under President Trump, and United Airlines sets a new low for air-travel inconvenience
Largely ignored now, changes could make MEPs popular among retirement plan advisers.
Plus, the strategy can help reduce required minimum distributions and cut taxes.
Advisers will get loans to help cover earnings shortfall following firm's decision to ban commissions. <b><i>(More: <a href="http://www.investmentnews.com/article/20161101/FREE/161109984/bank-of-america-merrill-lynch-tells-advisers-to-stop-selling-mutual" target="_blank">Merrill tells advisers to stop selling mutual funds in brokerage IRAs</a>)</i></b>
Financial advisers are telling clients to make these moves before the end of 2016.
The wirehouse, whose platform will be available next year, joins other big firms jumping into digital advice. <b><i>(More: <a href="//www.investmentnews.com/article/20160524/FREE/160529970/sigfig-raises-40-million-in-funding-led-by-eaton-vance-asserting"" target=""_blank"" rel="noopener noreferrer">SigFig raises $40 million in funding led by Eaton Vance</a>)</b></i>
Allegations in the lawsuit largely resemble those of a separate one filed in August this year.
But chief regulator will continue to carry out current agenda until she steps down when Obama leaves office.
Two sets of benefits exist for ex-spouses depending on their birth dates.
By picking up 883 Transamerica advisers and $25 billion in client assets, its Signator Investors B-D now has the scale to compete profitably in era of increased regulation and rising costs.
