Concern about 'Rothification' as part of larger tax reform spurs lobbying.
Legislation would require brokers to 'avoid, disclose or otherwise reasonably manage' conflicts of interest.
The settlement, if approved, would be among the largest in cases alleging enrichment due to use of proprietary investments.
Claimants wanted $3 million for alleged fraud, churning and negligence in bond trades
Though the House version would repeal the 3.8 percent tax on net investment income and 0.9 percent Medicare surtax, the Senate is trying to win over moderate holdouts.
Several obstacles await lawmakers, including an ongoing health-care fight and deadlines to keep the government running, let alone divisions among Republicans on the basic parameters of a tax bill.
The plaintiff claims the plans were "loaded" with proprietary mutual funds, and 98% of the investable assets were held in company-affiliated investments.
By focusing on market diversification, you can more easily build winning portfolios based on objective data.
Eligibility rules are more lenient for the survivors of young workers because of their brief careers.
Powered by data and analytics, the human component of advice will become even stronger.
The solution to "If I think of someone, I'll let you know."
Advisers preparing new financial plans are flying blind when it comes to clients' health-care needs.
Finra may rethink its ban on class-action waivers in arbitration clauses, depending on whether the court sides with the Trump administration.
Employers can avoid headaches by not exercising control over the health savings account process.
Benefits of one — or both — could be reduced due to excess earnings.
Amazon serves up great prices at an amazing speed. Could it make financial advice easy, too?
Growth has lagged outside of the nation's largest cities in New York, California and Florida.
Benefits of one — or both — could be reduced due to excess earnings.
The rule is a blip for elite plan advisers, but there are a number of ways inexperienced advisers are reacting.
