Many plans don't offer annuities, and those that do see little participant uptake, but more regulatory clarity, better products and heightened interest will likely lead to greater prevalence.
Advisers can improve client outcomes and make their own lives easier by practicing one or two new techniques.
The Skybridge Capital executive says the regulation diverts too much capital into low-cost passive funds, and he compares it to the 1857 Dred Scott decision. <b><i>(More: <a href="http://www.investmentnews.com/article/20160925/FREE/160929970/hillary-clinton-vs-donald-trump-who-are-you-voting-against" target="_blank">Hillary Clinton vs. Donald Trump: Who are you voting against?</a>)</b></i>
The best practices program will require advisers to charge reasonable fees and disclose them.
The custodian and clearing firm is quietly building an offering of digital advice integrations it offers its clients.
Plus: Congress paves the road to becoming filthy rich, NextShares gains traction, and banking on a Clinton victory
This is the fourth consecutive year of COLAs falling below 2%.
Spouses can claim benefits when mate collects disability.
Planning centric digital advice solution part of new Fidelity platform for advisers.
Spouses can claim benefits when mate collects disability.
Jeffrey Howell allegedly overvalued a UBS customer's account by as much as $3 million.
Small increase will create a Medicare nightmare as premium hikes will vary.
But increase would be seven times higher if pegged to Consumer Price Index for the elderly.
CFO Paul Donofrio says the bank's decision "creates significant flexibility for our advisers, and we're delivering fiduciary, best-interest advice to clients.” <b><i>(More: <a href="http://www.investmentnews.com/section/fiduciary-faq" target="_blank">A comprehensive, searchable database of advisers' fiduciary FAQs</a>)</i></b> .
Tech experts are showing, not just telling, advisers that they are vulnerable to online threats
Despite record enforcement at the agency, the senator focused on Ms. White's 'brazen conduct.' <b><i>(More: <a href="http://www.investmentnews.com/article/20160904/FREE/160909989/why-financial-advisers-hate-elizabeth-warren" target="_blank">Why advisers hate Elizabeth Warren</a>)</i></b>
First Heartland Capital broker Jerome Scott Krause liquidated some of their investments without consent
The broker wired funds to a business account to pay himself a higher salary, unearned commissions.
The Thrush Group will be the 10th transition to HighTower this year.
A home equity conversion mortgage — more commonly known as a reverse mortgage —is becoming harder to dismiss as an income tool for retirement plans.
