Advisor News

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RIA NEWS JAN 31, 2013
Genworth shrinks again, sells off wealth management unit

Executives at Genworth Financial took another step in their downsizing with the announcement of the much-anticipated sale of its wealth management unit. Who bought it? Darla Mercado has the details.

By Darla Mercado
INDEPENDENT BROKER DEALERS JAN 31, 2013
Finra backtracks on plan to end 5% markup rule

After receiving a fair amount of negative comments from reps, Finra is backtracking on its plan to end the 5% markup rule.

By DJAMIESON
RETIREMENT PLANNING JAN 31, 2013
Barro: In flap over 'Makers and Takers,' Ryan a faker

Rep.'s attacks on Obama's 'twist of terms' feature some twists of his own

By Josh Barro
FINTECH JAN 31, 2013
Take two tablets: Microsoft's iPad rival to surface in time for holidays

Windows folks have a history with tablets; pricing announced; specs compared

By Janowski Davis
Credit-worth of Genworth gets worse, nears junk
RETIREMENT PLANNING JAN 31, 2013
Credit-worth of Genworth gets worse, nears junk

S&P lowers rating on insurer to lowest investment-grade level

By John Goff
Genworth latest to rein in LTC insurance offerings
RETIREMENT PLANNING JAN 31, 2013
Genworth latest to rein in LTC insurance offerings

Carrier to suspend sale of lifetime benefits, 10-pay versions of product; changes to kick in July 29

By Darla Mercado
Why CrackBerry addicts would rather fight than switch
FINTECH JAN 31, 2013
Why CrackBerry addicts would rather fight than switch

Despite sales of iPhone and Droid, RIM device still beloved by millions; lauded for its ease of use and speed

By John Goff
REGULATION AND LEGISLATION JAN 30, 2013
Without road map, tax reform veers all over

New Year's Eve legislation that averted trillions of dollars of automatic tax increases and spending cuts was brimming with provisions that permanently extended many Bush administration tax cuts. What was missing, however, was language that provided direction on comprehensive tax reform. All kinds of ideas are filling the void.

By Mark Schoeff Jr.
RIA NEWS JAN 30, 2013
TD 2013 Live!: By overlooking security holes, advisers put clients at risk

Speaking at TD Ameritrade's annual conference, security experts said unsecured servers and lame passwords are putting advisers' clients at risk

By DJAMIESON
RETIREMENT PLANNING JAN 29, 2013
Retirement income shortcuts not always best route

it is understandable when people rely on simple retirement maxims to get past their insecurities and fears. Unfortunately, those adages are often a poor fit.

By Dune Thorne
Finra seeks comments on bonus disclosure plan
REGULATION AND LEGISLATION JAN 29, 2013
Finra seeks comments on bonus disclosure plan

Finra is seeking comments on its controversial bonus disclosure plan. Don't expect any love letters.

By DJAMIESON
Aviva-Athene deal prompts hope, certainty for insurance agents
RETIREMENT PLANNING JAN 29, 2013
Aviva-Athene deal prompts hope, certainty for insurance agents

Fingers crossed for product enhancements, ratings upgrades.

By Darla Mercado
Another ratings cut for big seller of indexed annuities
RETIREMENT PLANNING JAN 29, 2013
Another ratings cut for big seller of indexed annuities

Moody's lowers financial strength grade for Aviva Life; third reduction in three months

By Darla Mercado
Guggenheim's Security Benefit Life climbs among top fixed-annuity players
RETIREMENT PLANNING JAN 29, 2013
Guggenheim's Security Benefit Life climbs among top fixed-annuity players

Hot third-quarter indexed-annuity sales help propel industry, PE-backed insurers show staying power

By Darla Mercado
REGULATION AND LEGISLATION JAN 29, 2013
New SEC boss Walter may not be lame duck

Many observers think newly designated SEC chair Elisse Walter will be a lame-duck boss. They may be wrong. <a href=http://www.investmentnews.com/article/20121127/FREE/121129970>Dwyer: Krawcheck, please</a> &amp;raquo;

By Mark Schoeff Jr.
Confirmed: Aviva seeks buyer for U.S. annuity and life ops
RETIREMENT PLANNING JAN 29, 2013
Confirmed: Aviva seeks buyer for U.S. annuity and life ops

By Darla Mercado
Advisers reject NBA retirement plan
RETIREMENT PLANNING JAN 29, 2013
Advisers reject NBA retirement plan

Say league is tossing up a brick with reliance on annuities; 'solution of last resort'

By Darla Mercado
Financial planner involved in NBA players' union probe: Report
REGULATION AND LEGISLATION JAN 29, 2013
Financial planner involved in NBA players' union probe: Report

Union paid $4.8M to members of union chief's family for financial planning, legal services

By Doug Cubberley
REGULATION AND LEGISLATION JAN 28, 2013
Live! OneVoice2013: Fiduciary rule tops FSI's 2013 priority list

Regulatory reform and protecting independent contractor reps also big.

By Bruce Kelly
Finra seeks to tighten arbitrator rule
REGULATION AND LEGISLATION JAN 28, 2013
Finra seeks to tighten arbitrator rule

Finra wants to tighten up its arbitration procedure. For starters, the self-regulator aims to bar hedgies and mutal fund executives from panels.

By DJAMIESON