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Why you should stay calm as Brexit roils markets
INDUSTRY NEWS JUN 24, 2016
Why you should stay calm as Brexit roils markets

Financial advisers pressed investors to 'keep calm and carry on' following the United Kingdom's surprising vote to leave the European Union after 43 years.

By Liz Skinner
EQUITIES JUN 24, 2016
SEC going after advisers for reverse churning

<i>Breakfast with Benjamin</i> The commission is specifically looking at why some clients are in advisory accounts versus brokerage accounts.

By Jeff Benjamin
Financial Twitter reacts to Brexit vote
EMERGING MARKETS JUN 24, 2016
Financial Twitter reacts to Brexit vote

Advisers and other professionals took to Twitter Friday to share their reactions and advice.

By lkonish
INDUSTRY NEWS JUN 24, 2016
Take 5: Franklin Templeton's Michael Hasenstab says fixed-income yields 'artificially distorted'

Five candid responses on the Fed, interest rates, the Brexit vote, the fate of bonds and summiting Mount Everest.

By Jeff Benjamin
Allianz's Mohamed El-Erian sees 'common element' between Brexit vote, negative rates, strange politics and Fed policy
INDUSTRY NEWS JUN 24, 2016
Allianz's Mohamed El-Erian sees 'common element' between Brexit vote, negative rates, strange politics and Fed policy

The firm's chief economic adviser blames low economic growth on a excessive dependence on monetary policy mixed together with &quot;strange politics.&quot;

By Greg Iacurci
Retirement calculators show 'dramatically different' results
RETIREMENT PLANNING JUN 24, 2016
Retirement calculators show 'dramatically different' results

Studies show publicly available retirement calculators shouldn't be taken at face value.

By Greg Iacurci
Franklin Templeton's Hasenstab kicks off Morningstar with nod to emerging markets
EQUITIES JUN 24, 2016
Franklin Templeton's Hasenstab kicks off Morningstar with nod to emerging markets

Uncovering value in unloved economies.

By Jeff Benjamin
EQUITIES JUN 24, 2016
Wall Street's fear index rises as global markets face unrest

<i>Breakfast with Benjamin</i> As the Brexit vote approaches and markets face global uncertainties, the CBOE Market Volatility Index climbs above a symbolic threshold.

By Jeff Benjamin
Ex-LPL exec joins Edelman as CEO
BROKER DEALERS JUN 24, 2016
Ex-LPL exec joins Edelman as CEO

Ryan Parker joins RIA in the latest of many executive departures from LPL in the past few years.

By Greg Iacurci
BROKER DEALERS JUN 23, 2016
Finra fines Lincoln Financial broker-dealer $650,000 for failing to protect client data

Records of thousands of clients were exposed to foreign hackers, regulator claims.

By Bruce Kelly
DOL fiduciary rule places risk management software center stage
REGULATION AND LEGISLATION JUN 23, 2016
DOL fiduciary rule places risk management software center stage

Tech vendors are getting the spotlight thanks to the new regulation and market volatility.

By Alessandra Malito
Pacific Life expands reach in term life insurance market through Genworth acquisition
LIFE INSURANCE AND ANNUITIES JUN 23, 2016
Pacific Life expands reach in term life insurance market through Genworth acquisition

The insurer is trying to expand outside the affluent market with the purchase of a tech platform.

By Greg Iacurci
Litigation schedule set for suits against DOL fiduciary rule
PRACTICE MANAGEMENT JUN 23, 2016
Litigation schedule set for suits against DOL fiduciary rule

The plaintiffs and Labor Department are seeking summary judgment for the cases in a Dallas federal court, with a decision possible in October.

By Mark Schoeff Jr.
RETIREMENT PLANNING JUN 23, 2016
The fate of your retirement could be determined by this election

New retirement-saving laws will face a challenge if incoming lawmakers are leery of mandates on employers.

By Bloomberg
EQUITIES JUN 23, 2016
If all else fails, blame the sluggish economy on demographics

Plus: European activists hedge funds are nicer, Soros gets it all wrong, and crowdfunding for dummies

By Jeff Benjamin
RETIREMENT PLANNING JUN 23, 2016
How many marriages will really end in divorce?

Millennials have different attitudes toward marriage than their parents. But will they be better at keeping their vows?

By Bloomberg
Merrill Lynch to pay $415M to settle SEC charges it misused customer cash
REGULATION AND LEGISLATION JUN 23, 2016
Merrill Lynch to pay $415M to settle SEC charges it misused customer cash

In responses to charges it misused customer cash, the wirehouse agreed to the payment and to admit wrongdoing in violations of the customer protection rule.

By Christine Idzelis
Bond bears licking their wounds as stock funds lag amid low-interest rates
ALTERNATIVES JUN 23, 2016
Bond bears licking their wounds as stock funds lag amid low-interest rates

The average long-term government bond fund has soared 10.1% this year, according to Morningstar.

By John Waggoner
Jackson National's new variable annuity hints at annuities' future post-DOL fiduciary rule
RETIREMENT PLANNING JUN 23, 2016
Jackson National's new variable annuity hints at annuities' future post-DOL fiduciary rule

The firm is developing its first fee-based variable annuity, which many experts say is the future of the product line in the qualified market.

By Greg Iacurci
$555 million team of advisers jumps to Merrill Lynch from Morgan Stanley
PRACTICE MANAGEMENT JUN 23, 2016
$555 million team of advisers jumps to Merrill Lynch from Morgan Stanley

The Pohlen Terris and Kasper Group joined the Minnesota office.

By Christine Idzelis