One of the largest nontraded REITs has been sued by an investor in a potential class action, with the investor alleging negligence and a breach of fiduciary duty.
Advisers rally around Ron Rhoades, who yesterday bowed out as the next chairman of NAPFA after acknowledging a minor compliance violation.
ERISA lawyers say recruitment of Davis suggests insurer could be prepping for new rules
The election clarified some issues for advisers and their clients but left dark clouds of uncertainty hovering over major financial and economic concerns.
Could see more takers than buybacks proposed by rivals; 'great option if you're on your deathbed'
Will Obama settle for more 'revenue' rather than higher 'rates' from wealthy?
Pre-packaged seminars on key topics designed to attract and retain pre-retiree clients
Reps are none too thrilled with Jackson National's cuts to some VA features, particularly since the carrier offered only a few days' notice before the changes take effect. Said one harried adviser: "It's offensive."
Investors to get their money back — in ten years or so
Insurer originally sought $2.1 million in case involving 131 parishioners; only two defendants left
Search for guaranteed income boosts sales; rising stock market fails to lift VAs
IRS focus on individuals, small business with income over $200k could bring in extra $1B.
Different trusts benefit from puny rates, tax adviser says; 'lock those in now'
