Advisor News

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Camardas appeal dismissal of case against CFP Board
PRACTICE MANAGEMENT JUN 21, 2016
Camardas appeal dismissal of case against CFP Board

Florida planners will continue legal battle over use of fee-only compensation label.

By Mark Schoeff Jr.
Republican tax plan would reduce brackets, slash investment taxes
REGULATION AND LEGISLATION JUN 20, 2016
Republican tax plan would reduce brackets, slash investment taxes

House Republicans rolled out a tax-reform plan on Friday that would reduce the number of individual rates to three and eliminate many deductions.

By Mark Schoeff Jr.
Eight ways to comply with DOL fiduciary rule
REGULATION AND LEGISLATION JUN 20, 2016
Eight ways to comply with DOL fiduciary rule

Labor Department's principles-based rule raising investment advice standards for retirement accounts gives firms flexibility in how to meet compliance.

By Manisha Kimmel
FINTECH JUN 19, 2016
Women-focused robo-adviser SheCapital shuts down

Not enough investors signed up for the niche platform that started about a year ago.

By Alessandra Malito
REGULATION AND LEGISLATION JUN 19, 2016
Investment Adviser Association wants RIA clients designated as accredited investors

Interest group argues the fiduciary advisers it represents provide the type of protections intended by the standard.

By Mark Schoeff Jr.
RETIREMENT PLANNING JUN 19, 2016
Skeptical advisers should reexamine their attitudes toward reverse mortgages

Most of the loans' issues have been solved, or at least ameliorated.

By InvestmentNews
John Oliver lambasts U.S. retirement savings system, supports DOL fiduciary rule
RETIREMENT PLANNING JUN 17, 2016
John Oliver lambasts U.S. retirement savings system, supports DOL fiduciary rule

The star of a late-night HBO comedy show had some biting words for non-fiduciary brokers, high 401(k) fees and active fund management.

By Greg Iacurci
Fiduciary duty finally hits mainstream — and Main Street
REGULATION AND LEGISLATION JUN 17, 2016
Fiduciary duty finally hits mainstream — and Main Street

The battle over the DOL rule is now moving into the court of public opinion. <i><b>Plus: <a href="//www.investmentnews.com/article/20160613/FREE/160619978/john-oliver-lambasts-u-s-retirement-savings-system-supports-dol&quot;" target="&quot;_blank&quot;" rel="noopener noreferrer">Advisers react to comedian John Oliver's biting takedown of brokers and America's retirement system</a>.</b></i>

By Mark Schoeff Jr.
EQUITIES JUN 16, 2016
Collective investment trusts rise in popularity as attractive alternatives to mutual funds

Fiduciaries need to be well versed in these low-cost investment vehicles and how to assess them.

By Blaine F. Aikin
Betterment, Wealthfront among fintech leaders at White House tech summit
FINTECH JUN 16, 2016
Betterment, Wealthfront among fintech leaders at White House tech summit

Policymakers and regulators eye financial technology and how it is expanding accessibility to more consumers.

By Alessandra Malito
RETIREMENT PLANNING JUN 16, 2016
Want to work past retirement age? You're not alone

Senior citizens are already working more now than they did in the 1980s and 1990s. But can we raise the retirement age for good?

By Bloomberg
EQUITIES JUN 16, 2016
Wall Street figuring out how to hedge against a Donald Trump presidency

<i>Breakfast with Benjamin</i> Wall Street investors are working on how to position their portfolios for a potential Donald Trump presidency.

By Jeff Benjamin
DOL must keep dialogue open on fiduciary rule
LIFE INSURANCE AND ANNUITIES JUN 16, 2016
DOL must keep dialogue open on fiduciary rule

Sudden withdrawal of DOL's Timothy Hauser from a panel at the Insured Retirement Institute conference was a blunder.

By Andrew Leigh
Two more industry groups file lawsuits against the DOL fiduciary rule
LIFE INSURANCE AND ANNUITIES JUN 16, 2016
Two more industry groups file lawsuits against the DOL fiduciary rule

Today's complaints against the Labor Department regulation raising retirement advice standards, bringing the total to five, say it will make it harder for Americans to purchase fixed annuities.

By Tanvi Acharya
A widow's Social Security dilemma
RETIREMENT PLANNING JUN 16, 2016
A widow's Social Security dilemma

Earnings test complicates choice between retirement and survivor benefits.

By Mary Beth Franklin
Social Security cost-of-living adjustment unlikely for 2017
RETIREMENT PLANNING JUN 16, 2016
Social Security cost-of-living adjustment unlikely for 2017

High-income retirees could see net benefits decline next year if Medicare premiums rise.

By Mary Beth Franklin
RETIREMENT PLANNING JUN 16, 2016
Choosing default investment alternatives for 401(k)s requires close due diligence

Maximizing the potential for positive participant outcomes, and minimizing regulatory and litigation risks, requires close analysis of QDIAs.

By Blaine F. Aikin
Madoff sons' fight over cash continues after their deaths
RETIREMENT PLANNING JUN 16, 2016
Madoff sons' fight over cash continues after their deaths

Mark and Andrew Madoff died without resolving a 2009 lawsuit accusing them of squandering $150 million of investors' money.

By Bloomberg
FINTECH JUN 15, 2016
XY Planning Network's fintech contest introduces innovative software ideas

Finalists include six companies with adviser tools for client prospecting, advising on student loans and more.

By Alessandra Malito
Financial advisers weigh in on the best money advice they received from their dads
RETIREMENT PLANNING JUN 15, 2016
Financial advisers weigh in on the best money advice they received from their dads

Experts share what they learned from their fathers &amp;mdash; and what they are eager to impress upon their kids.

By Skip Schweiss