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RETIREMENT PLANNING JUL 28, 2017
Treasury Department to wind down Obama-era myRA retirement program

The program, which was aimed at workers with no employer-sponsored retirement plan and little money to invest, suffered from low demand and high costs

By John Waggoner
RETIREMENT PLANNING JUL 28, 2017
U.S. plummets on global ranking for retirement security

Norway, Switzerland and Iceland hold on to the top three slots.

By Bloomberg
PRACTICE MANAGEMENT JUL 28, 2017
LPL's head count drops by almost 100 advisers in 2Q

Recruiting was down due to regulatory uncertainty, particularly over the DOL fiduciary rule, according to CEO Dan Arnold.

By Bruce Kelly
Most women flunk retirement income literacy quiz
RETIREMENT PLANNING JUL 28, 2017
Most women flunk retirement income literacy quiz

Only 18% of retirement age women can pass a basic quiz about how to make a nest egg last in retirement.

By Mary Beth Franklin
RETIREMENT PLANNING JUL 28, 2017
Advisers: What about your retirement?

Formulating a holistic plan is a good approach for clients, and you as well.

By Joni Youngwirth
INDUSTRY NEWS JUL 27, 2017
Merrill Lynch loses two teams managing $500 million to Raymond James

Separate four-person and two-person groups join employee unit in Tucson, Ariz.

By InvestmentNews
REGULATION AND LEGISLATION JUL 27, 2017
More advisers disapprove of Trump job performance at six-month mark

More than half of respondents to <i>InvestmentNews</i> poll say their confidence has dropped since start of term. Supporters give him partial credit for market uptick.

By Mark Schoeff Jr.
RIAS JUL 27, 2017
Hanson McClain sells majority interest to private equity firm

Founders of the RIA will stay on and use proceeds to expand into new markets.

By InvestmentNews
RETIREMENT PLANNING JUL 27, 2017
On Social Security, financial advisers tell clients to not count on much

Beyond debating its solvency, advisers embrace the reality of a broken system.

By Jeff Benjamin
REGULATION AND LEGISLATION JUL 27, 2017
Bannon plan to raise taxes on highest earners may find GOP support

Lawmaker says higher top income-tax rate may be acceptable, if coupled with other changes benefiting corporations.

By Bloomberg
LIFE INSURANCE AND ANNUITIES JUL 27, 2017
Filling in the protection gap for high-income earning physicians

Many doctors find a serious gap between the benefits of traditional disability and the replacement of their true income.

By Jason Zimmerman
RIAS JUL 27, 2017
Fidelity taps Goldman Sachs to expand lending services through RIAs

Streamlined non-purpose loans use investment portfolios as collateral.

By Jeff Benjamin
RETIREMENT PLANNING JUL 27, 2017
Most women flunk retirement income literacy quiz

Many female clients want advisers to educate them about investing and longevity risks.

By Mary Beth Franklin
BROKER DEALERS JUL 27, 2017
Cetera loses bank brokers managing $750 million &#8203;

Brokerage arm of Great Western Bank in South Dakota switches to Raymond James.

By Bloomberg
PRACTICE MANAGEMENT JUL 26, 2017
FS Investments promotes Mike Kelly to president

Will retain role as chief investment officer.

By InvestmentNews
PRACTICE MANAGEMENT JUL 26, 2017
Former Morgan Stanley broker barred over claims of unsuitable trading

Anthony Vincent Ferrone refused to provide complete testimony at Finra hearing

By InvestmentNews
REGULATION AND LEGISLATION JUL 26, 2017
Jay Clayton says SEC, DOL can give market 'clarity' on fiduciary rule

Chief regulator is confident two agencies could reach 'common ground' on an investment advice standard across all accounts.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION JUL 26, 2017
Finra promotes Susan Schroeder to head unified enforcement effort

Ms. Schroeder had been serving as head of enforcement since the departure of Brad Bennett earlier this year.

By InvestmentNews
RETIREMENT PLANNING JUL 26, 2017
Retirement plan participation higher than previously thought: ICI

But there's still plenty of room for improvement.

By John Waggoner
REGULATION AND LEGISLATION JUL 25, 2017
RBC to pay $560,000 for transferring retiree's pension

Finra panel says Wyoming couple lost right to receive monthly benefits.

By InvestmentNews