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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
Investors, especially millennials, have unrealistic expectations about annual returns: study
INDUSTRY NEWS JUN 16, 2016
Investors, especially millennials, have unrealistic expectations about annual returns: study

The average stock market yield globally is only 3.8%, but Americans expect 11% annually.

By Bloomberg
Pimco plans to cut workforce after drop in assets since Bill Gross' abrupt exit
INDUSTRY NEWS JUN 16, 2016
Pimco plans to cut workforce after drop in assets since Bill Gross' abrupt exit

Firm cutting 68 people as it closes dividend-income funds.

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
INDUSTRY NEWS JUN 16, 2016
Are the stock indexes signaling who will win the White House?

<i>Breakfast with Benjamin</i> One analyst says presidential polls and U.S. indexes move in lockstep, citing Clinton's rising fortunes and a rising stock market as an example.

By Jeff Benjamin
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
EQUITIES JUN 16, 2016
How a Brexit will hit U.S. stocks

Plus: The Fed moves bonds, the downside of diversification, and don't rule out a staycation this summer

By Jeff Benjamin
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
Elm Tree Investment Advisors executives charged in $17 million fraud
INDUSTRY NEWS JUN 16, 2016
Elm Tree Investment Advisors executives charged in $17 million fraud

Firm's founder and COO accused of running Ponzi scheme using supposed investments

By Bloomberg
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
FIXED INCOME JUN 15, 2016
Allianz's El-Erian says the Fed is putting the U.S. economy at risk

<i>Breakfast with Benjamin</i> The critics of the Fed's monetary policy are getting louder. Meanwhile, the Fed continues to march to the beat of its own drummer.

By Jeff Benjamin
Leuthold Group: Long-term stock indicator wildly bullish
EQUITIES JUN 15, 2016
Leuthold Group: Long-term stock indicator wildly bullish

Indicator last flashed a buy signal in May 2009.

By John Waggoner
Tensions between Sen. Warren and SEC's White boil over at hearing
REGULATION AND LEGISLATION JUN 15, 2016
Tensions between Sen. Warren and SEC's White boil over at hearing

Lawmakers express frustration with Chairwoman Mary Jo White's leadership as they grill her on corporate disclosures and a universal fiduciary rule at Senate hearing.

By Mark Schoeff Jr.
The debate of free versus fee for robo-advisers
FINTECH JUN 15, 2016
The debate of free versus fee for robo-advisers

Most companies charge a price for their digital advice platforms, but for how long?

By Alessandra Malito
ETFS JUN 15, 2016
Don't let the fickle Fed hamstring your bond portfolio

<i>Breakfast with Benjamin</i> There are ways to protect your bond holdings from the whims of the Federal Reserve.

By Jeff Benjamin
ETF boon under DOL fiduciary rule won't be universal
ETFS JUN 15, 2016
ETF boon under DOL fiduciary rule won't be universal

Some of the more exotic ETF strategies may be difficult to defend as being in a client's best interest.

By Greg Iacurci