Advisor News

Displaying 26679 results
LIFE INSURANCE AND ANNUITIES FEB 14, 2008
Allianz Life arm agrees to pay $10 million fine

Insurer settles with California over allegedly inappropriate fixed annuity sales.

By Bloomberg
RETIREMENT PLANNING FEB 12, 2008
Lincoln Financial hires DC product head

Cynthia King will be head of products for the the company’s Employer Markets Defined Contribution and Executive Benefits Business segment.

By Bloomberg
FINTECH FEB 11, 2008
Ameriprise requires advisers to attend technology boot camp

Ameriprise Financial Inc. is calling 10,000 of its financial advisers to its headquarters for technology training on a grand scale.

By Bloomberg
RETIREMENT PLANNING FEB 11, 2008
Annuities gain ground in retirement market

Despite initial concerns about portability, cost and complexity, annuities in defined contribution plans are slowly gaining momentum, according to a new report.

By Bloomberg
RETIREMENT PLANNING FEB 11, 2008
Plan sponsors brace for new regs

Complying with new 401(k) fee disclosures will be an arduous task, said a number of leading attorneys.

By Bloomberg
OPINION FEB 11, 2008
Proposed budget needs a major dose of realism

In this election year, the country deserves a realistic budget, and President Bush's proposed budget for fiscal 2009 isn't it — even though it predicts a deficit of $407 billion.

By MFXFeeder
INDEPENDENT BROKER DEALERS FEB 11, 2008
Next Financial, Raymond James reach settlements

A broker who was recently booted from the securities industry has cost Next Financial Group Inc. and Raymond James Financial Services Inc. dearly — with the two firms paying out almost $850,000 to settle cases involving clients who got burned.

By Bloomberg
OPINION FEB 11, 2008
Defined Benefit Plans Can Boost Retirement Savings of Self-employed

By Bloomberg
FINTECH FEB 08, 2008
CRM Software set to release new version of Junxure

Version 7.0 of Junxure, the office management and work flow automation software created by and for financial advisers, will be released in the next few weeks, and it is getting some positive early reviews.

By Davis D. Janowksi
REGULATION AND LEGISLATION FEB 08, 2008
Regulators act to protect seniors

The SEC, FINRA and NASAA will seek input on firms’ best practices to protect senior investors.

By Bloomberg
REGULATION AND LEGISLATION FEB 07, 2008
FINRA contests arbitration study findings

A survey finding that arbitration customers do not believe the process is fair was “inconsistent,” FINRA said.

By Bloomberg
REGULATION AND LEGISLATION FEB 06, 2008
Arbitration participants cry foul, survey says

Most participants did not believe that the process was fair to all parties and were not satisfied with the outcome.

By Bloomberg
FINTECH FEB 04, 2008
New tools keep up with compliance

Technology to help automate and improve the compliance function may not ring a financial adviser's cash register, but it certainly can reduce the time-consuming and potentially costly problems that compliance failures create.

By Bloomberg
OPINION FEB 04, 2008
Give Bernanke a break

Wall Street pundits should lay off Fed Chairman Ben Bernanke and his Federal Reserve Board colleagues for being cautious with interest rate moves.

By MFXFeeder
INDEPENDENT BROKER DEALERS FEB 04, 2008
RJ eyed as takeover target, report says

Raymond James' asset-management unit and its bank could be worth close to $4 billion, according to Barrons.

By Bloomberg
OPINION FEB 04, 2008
Industry should reach out to women

Research shows that women are more vulnerable to poverty in old age than men for several reasons, including their longer life spans, shorter and interrupted working careers, and lower earnings.

By MFXFeeder
WIREHOUSES FEB 04, 2008
Mr. Wirehouse CEO, tear down your wall

By MFXFeeder
WIREHOUSES FEB 04, 2008
The ups and downs of going independent

If Charles Massimo had it to do all over again, he still would choose to leave Smith Barney and become an independent broker.

By Bloomberg
REGULATION AND LEGISLATION JAN 29, 2008
House passes $146B stimulus package

The Senate is planning to vote on a $160 billion version of the stimulus bill tomorrow.

By Bloomberg
INDEPENDENT BROKER DEALERS JAN 28, 2008
Independent Broker-Dealers: Independent B-Ds facing tough times

After a sterling 2007, leading independent-contractor broker-dealers are facing a horde of significant problems this year, with the subprime-mortgage crisis, skyrocketing gas and oil prices and the threat of a recession the most daunting.

By Bloomberg