Advisor News

Displaying 26834 results
RETIREMENT PLANNING MAR 15, 2018
Social Security budget cuts lead to declining customer service

Telephone, in-person wait times soar as the demand for retirement benefits rises.

By Mary Beth Franklin
Advisers complain to SEC about inadvertent custody
RIA NEWS MAR 15, 2018
Advisers complain to SEC about inadvertent custody

Agency official promises to clear up questions created by 2017 guidance.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION MAR 15, 2018
Senate rollback of Dodd-Frank faces challenge in House

Financial Services Chairman Hensarling makes it clear the House won't rubber-stamp the Senate's bill.

By Bloomberg
REGULATION AND LEGISLATION MAR 15, 2018
SEC Commissioner Hester Peirce wants fiduciary reform to preserve investor options

The Republican appointee wants to make sure there are a variety of payment models and levels of service.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION MAR 15, 2018
Senate votes to roll back parts of Dodd-Frank

Small lenders would not be subject to "too big to fail" requirements.

By Bloomberg
RETIREMENT PLANNING MAR 15, 2018
SunTrust Banks, 401(k) participants settle fiduciary-breach lawsuit

The class-action lawsuit is a consolidation of several complaints against the 401(k) plan fiduciaries.

By Robert Steyer
REGULATION AND LEGISLATION MAR 15, 2018
Fifth Circuit Court of Appeals vacates DOL fiduciary rule

In split decision, judges say agency exceeded authority.

By Mark Schoeff Jr.
WIREHOUSES MAR 14, 2018
UBS plans to cut 840 funds from its platform

Broker-dealer will remove about 20% of its 4,200 funds, a trend among wirehouses with several possible reasons behind it.

By Jeff Benjamin
RETIREMENT PLANNING MAR 14, 2018
401(k) plans are trifecta of confusion

Sponsors, providers and participants view plans differently, Cerulli research finds.

By Bloomberg
PRACTICE MANAGEMENT MAR 14, 2018
Merrill vets ready to recharge breakaway recruiting efforts

After regrouping in wake of broker-protocol exits, Snowden Lane Partners is ready to recruit wirehouse brokers and RIAs.

By Jeff Benjamin
RETIREMENT PLANNING MAR 14, 2018
Fiduciary rule shifts power to broker-dealer compliance departments

As firms try to limit their liability under the DOL rule, new problems have arisen.

By Fred Barstein
RETIREMENT PLANNING MAR 14, 2018
Public employee retirement systems could face shortfalls as retirees outnumber workers

Governments will need to make up a funding gap caused by investment losses, inadequate contributions.

By Bloomberg
WIREHOUSES MAR 13, 2018
Merrill shakes up group that works with richest clients

Experts dealing with international and private banking clients will now form one team.

By Bruce Kelly
WIREHOUSES MAR 13, 2018
Wirehouse advisers: time to unionize?

If leaving becomes more and more challenging for advisers, their firms may keep cutting compensation to boost returns to shareholders.

By DSARCH
LIFE INSURANCE AND ANNUITIES MAR 13, 2018
Appeals court upholds DOL fiduciary rule in case involving fixed indexed annuities

Market Synergy Group argued the regulation treated the annuity products arbitrarily and violated rulemaking procedures.

By Mark Schoeff Jr.
FINTECH MAR 13, 2018
Emerging market funds are powered by tech stocks

Should clients be concerned about funds' big holdings of Chinese technology stocks?

By John Waggoner
OPINION MAR 13, 2018
State auto-IRA programs poised to catch advisers' attention

OregonSaves has more than 19,000 people participating, while eight other states have passed measures setting up state-sponsored retirement plans.

By Blaine F. Aikin
OPINION MAR 13, 2018
Does money buy happiness?

Recent research sheds some light on this age-old question.

By Benjamin Cummings
ALTERNATIVES MAR 12, 2018
Lynn Tilton's Zohar funds file for bankruptcy

Tilton plans to refinance debt or sell assets of the three structured debt vehicles.

By Bloomberg
REGULATION AND LEGISLATION MAR 12, 2018
SEC bars two in pension pay-to-play scandal

The former brokers bribed a pension fund manager to get trades that netted them millions in commissions.

By InvestmentNews