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RIA M&A could pick up in the wake of coronavirus
OPINION APR 24, 2020
RIA M&A could pick up in the wake of coronavirus

The market downturn may have hurt some valuations, but many of the other factors that have been fueling deal-making are still in place

By Larry Roth
House overwhelmingly passes aid bill
REGULATION AND LEGISLATION APR 24, 2020
House overwhelmingly passes aid bill

President Trump is scheduled to sign the $484 billion coronavirus stimulus package Friday

By InvestmentNews
3 Questions: Brian Hamburger on adviser recruiting
BROKER DEALERS APR 23, 2020
3 Questions: Brian Hamburger on adviser recruiting

The founder and CEO of MarketCounsel discusses whether advisers are rethinking their plans to go independent

By InvestmentNews
Pandemic fallout sends consumers racing toward financial planners
PRACTICE MANAGEMENT APR 23, 2020
Pandemic fallout sends consumers racing toward financial planners

Lockdown gives consumers and DIY investors time for financial spring cleaning

By Jeff Benjamin
Finra proposes one-stop shopping for background checks on advisers
RIAS APR 23, 2020
Finra proposes one-stop shopping for background checks on advisers

Under its proposed rule, BrokerCheck and the SEC's database would display the same information on dual registrants

By Mark Schoeff Jr.
Employers weigh cuts in plan contributions, record keepers say
RETIREMENT PLANNING APR 23, 2020
Employers weigh cuts in plan contributions, record keepers say

Most plan participants are not shifting allocations, but they are looking for loans or hardship withdrawals

By InvestmentNews
Wells Fargo adds SECURE Act-friendly 401(k) annuity service
RETIREMENT PLANNING APR 23, 2020
Wells Fargo adds SECURE Act-friendly 401(k) annuity service

The firm will act as a fiduciary for insurance provider selection for qualified longevity annuity contracts

By Emile Hallez
Bid to let states go bankrupt quickly nixed a decade ago
FIXED INCOME APR 23, 2020
Bid to let states go bankrupt quickly nixed a decade ago

Mitch McConnell's comment came as Congress considers extending aid to cities and states that are seeing tax revenue disappear as wide swaths of the economy are shut down

By Bloomberg
Dispelling CARES Act confusion
RETIREMENT PLANNING APR 23, 2020
Dispelling CARES Act confusion

Ed Slott clears up questions about how the CARES Act will affect required minimum distributions

By InvestmentNews
Another broker sues Ohio National over VA commissions
LIFE INSURANCE AND ANNUITIES APR 23, 2020
Another broker sues Ohio National over VA commissions

Somerset Securities recently filed a case against the insurer over its 2018 decision to halt trail commissions on certain variable annuity contracts

By Emile Hallez
The CARES Act: Relief for retirement plan participants
OPINION APR 22, 2020
The CARES Act: Relief for retirement plan participants

Plan sponsors will need to amend their plans to cover the CARES Act changes that they decide to implement

By Fred Reish
Advisers should look before leaping into stimulus debt programs
OPINION APR 22, 2020
Advisers should look before leaping into stimulus debt programs

Unless it's a matter of business survival, the strings attached to the loans might prove even more costly

By Jeff Benjamin
COVID-19’s impact on DC plans may be manageable
RETIREMENT PLANNING APR 22, 2020
COVID-19’s impact on DC plans may be manageable

Market volatility may be biggest factor in producing retirement shortfalls, according to the Employee Benefit Research Institute

By InvestmentNews
SEC settles fraud charges against Ponzi-scheme participant
REGULATION AND LEGISLATION APR 22, 2020
SEC settles fraud charges against Ponzi-scheme participant

Former adviser Barry Bekkedam will pay a $100,000 fine plus interest

By InvestmentNews
Advisers want CFP continuing education to count toward state requirements
PRACTICE MANAGEMENT APR 22, 2020
Advisers want CFP continuing education to count toward state requirements

NASAA model rule would require IARs to complete CE to close the regulatory gap with brokers

By Mark Schoeff Jr.
VA sales up, fixed annuities down: LIMRA report
RETIREMENT PLANNING APR 22, 2020
VA sales up, fixed annuities down: LIMRA report

Low interest rates drove investors away from some products, but that may change, according to the organization's Secure Retirement Institute

By Emile Hallez
Forget the bear! LPL is paying recruits like it's 2019
BROKER DEALERS APR 22, 2020
Forget the bear! LPL is paying recruits like it's 2019

Meanwhile, the giant IBD continues to evolve its business with a new offering targeting wirehouse advisers

By Bruce Kelly
Social Security funding still set to run out in 2035
RETIREMENT PLANNING APR 22, 2020
Social Security funding still set to run out in 2035

The latest estimate is unchanged from last year's, but it does not reflect the impact of the COVID-19 pandemic on the trust funds

By Mary Beth Franklin
Oil spasms send foundering ETF into series of unusual steps
ETFS APR 22, 2020
Oil spasms send foundering ETF into series of unusual steps

The United States Oil Fund had to suspend the issuance of new shares after losing a third of its value in two days

By Bloomberg
Escape hatch for workers claiming Social Security early
RETIREMENT PLANNING APR 22, 2020
Escape hatch for workers claiming Social Security early

A special rule allows benefits for those who have exceeded the annual earnings limit in their first year of retirement

By Mary Beth Franklin