Advisor News

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PRACTICE MANAGEMENT MAR 23, 2016
Bernie Sanders struggles for details in his populist attacks on Wall Street

Plus: Most investors made money in March, negative interest rates could mean the end of cash as we know it, and re-writing office dress codes

By Jeff Benjamin
Genworth to pay $219M to settle securities lawsuit related to long-term-care insurance
RETIREMENT PLANNING MAR 23, 2016
Genworth to pay $219M to settle securities lawsuit related to long-term-care insurance

The insurer allegedly made false representations to investors over the strength of its long-term-care business.

By Greg Iacurci
How to effectively use health savings accounts for health care in retirement
RETIREMENT PLANNING MAR 23, 2016
How to effectively use health savings accounts for health care in retirement

A Health Savings Account is one of the best ways to have retirement cash-flow that is excluded from Medicare's equation.

By Katy Votava
Wirehouses least likely to lose clients because of high fees, Cerulli says
WIREHOUSES MAR 23, 2016
Wirehouses least likely to lose clients because of high fees, Cerulli says

Only 5% of clients left the wirehouses last year because they felt fees were too high

By Christine Idzelis
On verge of GOP nomination, advisers say Trump is still largely an unknown
REGULATION AND LEGISLATION MAR 23, 2016
On verge of GOP nomination, advisers say Trump is still largely an unknown

One says isolationist policies could be bad for economic growth, but another likes his stand on tax reform.

By Mark Schoeff Jr.
INDEPENDENT BROKER DEALERS MAR 23, 2016
LPL authorizes $500 million share buyback

IBD sets plan a month after activist investor Marcato Capital took a 6.3% stake.

By Bruce Kelly
State regulators offer training to help spot senior financial abuse
REGULATION AND LEGISLATION MAR 22, 2016
State regulators offer training to help spot senior financial abuse

The North American Securities Administrators Association will make Senior$afe available to its members next month.

By Mark Schoeff Jr.
RETIREMENT PLANNING MAR 22, 2016
Retirement confidence plateaus in 2016: EBRI

Overall, workers are much more optimistic about their prospects for a comfortable retirement following lows in the recent financial crisis.

By Greg Iacurci
Litigation calls for more transparency in the retirement industry
RETIREMENT PLANNING MAR 22, 2016
Litigation calls for more transparency in the retirement industry

Updated accounting processes and technology are within reach — and could help stem disputes.

By Bob Ward
Majority of retirees roll funds out of 401(k) plans
RETIREMENT PLANNING MAR 22, 2016
Majority of retirees roll funds out of 401(k) plans

New survey finds the majority of boomers who work with advisers opt to move their money to an IRA in an attempt to improve their investment performance.

By Mary Beth Franklin
RCAP and Cetera sue Lightyear for poaching executives
INDEPENDENT BROKER DEALERS MAR 21, 2016
RCAP and Cetera sue Lightyear for poaching executives

Suit alleges the private-equity firm is helping top brass break non-compete agreements and then hiring them.

By Bruce Kelly
Think your stock fund is risky? Try these ETFs
ALTERNATIVES MAR 21, 2016
Think your stock fund is risky? Try these ETFs

Exchange-traded funds have achieved a new feat, producing dozens of funds that are riskier than the most volatile individual stocks in the Standard and Poor's 500 stock index.

By John Waggoner
LIFE INSURANCE AND ANNUITIES MAR 21, 2016
SEC adds ETFs, variable annuities to exam priorities

The Securities and Exchange Commission will be looking at ETF sales strategies, trading practices and disclosures, as well as suitability and sales supervision of variable annuities.

By Mark Schoeff Jr.
And the new owners of Cetera Financial Group will be ...
INDEPENDENT BROKER DEALERS MAR 21, 2016
And the new owners of Cetera Financial Group will be ...

Private-equity firms and an asset manager have been identified as among the broker-dealer network's new ownership.

By Bruce Kelly
FINTECH MAR 20, 2016
MoneyGuidePro updates new version in line with DOL fiduciary rule requirements

Updates for the latest version include features on client goals, life expectancy, household risk tolerance, health care and Social Security.

By Alessandra Malito
The implications of the DOL retirement study for plan advisers
RETIREMENT PLANNING MAR 20, 2016
The implications of the DOL retirement study for plan advisers

Regulators are continuing their push for industry-provided data to improve compliance oversight.

By Blaine F. Aikin
eMoney names Fidelity's Ed O'Brien as new CEO, replacing Mike Durbin
FINTECH MAR 18, 2016
eMoney names Fidelity's Ed O'Brien as new CEO, replacing Mike Durbin

The new exec is taking place of founding chief executive Edmond Walters, who stepped down in September

By Alessandra Malito
Why fixed indexed annuities are continuing to increase in popularity
RETIREMENT PLANNING MAR 18, 2016
Why fixed indexed annuities are continuing to increase in popularity

Their features require careful explanation, but today's fixed indexed annuities can offer upside for clients.

By Mark Fitzgerald
Volatility drives stock market fears in 401(k) plans
RETIREMENT PLANNING MAR 18, 2016
Volatility drives stock market fears in 401(k) plans

Participants shifted their balances to conservative funds amid higher trading activity.

By Greg Iacurci
Kocherlakota: Use the power of negative rates
REGULATION AND LEGISLATION MAR 18, 2016
Kocherlakota: Use the power of negative rates

If the Fed takes rates into negative territory, it might actually be able to raise rates faster and higher

By Bloomberg