Advisor News

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REGULATION AND LEGISLATION NOV 27, 2011
B-Ds face hiked fees for audit oversight

PCAOB to charge broker-dealers more to monitor firms' auditors

By Mark Schoeff Jr.
REGULATION AND LEGISLATION NOV 25, 2011
MF Global's failure may shift regulation mood

The push for increased oversight of the financial investment and advice industry may have gotten an unexpected boost

By Jeff Benjamin
Supercommittee a superdud as panel to announce failure
REGULATION AND LEGISLATION NOV 23, 2011
Supercommittee a superdud as panel to announce failure

Over the past few months, the budget supercommittee has been wrestling with ways to reduce the yawning U.S. deficit. During that time, a key GOP lawmaker has repeatedly said 'failure is not an option' for the bipartisan panel. Apparently, it is.

By John Goff
Want to target younger life insurance customers? Get online
FINTECH NOV 23, 2011
Want to target younger life insurance customers? Get online

With 2011 sales of life insurance products up just 4% over last year, carriers and producers would be well served by mining social networks to step up growth.

By Darla Mercado
Death of Jobs 'does create questions,' but advisers still big on Apple
EQUITIES NOV 22, 2011
Death of Jobs 'does create questions,' but advisers still big on Apple

Don't see magic fading following passing of company co-founder; 'creative spirit is still there'

By Jeff Benjamin
Treasury's printing press a success as U.S. debt  top sovereign bet
RETIREMENT PLANNING NOV 21, 2011
Treasury's printing press a success as U.S. debt top sovereign bet

Uncle Sam's paper up 26% this year; given troubles in Europe, demand not 'waning anytime soon'

By John Goff
REGULATION AND LEGISLATION NOV 21, 2011
Inside Joe Paterno's estate planning play

Joe Paterno's transfer of homeownership to his wife in July most likely wasn't an attempt to shield assets before a sexual-abuse scandal hit Pennsylvania State University's football program

By Liz Skinner
Wall Street wants something super from supercommittee: Pandit
REGULATION AND LEGISLATION NOV 21, 2011
Wall Street wants something super from supercommittee: Pandit

Pandit says panel faces 'true moment of leadership for the U.S.; meanwhile, influential lawmaker says GOP could come around on taxes

By Mark Schoeff Jr.
RETIREMENT PLANNING NOV 21, 2011
529 plan wrinkle aims to reduce worry lines of savers

Rhode Island's college savings plan has a new feature aimed at limiting parents' roller coaster ride when the markets face extreme environments. And observers say the idea may catch on with competitors.

By Liz Skinner
REGULATION AND LEGISLATION NOV 21, 2011
YieldPlus costs Schwab $119M in settlement

The Charles Schwab Corp. will pay $119 million to regulators to settle charges related to its disastrous YieldPlus bond fund, the company said last week.

By Dan Jamieson
CFP Board to warn planners about declaring bankruptcy
REGULATION AND LEGISLATION NOV 18, 2011
CFP Board to warn planners about declaring bankruptcy

Filing for protection from creditors could come back to haunt planners; sanctions, revoking of CFP mark possible

By Mark Schoeff Jr.
REGULATION AND LEGISLATION NOV 18, 2011
CFP Board looks to tighten certification, disciplinary rules for planners

Investment advisers seeking certification as a financial planner would have to demonstrate work experience in a narrower calendar surrounding their examination date, under changes proposed by the Certified Financial Planner Board of Standards Inc. .

By Mark Schoeff Jr
RETIREMENT PLANNING NOV 18, 2011
Agents fleeced Aviva in church insurance scheme, suit claims

Aviva says a slew of charity-originated life insurance policies were touted as way to aid churches in poorer neighborhoods. But the carrier claims agents and third-party were the biggest beneficiaries

By Darla Mercado
Obama tuition plan could get students sacked by bursars
RETIREMENT PLANNING NOV 17, 2011
Obama tuition plan could get students sacked by bursars

Critics say proposal will lead to less Federal assistance, and thus less financial aid; 'Johnny Jones isn't going to appreciate that'

By John Goff
State halts sales of underwater college savings plan
RETIREMENT PLANNING NOV 17, 2011
State halts sales of underwater college savings plan

Illinois stops accepting new participants due to gap in funding

By Steve Daniels
RETIREMENT PLANNING NOV 17, 2011
Savers 86ing 529 contributions

College savings plans saw first negative outflows since the financial crisis; demographics, lousy economy cited

By John Goff
Baby boomers ill-informed about Medicare: Survey
RETIREMENT PLANNING NOV 17, 2011
Baby boomers ill-informed about Medicare: Survey

Most baby boomers, even those past retirement age, say they don't know much about Medicare, the federal health insurance plan for seniors. Their ignorance could end up costing them.

By Lavonne Kuykendall
One-third of employers may drop health plans
RETIREMENT PLANNING NOV 17, 2011
One-third of employers may drop health plans

Almost one-third of U.S. employers are likely to stop providing health coverage for workers in 2014, when U.S. subsidies become available for people to buy individual policies.

By Doug Cubberley
RETIREMENT PLANNING NOV 16, 2011
Americans staying put, but those who move heading to no-tax states

The Census Bureau says fewer Americans relocated last year than in six decades. But those who did pick up stakes tended to move to states with either no personal income tax or relatively low overall rates. | <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&amp;Date=20110915&amp;Category=FREE&amp;ArtNo=915009999&amp;Ref=PH&amp;Params=Itemnr=1>States with the highest tax rates &amp;raquo;</a>

By John Goff
OPINION NOV 16, 2011
Insights into the annuity puzzle

There is now substantial literature on the behavioral economics of retirement saving, which has stressed that both behavioral and institutional factors play an important role in determining saving accumulations

By Shlomo Benartzi