The transition will be completed by the time the Department of Labor fiduciary rule takes effect.
Plaintiffs claim Xerox took kickbacks from Financial Engines for including the managed-account provider on its record-keeping platform, breaching its fiduciary duty.
The president-elect barely mentioned the retirement crisis during his campaign, but will wield enormous power over many related issues once in office.
About 70% of Medicare beneficiaries are protected by a “hold harmless” provision.
Clients may choose fee-based or self-directed retirement accounts.
"Macroeconomic trends" led Hancock to ditch new policy sales, in the latest example of an LTC market beleaguered by negative consumer perception and low interest rates.
What's useful for clients in terms of planning is also good for business development.
Here's a sampling of what financial planners are advising investors to do to protect their money.
Cross border financial planning can help, but it's super taxing to emigrate.
One public policy expert says yes.
Violating terms of an investment policy statement is considered a fiduciary breach, and the uptick in 401(k) litigation has heightened concern over language that's too prescriptive.
There are some variables under clients' control that they can use to bring down their total Medicare costs.
The average 401(k) gained for the second quarter in a row, inching up 2% in the third quarter.
One year after the Bipartisan Budget Act of 2015 was signed into law on Nov. 2, advisers and clients still brushing up on new rules.
The 401(k) ratings provider has been snapped up by an asset management data and research provider that's also the parent company of a publication for financial advisers.
How to minimize the chance of a late rollover.
Plus: How Clinton and Trump won't save Social Security, more scrutiny for sales charges, and taking the 5% challenge.
By paying for things they absolutely need with income sources that won't run out, clients can enjoy the best treat of all: peace of mind in retirement.
CEO says the commission model, which will require more compliance work on the company's part, serves both clients and advisers well. <b><i>(More: <a href="//www.investmentnews.com/section/fiduciary-focus"" target=""_blank"" rel="noopener noreferrer">The most up-to-date information on the DOL fiduciary rule</a>)</i></b>
The Democratic presidential nominee is proposing higher taxes on Americans who make more than $250,000, including a 4% “fair share surcharge” on incomes over $5 million a year.
