A summary of the key components of the tax plans proposed by presidential candidates.
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.
Miniscule benefit hike won't protect seniors' buying power.
Expecting a 5% or higher return? You better get used to disappointment, according to a new report.
Following on a rule issued over the summer concerning state plans, the DOL is forging ahead with one governing city-based programs.
Expecting a 5% or higher return? You better get used to disappointment, according to a new report.
Commonwealth Financial Network late Monday said it would stop offering commission-based products in IRAs and qualified retirement plans, making it the latest BD to move more decidedly toward to an advisory platform to avoid what some see as the more onerous provisions of the Labor Department's fiduciary rule.
While financial institutions are able to sell deferred-income and immediate annuities under a less onerous exemption, some are opting to sell under BICE to keep certain compensation arrangements intact.
Advisers to the rich are ready to take evasive action if Democrats make big gains in November.
'This first set of FAQs will focus on some of the questions that have been raised in connection with the exemptions,' Borzi said. <b><i>(More: <a href="http://www.investmentnews.com/section/fiduciary-faq" target="_blank">A comprehensive, searchable database of advisers' fiduciary FAQs</a>)</i></b>
Determining adviser compensation under BICE is likely the "single most complicated thing" in the rule, according to attorney Fred Reish.
Retirees lost $140,000 after Christopher Ariola unduly concentrated them in energy, gold.
A China Oceanwide investment platform will pay $5.43 per share, the companies said.
Miniscule benefit hike won't protect seniors' buying power.
Tax projections at this time of year will tell individuals their total tax liability for 2016, but that doesn't necessarily mean it all has to be paid before the end of the year..
The plans in public school districts &mdash; often a "laissez-faire" type of arrangement exposing teachers to high-fee products &mdash; won't be helped by the new regulation.
Broker-dealers can try shielding themselves from risk as much as possible, but lawsuits are inevitable and could prove difficult to defend, attorneys said.
