Today's hearing on 2016 budget discussed the DOL rule as well, with a lawmaker asking Chairwoman Mary Jo White, 'Why are you allowing the Labor Department to take over your territory?'
In response to Finra's warning on suitability, the firm's affiliated brokers will no longer sell certain types of L share annuities, a move that puts the company in line with other B-Ds.
Peer-to-peer lending is an increasingly popular way of stamping out debt, but how does it stack up against more traditional strategies?
A 65-year-old couple retiring this year should expect to spend $245,000 on health care costs, up $25K from last year.
One strategy may protect you from higher premiums next year; the other won't.
One strategy may protect you from higher premiums in 2016; the other won't.
Lawsuit alleges 401(k) and profit-sharing participants invested in tech firm's custom target-date series and global diversified fund lost hundreds of millions of dollars.
Former Bank of America exec calls it 'a women's crisis,' urges financial industry to lower the $13B gap between assets and post-retirement needs.
Retirees will need to bridge the gap between how much they collect through Social Security and what they're likely to spend in retirement.
Insurer is trying to capitalize on big growth seen among asset-allocation products in the DC market and betting managed accounts become more widely used.
New survey finds advisers can play crucial role in maximizing clients' benefits.
The presidential candidate also would eliminate so-called “carried interest” that allows private equity and hedge fund partners to pay capital gains taxes rather than ordinary income taxes on their share of fund profits.
Exhaustion of disability trust fund in 2016 should force discussion of long-term financing issues.
Compared with today's two-tier system — a 43.4% top rate for assets held less than a year and 23.8% beyond that — the proposal by the Democratic presidential front-runner would create a six-rate structure for capital gains for high-income households.
The chief executive of retirement services provider TIAA-CREF weighs in on what is and isn't working when it comes to retirement savings.
Compared to other nations, we have a substantial head start in building a sound, funded solution for the challenges of aging populations
Helping a client decide where to live is a critical part of retirement planning, and the discussions may need to include clients' family members or physicians.
When was the last time you checked what your employer is offering you?
Students are graduating with more debt than ever before, but advisers should make sure retirement savings aren't neglected.
Maintaining quality of life throughout increasingly long retirements brings a new set of challenges for advisers and their clients.
