RIA News

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RETIREMENT PLANNING JUN 18, 2010
Workers relying on 'guesswork' in managing retirement plans

Many go by 'gut feeling,' survey finds; most admit they're not saving enough for old age

By Jeff Benjamin
RETIREMENT PLANNING JUN 18, 2010
Pension industry to fight for retirement plan tax breaks: IN's Schoeff

PAC funding boosts ASPPA's clout on Capitol Hill; 'bigger voice'

By Mark Schoeff Jr.
RETIREMENT PLANNING JUN 18, 2010
Advisers could gain from small-business legislation

The passage of a bill that would permit in-plan Roth conversions and allow partial annuitization of annuity contracts could prove to be a boon for financial advisers.

By Darla Mercado
IN's Cooper: Those crazy French, er, Americans
RETIREMENT PLANNING JUN 18, 2010
IN's Cooper: Those crazy French, er, Americans

Mon dieu! When it comes to fiscal restraint, the U.S. is no better than France

By Evan Cooper
RETIREMENT PLANNING JUN 18, 2010
Insurers press U.S. to allow annuities in pension plans

It should be easier for employers to include annuities in their retirement plans because Americans are at risk of outliving their savings, an insurer told Labor and Treasury department officials today

By Bloomberg
Odds of a double-dip now at 40%, says NYU's Roubini
RETIREMENT PLANNING JUN 18, 2010
Odds of a double-dip now at 40%, says NYU's Roubini

Dr. Doom sees anemic growth in third quarter; 'stock markets could sharply correct'

By Bloomberg
Incite: Retiree 'Ponzi scheme' is $16 trillion short
RETIREMENT PLANNING JUN 18, 2010
Incite: Retiree 'Ponzi scheme' is $16 trillion short

Social Security just celebrated its 75th birthday. Economist Laurence Kotlikoff says it's time to retire the cash-strapped pension plan -- or face disastrous results.

By Bloomberg
RETIREMENT PLANNING JUN 18, 2010
Approaching retirement, boomers still tied up in some riskier bets

Baby boomers approaching retirement may be nervous about outliving their savings — but they continue to keep most of their money in riskier investments.

By Darla Mercado
RETIREMENT PLANNING JUN 18, 2010
BofA Merrill Lynch beefs up retirement biz with Fidelity hires

Linton, Ulian jump to Bank of America; 'organizational shift in mindset'

By Bloomberg
Are index-linked CDs a sucker bet?
RETIREMENT PLANNING JUN 18, 2010
Are index-linked CDs a sucker bet?

Investors seeking the safety of government-insured certificates of deposit and a chance to profit from market rallies may end up earning nothing and owing taxes for their efforts.

By Bloomberg
RETIREMENT PLANNING JUN 18, 2010
Advisers: Plenty of clients won't hit retirement targets

One out of four clients need to save – or make – more money, majority of polled advisers say; focus 'on the gap'

By Bloomberg
ALTERNATIVES JUN 18, 2010
Pimco: A debt bet to avoid

The rally in bonds from real estate investment trusts that's made property debt the best performer this year is overdone as a slowing economy may threaten their performance, according to Pacific Investment Management Co.

By Bloomberg
RIA NEWS JUN 18, 2010
Fund managers smacked by bets on Goldman Sachs

A number of mutual funds placed sizable bets on Goldman Sachs -- bets that have been walloped by the SEC's suit against the Wall Street titan

By Jessica Toonkel Marquez
RIA NEWS JUN 18, 2010
Why health care stocks are still undervalued: Podcast

Uri Landesman, head of global growth at ING Investment Management Americas, talks about the immediate and longer-term impact of health care reform on health care sector stocks.

By Jeff Benjamin
Falling Starr: A timeline of a celebrity financial adviser's alleged fraud
REGULATION, LEGAL & COMPLIANCE JUN 17, 2010
Falling Starr: A timeline of a celebrity financial adviser's alleged fraud

Kenneth Ira Starr, an investment adviser with a roster of celebrity clients, was charged by the U.S. government on May 27 with orchestrating a $30 million fraud. (An alleged fraud that feds would eventually bump up to an estimated $59 million.)

By Mark Bruno
RIA NEWS JUN 17, 2010
Jeremy Siegel tells advisers: Markets still have 'extraordinary' potential

Despite the huge equity market rally since the March 2009 lows, U.S. stocks remain undervalued relative to long-term trends, according to Jeremy Siegel.

By Bloomberg
RETIREMENT PLANNING JUN 17, 2010
CapTrust snags star 401(k) adviser from RBC

Firms that focus on the 401(k) market, like CapTrust, have recently reported a pickup in interest from advisers who focus primarily on retirement plans.

By Darla Mercado
LIFE INSURANCE AND ANNUITIES JUN 17, 2010
Academic promotes government bonds to hedge longevity risk

"Longevity bonds" would be issued by the government and would act as a hedge for pension plans and insurers.

By Darla Mercado
House-Senate conference the last chance for fiduciary amendment
REGULATION, LEGAL & COMPLIANCE JUN 17, 2010
House-Senate conference the last chance for fiduciary amendment

After more than three weeks of debate, the Senate approved a comprehensive overhaul of financial regulations on Thursday night without acting on fiduciary standards amendments.

By Mark Schoeff Jr. and Hilary Johnson
RETIREMENT PLANNING JUN 17, 2010
More focus on post-retirement planning needed

Consultant Leonard Reinhart says the advisory business isn't spending enough time on helping clients after they retire

By Jeff Benjamin