RIA News

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ADVISOR NEWS RETIREMENT PLANNING MAY 20, 2015
DOL fiduciary rule in crosshairs of new spending bill

House measure would forbid Labor Department from spending any funds to finalize or implement the rule.

By Mark Schoeff Jr.
Retirement plan advisers' golden opportunity: IRS restatement requirements
ADVISOR NEWS RETIREMENT PLANNING MAY 20, 2015
Retirement plan advisers' golden opportunity: IRS restatement requirements

This could be the perfect opportunity for plan advisers to connect with employers to review the effectiveness of their retirement plans.

By E. Thomas Foster, Jr.
The $12.4 million Social Security error
ADVISOR NEWS RETIREMENT PLANNING MAY 20, 2015
The $12.4 million Social Security error

Agency overpays spousal benefits to some public employees, underpays others.

By Mary Beth Franklin
Latest twist on retirement income hits the market
ADVISOR NEWS RETIREMENT PLANNING MAY 20, 2015
Latest twist on retirement income hits the market

How much are you risk are you willing to take on for the promise of a predictable monthly check in retirement?

By Bloomberg
Billionaire activist investor says Apple worth 86% more than share price
RIAS RIA NEWS MAY 20, 2015
Billionaire activist investor says Apple worth 86% more than share price

Carl Icahn, who is urging the company to increase its buyback, says the maker of iPhones and iPads is poised to dominate in TVs and cars, too.

By Bloomberg
Saving for retirement should be advisers' top priority: Wharton's Marston
ADVISOR NEWS RETIREMENT PLANNING MAY 20, 2015
Saving for retirement should be advisers' top priority: Wharton's Marston

Finance prof says advisers not getting message of the value of delaying Social Security until 66 across to clients.

By Jeff Benjamin
Supreme Court hands down decision in key 401(k) lawsuit
ADVISOR NEWS RETIREMENT PLANNING MAY 20, 2015
Supreme Court hands down decision in key 401(k) lawsuit

Message to advisers: Mind recommended fund lineups, review plan sponsor contracts.

By Darla Mercado
Global bond market selloff is now described as 'violent'
INVESTING EMERGING MARKETS MAY 20, 2015
Global bond market selloff is now described as 'violent'

Plus: Currency traders become the new yield producers, building a global portfolio, and what Yogi Berra might say about today's financial markets

By Jeff Benjamin
INVESTING EQUITIES MAY 20, 2015
DoubleLine's Jeffrey Gundlach says Fed rate hike on hold

<i>Breakfast with Benjamin:</i> Renowned bond manager says lack of wage inflation will keep the Federal Reserve from lifting interest rates this year. But when it does, avoid junk bonds.

By Jeff Benjamin
Advisers like Rubio tax plan's simplicity, but shudder at details
ADVISOR NEWS RETIREMENT PLANNING MAY 20, 2015
Advisers like Rubio tax plan's simplicity, but shudder at details

Plan would cut almost all tax deductions, but also would eliminate taxes on estates and capital gains, dividends.

By Mark Schoeff Jr.
Raymond James bolsters indexed annuities and life wholesaling with acquisition
ADVISOR NEWS INDEPENDENT BROKER DEALERS MAY 19, 2015
Raymond James bolsters indexed annuities and life wholesaling with acquisition

Deal with insurance marketer Producers Choice is expected to give the broker-dealer greater control over the way annuities are wholesaled to its advisers.

By Darla Mercado
Lesson from presidential hopeful Rubio: Don't cash out your 401(K)
ADVISOR NEWS RETIREMENT PLANNING MAY 19, 2015
Lesson from presidential hopeful Rubio: Don't cash out your 401(K)

By withdrawing the retirement money early, the politician will have to pay a 10% penalty as well as regular income taxes.

By Mark Schoeff Jr.
George Soros pitches a currency move to prevent a third world war
INVESTING EQUITIES MAY 19, 2015
George Soros pitches a currency move to prevent a third world war

<i>Breakfast with Benjamin</i>: The billionaire investor is calling on the United States to allow China's currency to join the International Monetary Fund's basket of currencies.

By Jeff Benjamin
Advisers blanch at Rubio cashing out 401(K)
ADVISOR NEWS RETIREMENT PLANNING MAY 19, 2015
Advisers blanch at Rubio cashing out 401(K)

Though most say it is never a good idea to take early distributions, the presidential hopeful should be in a better position than most to recover.

By Mark Schoeff Jr.
Gold bulls celebrate the strongest run since January
INVESTING EQUITIES MAY 19, 2015
Gold bulls celebrate the strongest run since January

<i>Breakfast with Benjamin</i> Gold enjoys its best performance since January as the dollar's run takes a breather.

By Jeff Benjamin
Late-in-life children can tangle your finances. Here are four rules to help.
ADVISOR NEWS RETIREMENT PLANNING MAY 19, 2015
Late-in-life children can tangle your finances. Here are four rules to help.

Put retirement savings ahead of college; if you're older, you have less room for error, and you need to take care of yourself first.

By Bloomberg
ADVISOR NEWS FINTECH MAY 19, 2015
Robo-adviser jumps into college savings market

FutureAdvisor starts offering free online access to 529 plans, Coverdell Educational Savings Accounts, UTMAs and UGMAs, with hope that consumers will sign on to advice platform.

By Alessandra Malito
Investors jump into European stocks hoping for another QE ride
INVESTING EQUITIES MAY 19, 2015
Investors jump into European stocks hoping for another QE ride

Record inflows raising concerns of a 'crowded trade'

By Jeff Benjamin
Slow start to Obama's grand 'MyRA' retirement savings program
ADVISOR NEWS RETIREMENT PLANNING MAY 19, 2015
Slow start to Obama's grand 'MyRA' retirement savings program

Treasury Dept. met its deadline but significant hurdles remain to get workers signed up.

By Bloomberg
INVESTING ALTERNATIVES MAY 18, 2015
Assets in world's largest gold fund slump 48% to lowest level since financial crisis

Demand evaporates as stocks rally, investors prepare for higher U.S. interest rates.

By Bloomberg