Displaying 7763 results
Ameriprise will stick with IRA commissions under DOL fiduciary rule
CEO says the commission model, which will require more compliance work on the company's part, serves both clients and advisers well. (More: The most up-to-date information on the DOL fiduciary rule)
Tax planning for the wealthy would get more difficult under a Clinton presidency
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.
Big gap between Social Security cost-of-living adjustment and retiree inflation
Miniscule benefit hike won't protect seniors' buying power.
The next 10 years will be ugly for your 401(k)
Expecting a 5% or higher return? You better get used to disappointment, according to a new report.
DOL expects to issue final rule on city retirement programs by year end
Following on a rule issued over the summer concerning state plans, the DOL is forging ahead with one governing city-based programs.
The next 10 years will be ugly for your 401(k)
Expecting a 5% or higher return? You better get used to disappointment, according to a new report.
Commonwealth Financial eliminates commission-based retirement products in wake of DOL rule
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.
Some firms opting to sell fixed annuities under best-interest contract exemption to keep trips, bonuses intact
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.
First set of FAQs on fiduciary rule coming ‘very soon,’ but deadline extension ‘not likely’: DOL’s Borzi
'This first set of FAQs will focus on some of the questions that have been raised in connection with the exemptions,' Borzi said. (More: A comprehensive, searchable database of advisers' fiduciary FAQs)
Adviser compensation, rollovers most complex factors under DOL fiduciary rule
Determining adviser compensation under BICE is likely the "single most complicated thing" in the rule, according to attorney Fred Reish.
Finra alleges former broker made unsuitable energy investments for elderly clients
Retirees lost $140,000 after Christopher Ariola unduly concentrated them in energy, gold.
China Oceanwide agrees to buy Genworth for $2.7 billion in cash
A China Oceanwide investment platform will pay $5.43 per share, the companies said.
Big gap between Social Security cost-of-living adjustment and retiree inflation
Miniscule benefit hike won't protect seniors' buying power.
DOL fiduciary rule won’t help some 403(b) retirement plans
The plans in public school districts — often a "laissez-faire" type of arrangement exposing teachers to high-fee products — won't be helped by the new regulation.
DOL fiduciary rule promotes a ‘business form of skydiving’
Broker-dealers can try shielding themselves from risk as much as possible, but lawsuits are inevitable and could prove difficult to defend, attorneys said.
Stars aligning for use of annuities in 401(k) plans
Many plans don't offer annuities, and those that do see little participant uptake, but more regulatory clarity, better products and heightened interest will likely lead to greater prevalence.
Divorce might be the worst financial plan of all
Plus: Congress paves the road to becoming filthy rich, NextShares gains traction, and banking on a Clinton victory
Social Security cost-of-living adjustment to get 0.3% increase in 2017
This is the fourth consecutive year of COLAs falling below 2%.
How to coordinate Social Security disability and retirement benefits
Spouses can claim benefits when mate collects disability.
Coordinating Social Security disability and retirement benefits
Spouses can claim benefits when mate collects disability.
