Results for "fiduciary"

Displaying 1,046 results

Sort: Date | Relevance


Is this the moment when financial planning becomes a profession?

October 31, 2019

Fifty years​ ago, a small group of 13 financial professionals came together and put forth the concept of financial planning, a way of delivering financial advice and guidance to the public in a comprehensive manner across multiple financial...

Adding value during health insurance open enrollment

October 28, 2019

While a lot of people see the annual health insurance open enrollment period as a big headache, Michael Policar sees it as a big opportunity. Mr. Policar, wealth manager at HighTower Advisors Bellevue, has carved out a niche by rolling up his...

SEC puts emphasis on protecting teachers, military personnel from overpaying for advice

October 23, 2019

Teachers and military personnel will benefit from the protections provided by the Securities and Exchange Commission's advice reform rules, the head of the agency said Wednesday. As the SEC was working on the regulatory package, it found that...

House approves bill requiring SEC to test investor disclosures

October 17, 2019

The House approved legislation on Thursday that would require the Securities and Exchange Commission to conduct testing of disclosures meant to protect Main Street investors. The vote on the bill — the SEC Disclosure Effectiveness Testing...

CFP Board moving ahead with plan to strengthen enforcement by end of year

October 17, 2019

The Certified Financial Planner Board of Standards Inc. will release a plan for strengthening its enforcement operation by the end of the year, a board leader said Thursday. The CFP Board is taking a deeper look at enforcement through an independent...

Why are fixed indexed annuities primed for growth?

October 16, 2019

Fixed indexed annuities, also referred to as equity indexed annuities, have been a hot button issue for decades now. But FIAs have also been widely misunderstood by investors, advisers and regulators, often being confused with variable annuities....

Bill requiring investor testing of SEC disclosures headed toward House approval

October 14, 2019

Legislation that would require the Securities and Exchange Commission to conduct investor testing of disclosures will come up for a vote later this week on the House floor, where it is likely to advance with mostly Democratic backing. The bill,...

Broadridge moves deeper into advice space with Fi360 acquisition

October 10, 2019

Broadridge Financial Solutions, a technology company best known for processing trades, is continuing its move into the financial advice space by acquiring Fi360, a provider of fiduciary education, training and technology to advisers. Fi360 sells...

Finra issues Regulation Best Interest checklist for brokers

October 8, 2019

Finra released guidance on Tuesday designed to help its member firms comply with new broker investment advice and disclosure requirements approved earlier this year by the Securities and Exchange Commission. The checklist posted on the website...

Could Reg BI be a business opportunity?

October 4, 2019

The SEC's recently adopted Regulation Best Interest has spurred many industry participants to focus on the challenges for compliance. Often the typical response to a new regulation is to ask: "What can we do to satisfy this regulation and keep...

We'll just keep the wolf; hold the sheep's clothing

October 3, 2019

A recent InvestmentNews editorial stated that "[w]hile Reg BI falls short of making sure brokers put their clients' interests first, it is far better than the status quo and should be allowed to move forward." It's this "well, it's better than...

Mixing fiduciary and nonfiduciary standards can be counterproductive

October 3, 2019

In the wake of finalizing the Regulation Best Interest regulatory package, the SEC issued a series of informational videos for investors that purport to explain the differences between brokerage and advisory services. As is true of the regulatory...

Brokerages won't know bite of Reg BI until enforcement begins

October 1, 2019

Acting in a client's best interest is a principle that most financial advisers say they live by. But the advice industry is unlikely to know how a new regulation based on that principle will work until it is enforced more than a year from now....

Senate confirms Scalia as DOL secretary on party-line vote

September 26, 2019

Eugene Scalia became the new Labor secretary Thursday. The Republican-majority Senate confirmed Mr. Scalia to head the agency on a party-line vote, 53-44. He now takes over a department whose fiduciary rule to raise investment advice standards...

Top 10 fiduciary misconceptions among 401(k) plan sponsors

September 25, 2019

The level of confusion about ERISA fiduciary liability among employers that sponsor defined-contribution plans with less than $250 million in assets cannot be overstated. That's not judgmental — it's just reality. It's not surprising that...

House hearing highlights SEC split on Reg BI

September 24, 2019

Securities and Exchange Commission Chairman Jay Clayton and SEC member Robert Jackson Jr. disagreed Tuesday on whether the agency's recent investment advice reform regulatory package strengthened investor protections. In an appearance before...

Scalia might have to recuse himself from DOL fiduciary rule rewrite

September 19, 2019

The Department of Labor might have to revise its investment advice rule for retirement accounts without input from the agency's leader. Eugene Scalia, the Trump administration's nominee to become Labor secretary, told lawmakers Thursday he might...

Reg BI suits promise long legal fight over whether SEC did enough to protect investors

September 18, 2019

Two lawsuits filed last week against the Securities and Exchange Commission's investment advice reform package point to an extended legal battle that is unlikely to be resolved before the new regulations must be implemented next year. Although...

New NASAA president pursues fiduciary rule in New Jersey

September 11, 2019

As chief of the New Jersey Bureau of Securities, Christopher Gerold is leading the effort to raise investment advice requirements in the state by developing its own fiduciary rule. That move puts New Jersey at odds with the Securities and Exchange...

Monitoring 401(k) cross-selling may be next frontier for advisers

September 10, 2019

Trends and developments in the 401(k) market often migrate over to 403(b) plans. Examples include automatic enrollment, which is increasingly popular with plan sponsors, and litigation against plan fiduciaries, which is less popular). Sometimes...

Next Page »

1 | 2 | 3 | 4 | 5 ... 53


Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting It'll help us continue to serve you.

Yes, show me how to whitelist

Ad blocker detected. Please whitelist us or give premium a try.