Senate Moves to Block Retirement Plans Run by States, Cities
The action follows resolutions passed in the House to roll back what GOP lawmakers say are "misguided" Obama-era rules.
US Stocks ‘Deeply Overbought’: Russell
Is the stock market rally just more fake news?
FINRA to Protect Senior Investors With 2 New Rules
FINRA says temporary holds and extra contact information are critical to preventing financial abuse.
SEC Charges Pastor With Fleecing His Flock
Larry Holley allegedly told prospective investors that as a person who “prayed for your children,” he was more trustworthy than a “banker” with their money.
Out-of-Pocket Health Costs May Shock Retirees
Only 2% expect to use annuities or life insurance as the main funding source, Voya found.
Senate Panel Approves DOL Nominee by Narrow Vote
Members voted along party lines to approve R. Alexander Acosta as Labor secretary during a private session.
Q4 Annuity Sales Fell 18.4%: IRI
Sales of fixed annuities dropped for the quarter but increased 11.1% for the year.
ETF Investing Strategies to Use Now: BlackRock’s Richardson
Heidi Richardson, head of strategy for BlackRock’s U.S. iShares, discusses a handful of her current iShares investing suggestions with ThinkAdvisor.
Risk-Taking Investors Rewarded in 2016: Natixis
Markets rewarded a completely different set of asset allocations in the second half of 2016 than in the first half, Natixis found.
HighTower Adds LPL Group in St. Louis
Meanwhile, a UBS team forms an RIA in Louisville and signs on with Raymond James' Investment Advisors Division.