Sen. Warren Probes Wells Fargo Board on Stumpf Compensation, New CEO
Warren says in letter, Stumpf resignation is “not enough to assure proper accountability at Wells Fargo, raises additional questions.”
6 Companies With the Best Retirement Plans
These companies offer their employees a chance at a good retirement, in ways that range from pension plans to generous matching 401(k) contributions.
Under Court Ruling, CFPB Must Justify Costs of Rules: Hensarling
House Financial Services Committee Chairman Hensarling wants “written assurance” that CFPB will abide by executive orders.
FINRA Close to Filing Fraud Rule for ‘Vulnerable’ Investors
FINRA senior helpline has received 6,700 calls to date. Top call queries: education, variable annuities, BrokerCheck.
‘Huge’ Wealth Transfer in Sight: UBS, PwC Report
In the U.S. alone, about $1.1 trillion will transfer to the next generation over a period of 20 years, the report estimates.
Tiny Social Security COLA to Pinch Seniors as Medicare Costs Surge
Payments could rise just $5 a month in ’17 versus the $150 seniors have lost with low inflation, says one group.
Divorce Is Destroying Retirement
Even as divorce rates for younger Americans have fallen, failed marriages among people over 50 doubled from 1990 to 2010.
New Messaging App May Help Hook Millennial Clients
A new app could have implications for advisors’ client communication strategies, particularly their millennial clients.
Sen. Warren Urges Obama to Fire SEC Chief Mary Jo White
Warren says White is not addressing “pressing matters of compelling interest to investors and the public.”
Economic Anxiety Peaks as Election Approaches
Americans’ economic anxiety had increased over the past six months, and was up significantly from a year ago, according to a poll.