Wells Fargo Pushes to Settle Claims Over Fake Accounts via Arbitration
Customers are suing the bank for millions plus punitive damages.
Fed Officials Expect to Raise Rates in December
Fed officials see a strengthening case to raise rates as the labor market tightened, according to their November meeting minutes.
Top 10 Firms Fee-Based Advisors Are Most Loyal To: Cogent Reports
Mutual fund firms with strongest advisor loyalty are “much less likely to be dropped.”
New Regs Encourage Split Annuity Pension Option
IRS rules change the traditional decision-making process for clients on whether to accept a lump sum from a pension plan or an annuity.
How Employers Can Help Solve the Retirement Savings Problem
Employers need to increase incentives and ease-of-use for employees to participate in work-based retirement savings plans.
6 Tax-Law Time Bombs Affecting IRAs
Some of these items have been in federal budget proposals for years. It may be only a matter of time before they become law.
Gundlach: Post-Election Markets ‘Confused’; Avoid ‘FANG’ Stocks
The DoubleLine CEO says higher rates and inflation are coming, but Trump has “no magic wand” for economic fixes.
Finance, Insurance Industry Leaders React to Trump Victory
Many within these industries, like IRI and NAIFA, anticipate major regulatory upheavals when Donald Trump becomes president.
Annuity Group to Appeal DOL Rule Court Decision
NAFA will seek an expedited review of Judge Moss’ decision in the D.C. Circuit Court of Appeals.
FINRA Nails Cetera, Voya & 6 Others Over VA Sales
Firms hit with $6.2M in fines for supervisory failures related to variable annuity L-shares.