Senators Float Seniors Tax Hike Prevention Act of 2017
Without action, the income threshold after which seniors can deduct health care expenses from their taxes will rise this year.
LPL Grabs Longtime Wells Fargo Exec to Be Chief Strategist
John Lynch was with Wells Fargo since 1996 and is now based in Charlotte, N.C.
Women Invest Like Men but With a Key Difference, Study Finds
Capital Group’s survey of women shows confidence in their investment decisions but not necessarily the power to execute.
DeVos Sued Over Plans to End Protections for Student Borrowers
A coalition of states is suing Education Secretary Betsy DeVos for her plans to end rules that protect student loan borrowers.
Commonwealth Nabs $1.3B NPC Team
The group comes on board in New York and is led by Michael and Stuart Paris.
Workers Favor Stock Market for Retirement Savings: Wells Fargo
A majority of workers feel confident about retirement, but many face lower living standards, Wells Fargo reports.
‘Stan the Annuity Man’ Is Livid About Fixed Indexed Annuities
Stan Haithcock tells ThinkAdvisor why the industry is outraged at him and why fee-based indexed annuities are the “biggest joke of all time.”
Complaints by Student Loan Borrowers Yield Millions in Relief: CFPB
The CFPB's annual report extols the benefits of consumer complaints, which ultimately affect policy.
New HUD Reverse Mortgage Rules Change the Game for Borrowers
HUD recently implemented new rules that may make a reverse mortgage line of credit substantially less attractive to many seniors.
Fee-Based Annuities and the Fiduciary Rule: One Size Doesn’t Fit All
Fee-based annuities are the product for advisors who wish to continue to sell variable and fixed indexed annuity products under the rule.