Senator Tells DOL to Stop Implementing Fiduciary Rule as It Will Be 'Undone'
Meanwhile, a new report says advisors plan to abandon "mass-market" clients because of the DOL rule.
Top DC Plan Providers Recommended by Advisors: Cogent
Here are the highest ranked providers on ease of doing business and value for the money, according to Cogent Reports.
9 Retirement Moves Other Countries Get Right
While the U.S. faces a retirement crisis in coming years, some countries are not. Here are 9 things they're doing differently.
FINRA Fines VALIC $1.75M Over Comp Policies, VA Sales
For three years, reps had incentives to move assets into proprietary products and were not adequately supervised, the regulator says.
The Blue State Plan to Fix Retirement
California, Oregon, Illinois, Maryland and Connecticut want more workers to have the chance to save for retirement at work.
Meir Statman: What ‘Normal People’ Really Want From Advisors
Professor Statman talks about next-gen behavioral finance, how to manage clients’ well-being and why annuities can “emit the smell of death.”
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.
6 Keys to Investment Success: T. Rowe’s Brian Rogers Reflects
As Rogers prepares to retire in March, he shares the investment lessons he’s learned during 35 years at T. Rowe Price.
DOL Fiduciary Rule Infringes on Advisors’ Freedom of Speech, Lawsuit Claims
U.S. District judge in Texas hears a First Amendment argument against the Labor Dept.’s fiduciary rule under ERISA.