The Wall Street ‘Election’ Campaign Is On. How Will You Respond?
Brokerage lobbyists have framed the debate, and fiduciary advisors are way behind in the polls.
Lawmakers Air Concerns About DOL Fiduciary Redraft
Lawmakers air concerns about the upcoming DOL fiduciary redraft release, lay out plans to ensure next Congress keeps the current retirement planning tax incentives intact
DOL to Hold January Hearing on Credit Suisse’s Retirement Plan Manager Status
DOL to hold public hearing to discuss QPAM status after Credit Suisse pleaded guilty to tax fraud.
Fed Will Have to Walk Tightrope to Raise Rates: Voya
Voya Investment Management experts predict “a first-quarter 2016 tightening, earliest December 2015” while Wall Street sees a hike as early as June.
Why Disclosures Don't Work
Most retirement plan participants have no clue how much they're paying in fees, despite DOL's fee transparency rules. So why should brokers' disclosures work better?
Edward Jones Has Hired 1,250 Veterans as Advisors
More than 10% of Edward Jones advisors have a military background.
SEC, DOL Enforcement: Ex-Mayor Fined for Misleading Movie Studio Investors
Meanwhile, two Canadian citizens were charged with conducting an international microcap fraud scheme.
Are Deferred Annuities Becoming the Default 401(k) Investment?
The IRS’ approval of deferred annuities in TDFs makes it very likely that the prevalence of these products is about to explode.
New DOL Fiduciary Rule Before Obama Leaves Office? Maybe Not
The neverending speculation about when DOL might finally issue a redefined fiduciary standard came up once again this week at the SPARK Institute conference.
Top 15 States With Best 401(k) Participation Rates
Nationwide, only 71.6% of participants have contributed to their workplace 401(k) plan in the most recent plan year, a new Judy Diamond study says.