Can This Pension Bailout by the Government Be Avoided?
The Center for Retirement Research estimates that about 35% of multiemployer retirement plans will exhaust their assets over the next 30 years.
Greek Recovery Spurred by Innovation and Entrepreneurship
Optimism grows as revival begins, if slowly.
Post Office Proposes to Offer ‘Financial Services’
The Postal Service says it has assets to serve the underbanked, boost its own money-losing operations and benefit banks through partnerships.
5 Years After Lehman Crash: ‘Dark Times’ Ahead
Janet Tavakoli and other commentators talk of violated American principles, the death of capitalism and “dark times for the future of the republic.”
Are You Turning Off Younger Clients?
Many advisors mistakenly use boomer tactics when talking to Gen Xers and millennials. If you want to reach younger clients, here’s how to proceed.
PIMCO’s El-Erian: Prepare for More Currency Confusion
"Within the last 24 hours, G-7 officials issued a currency statement, 'clarified' it and then criticized the clarification," the PIMCO CEO wrote on Thursday.
New Hire Roundup: James Hanna Joins Genworth; Morningstar CFO Departs
This week in new hires, Genworth hires a new CTO; Morningstar announced changes in its senior management; and FSI hired Kathryn Anderson and added 500 new advisor members.
Japan’s Softbank to Snap Up 70% of Sprint
A domestic market in decline has prompted it to look elsewhere for growth, and the U.S. has become its target.
11 Key Congressional Committees for Advisors to Worry About
As the election approaches, not just the White House and Congress are in play, but also control of congressional committees important to advisors and others in the financial services sector.
‘Antichrist’ at SEC, Dimon, Bush Among Villains of Financial Crisis: Tavakoli
To Wall Street scourge Janet Tavakoli, the list of financial-crisis villains still evading responsibility is not short and includes, to name a few, Jamie Dimon, Jon Corzine, Tim Geithner, Mary Schapiro, George W. Bush, President Obama and the financial media.