SEC, FINRA, State Exam Execs Lay Out Priorities
Priorities include conflicts of interest, email retention, cybersecurity and some specific products, the executives said at the IRI legal and regulatory conference.
Low Interest Rates Wallop Retirees: EBRI
The low-interest-rate environment “has an extremely large impact on failure rates” when it comes to meeting retirement goals, EBRI's research director says.
Phoenix Report Shows Channel Distinctions
There’s no question that financial advisors follow mutual fund and exchange-traded fund companies very closely, and it’s an equal certainty that among those fund firms, advisors have their favorite mutual fund and ETF brands.
CFPB Calls for ‘Rigorous’ Standards for Senior Designations
The CFPB told Congress, the SEC and state regulators that the alphabet soup of “senior designations”—more than 50—confuses older Americans and that a three-pronged approach is needed to protect the elderly from fraud.
Top 10 Fund Brands: RIA, IBD, Wirehouse Advisors’ Favorites
When it comes to naming names, advisors predictably pick all the big fund firms as their favorites. But look at Phoenix's survey more closely, and fascinating patterns are revealed.
LTCI Benefits Exceed $6B in 2012
Insurers paid $6.6 billion in long-term care insurance benefits in 2012, according to the American Association for Long Term Care Insurance.
3 Financial Planning Business Models to Effectively Serve Gen X and Gen Y: Pt. 1
A planner for the price of gym and cable, and two other ways to tap this underserved market.
Top 25 Finance Company 401(k) Plans: BrightScope
To judge by the 401(k) plans that finance companies offer their employees, they’re doing a good job of doing unto themselves as they would have others do.
Guaranteed Income? Not Without Risk: GAO
A GAO report examined variable annuities with guaranteed lifetime withdrawal benefits and contingent deferred annuities, as well as the regulations that cover each.
As Hispanic Businesses Grow, Opportunities Beckon
The Latino coalition argues that financial services firms are missing a big opportunity in a growing, but still institution-averse, business community.