DOL Fiduciary Rule Out by May 2016: Lawyer
DOL must finalize a rule in the next year in order to implement it before another president takes office, ERISA lawyer Steve Saxon says.
What’s Next for GDP? Prudential Panelists Agree on Growth, Sort of
Ed Keon is quite bullish, while Quincy Krosby et al. take a more reserved, though optimistic, view on where economy and markets are headed.
Pru’s 2013 Predictions: Brighter Economy, but More Washington Brinksmanship
Prudential brain trust sees economic progress in 2013, despite 2012 “dichotomy” and uncertainty; Krosby reiterates it’s riskier to be out of the market than in it.
Prudential Case Study Weighs Impact of Risk on Retirement Outcomes
Consumers buy insurance for their homes, cars–why not retirement?
Fed Asks Congress to Ease Lending Standards and Housing Inventory
Quincy Krosby, chief market strategist for Prudential Annuities, thinks the 'Fed will probably give us QE3' this year, but will focus on buying mortgage-backed securities rather than Treasuries.
Guaranteed Products Keep Investors in the Stock Market
Those who invest in products with guarantees are more likely to stay invested in the stock market, even during short-term losses, a survey released Wednesday by Prudential found.
New Hire Roundup: Seilers Join Raymond James and Williams Moves Up, Carson Wealth Launches RIA
This week in new hires, the Seiler brothers went to Raymond James, while Greg Williams was named to a new position there; Carson Wealth Management launched its own RIA; and Aaron Cooper and Richard Perkins went to Putnam.
NAVA Confab Showcases Growth and '08 Direction
NAVA, the association for insured retirement solutions, is upbeat about the state of the industry's main initiatives in public relations and regulatory affairs, according to...