Obamacare Tax Stumps Advisors
WIth little or no guidance from the IRS, advisors are clueless on how to help clients reduce their liability for the new investment tax.
ERISA Attorneys Rip Yale Professor’s Fiduciary Threats
Fred Reish and his team at Drinker Biddle say Yale professor Ayers’ fiduciary study has a number of “material limitations.”
Are Variable Annuity Guaranteed Benefits on Their Way Out?
Clients who purchased VAs with lifetime guarantees need to stay alert: nervous insurance companies issuing these guarantees may soon seek substantial modifications to outstanding contracts.
Quick QE Exit Unlikely, but Do Get a Bond Haircut: PIMCO, Loomis Sayles
"A bond and equity investor can choose to play with historically high risk to principal or quit the game and earn nothing,” says PIMCO's Bill Gross.
4 Ways to Repeat the Mortgage Mess: Peter Wallison
Peter Wallison decries Washington's latest “fix” to prevent another repeat of the housing market collapse.
13 Ex-Football Players and Finance: The Good & the Bad
After success of varying degrees in the NFL or college football, nine former players took the high road and four others the very low road.
Peter Schiff: The Myth of Higher Taxes Creating Higher Revenues
An uncharacteristically subdued Schiff argues against the "myth" that higher taxes will lead to higher revenues.
Investor Pitfalls, Profits Abound Depending on Political Winds: Janus Panelists
The health care plan, fiscal cliff and even food sources could affect stocks.
Fiduciary Rule Backers Renew Critique of Oliver Wyman Study
Proponents of a fiduciary standard for IRA advisors, including Barbara Roper of the Consumer Federation of America, are once again crying dirty pool over a widely reported study.
A Chat With CFP Board CEO Kevin Keller: Fiduciary, SRO and His Priorities
Providing the SEC with the resources it needs “is the best solution" to the advisor exam problem, says Kevin Keller, but finding a way to ensure advisors face more exam scrutiny—through an SRO or user fees paid to the SEC—will be a “long-term issue.”