Illinois Dragging Feet on Huge Pension Problem
Lawmakers will convene again the first week in January in hopes of fixing the nation's worst case of underfunding state employees' pensions, a problem approaching $100 billion and mounting by $17 million per day.
The Election and Advisors: FPA’s Dan Barry Reports, and Predicts
Looking at next year’s advocacy agenda for FPA, much depends on the election and who is placed in key positions. A rundown of the big issues for planners, and what different election scenarios mean for those issues.
FSI Advisors Weigh In on Presidential Race, Economy & More
Financial advisors in an FSI member poll show a decided preference for Romney, predict a flat economy and suggest a continued move toward fees.
New Hire Roundup: Tiger 21 Names Garella San Francisco Chairwoman
This week in new hires, Tiger 21 named Julie Garella chairwoman of its San Francisco group, Eagle Asset Management brought in four new portfolio managers in Vermont, and Steven Young went to Citi Private Bank.
U.K. Recession Deepens
As the world counts down to the opening of the Olympic Games in London on Friday, Londoners—and others in Britain—are dealing with an economy that in Q2 of this year slowed considerably more than expected.
What to Expect
Traditionally, presidential races slip into a relatively quiet July doldrums, before the late-summer party conventions kick the race into a higher gear
Advisors Weigh In on Presidential Race
A recent poll of individual advisor members of the Financial Services Institute (FSI) found that those representatives overwhelmingly believe former Massachusetts Governor Mitt Romney will win the Republican presidential nomination, the Senate will shift to Republican control and that the economy will stay flat while taxes will go up.
FSI to Spotlight Members’ Opinions: 2012 Politics and Equities Outlook
The opinions of our membership should be heard by regulators and legislators. In our first survey of our 35,000 advisor members, we focused on headline political, economic, tax and regulatory issues.
The Warren Effect
Elizabeth Warren presents a conundrum for Wall Street. She is a forceful, well-prepared critic of the financial industry.
Payroll Tax Cut Votes Reveal Washington's Political Fault Lines
Congress will likely pass some form of a payroll tax cut before 2011 is out, but the process is a painful one that shows just how divided Democrats and Republicans remain—and where the fault lines lie.