FINRA Nails Cetera, Voya & 6 Others Over VA Sales
Firms hit with $6.2M in fines for supervisory failures related to variable annuity L-shares.
UBS Advisors Stay Ahead of Rivals: Q3 Earnings
The average level of fees and commissions, as well as assets, keeps the FAs in the Americas at the head of the pack.
The Next 10 Years Will Be Ugly for Your 401(k)
We expect about a 5% return on our investments; a Research Affiliates report tells us we should start getting used to disappointment.
How an Expected Rise in Inflation Could Impact Markets
If oil stays at $50 per barrel for the next three months, Loomis Sayles’ Maura Murphy expects to add 1% to inflation.
Morgan Stanley Keeps Commission Retirement Accounts, Despite DOL Rule
The news comes one week after CEO James Gorman discussed the importance of giving clients choice.
6 Companies With the Best Retirement Plans
These companies offer their employees a chance at a good retirement, in ways that range from pension plans to generous matching 401(k) contributions.
Tiny Social Security COLA to Pinch Seniors as Medicare Costs Surge
Payments could rise just $5 a month in ’17 versus the $150 seniors have lost with low inflation, says one group.
FINRA’s Top 5 Fine Categories in Potentially Record-Setting Year
FINRA’s 2016 fines are on pace to shatter the record-setting 2014 fine levels, driven by a sharp increase in “supersized” fines.
Recruiting Roundup: LPL Affiliated Reps Jump to Focus Financial, Form $600M RIA
Meanwhile, the Harvest Group breaks away from UBS with about $300 million in assets; more
Annuities in 401(k) Plans Could Benefit From GAO Report
A Government Accountability Office recommendation may allay plan sponsors’ fears of liability if they offer annuities in 401(k)s.