Manchin Spurns SALT-Cap Expansion in Economic Agenda Bill
By Laura Davison and Erik WassonThe writeoff is politically important in high-tax areas including New York, New Jersey and California.
July 27, 2022
CEO Shares 10 Lessons From 25 Years in Wealth ManagementSince his start at Merrill, PFI Advisors CEO Matt Sonnen has learned that not all is what it seems.
July 27, 2022
Ameriprise Sees 11% Increase in Advisor ProductivityLife and annuity sales fell as the company continued to turn away from benefits guarantees.
July 27, 2022
DOL Drafts Rules for IRA Asset Managers With Foreign Criminal ConvictionsManagers could ask the Labor Department to tell them whether the foreign convictions were relevant.
July 27, 2022
'Educators Are Angry': Equitable's $50M Penalty Points to Wider 403(b) ProblemsEquitable was fined for sending misleading fee statements to 1.4 million investors, mainly teachers.
July 27, 2022
SPAC Cases Lead Securities Class-Action Filings: Cornerstone ResearchPlaintiffs filed 110 new securities class-action lawsuits in federal and state courts in the first half of 2022.
July 27, 2022
Fed Hikes 75 Basis Points Second Time, Signals Third is PossibleCriticized for misjudging inflation and being slow to respond, officials are now forcefully raising interest rates to cool the economy.
July 27, 2022
The New Rollover Rule Is Here: Are You Complying?Financial advisors and their firms must now adhere to these key requirements affecting retirement-plan rollover recommendations.