New York Best-Interest Rule for Annuity Sales Struck Down
By Melanie WaddellThe rule uses "subjective terms" and "fails to provide sufficient concrete, practical guidance," the judges said.
April 29, 2021
Carson Group Seeks to Sell a Minority StakeCEO Ron Carson insists, though, that the RIA doesn't "want to end up being sold to Goldman Sachs."
April 29, 2021
Aflac Sees COVID-19 Disruption Holding Down Claims: EarningsCNO increased sales both of life insurance and of long-term care insurance.
April 28, 2021
SEC's New Enforcement Chief Resigns After Days in RoleHer conduct as a lawyer in an ExxonMobil civil case was called into question, Bloomberg reported.
April 28, 2021
Fed Upgrades View of Economy While Keeping Rates Near ZeroFed Chairman Powell said the recovery has been faster than expected but "remains uneven and far from complete."
April 28, 2021
Capital Gains, Income or Estate Tax Changes: Which Would Have Biggest Impact?The Buckingham Wealth chief planning officer asked his Twitter followers to vote.
April 28, 2021
Mariner Wealth Sells Small Stake to Private Equity FirmLeonard Green & Partners' investment will help the RIA "continue our expansion and hiring of talent" said Mariner CEO Marty Bicknell.
April 28, 2021
Fidelity Takes In-House Securities Lending Platform to the Broader MarketFidelity Agency Lending offers outside institutions what Fidelity has essentially been doing for its own funds since mid-2019.