Life and Annuity Distributor Starts Agent Rights Petition
By Allison BellBrett Blake says some agents feel as if they're being held hostage by their IMOs and FMOs.
August 14, 2024
Social Security COLA Estimate for 2025 Drops to 2.6% as Inflation FallsIn July, the lowest 12-month inflation since 2021 pushed down the projected retirement benefit increase for next year.
August 13, 2024
Fed's Bostic Says More Data Needed, Rate Cut Likely by Year-EndThe Atlanta Fed president wants to be sure the central bank won't have to change course once cuts begin.
August 13, 2024
Goldman, JPMorgan Say Markets Pricing in Higher Recession OddsEquity and bond markets are assigning a 41% probability to a U.S. recession, according to Goldman.
August 13, 2024
Cadaret Grant to Pay $6M Over Mutual Fund Revenue-Sharing ConflictsThe firm must evaluate whether clients should be moved to an available lower-cost share class or fund.
August 13, 2024
LPL Expands Business Support, Tech ServicesBy year-end, the IBD plans to expand its offerings to 20 services from 14.
August 13, 2024
Morgan Stanley's Wilson Sees Few Signs of Bear Market in StocksThe strategist, who correctly predicted the recent downdraft in equities, says a major collapse is unlikely.
August 13, 2024
Life and Annuity Illustrations Confuse Clients, Advisor Tells RegulatorsPerformance charts should be more realistic about the impact of bad years, Richard Weber argues.