Democrats Float Bill to Help Workers in Closed Pension Plans
By Melanie WaddellThe measure is included in the Secure Act but is urgent enough to merit a standalone bill, two senators say.
August 01, 2019
Raymond James, Steward Add Wirehouse Teams: Recruiting RoundupMeanwhile, LPL Financial picks up advisors from Ameriprise and Wells Fargo Finet.
August 01, 2019
Trump Criticizes Fed Rate Cut: 'Powell Let Us Down'Trump has suggested he might fire Powell or demote him as Fed chair but it's not clear he has the legal authority to do either.
July 31, 2019
What the Heck Is a 'Financial Instrument': Annuity Model CommenterBirny Birnbaum says a proposed notice update would make indexed annuities a wrapper for... anything.
July 31, 2019
Wells Fargo's Advisors Have New LeaderThe move comes as David Kowach becomes head of Community Banking.
July 31, 2019
Ex-Advisor Dawn Bennett Sentenced to 20 Years in PrisonBennett, the former "Financial Myth Busting" radio host, was convicted of defrauding retirees out of $20 million.
July 31, 2019
Delaney v. Sanders: Will Medicare for All Kill the Hospitals?Sanders said administrative savings will make his plan work. Delaney said Sanders' math is wrong.
July 31, 2019
Active Managers Using Shareholder Leverage to Be HeardPushing companies they own to be more socially responsible, asset managers are using proxy voting in a big way.