Scalia Grilled on DOL Fiduciary Rule at Hearing
By Melanie WaddellA senator questioned the Labor secretary nominee about his thoughts on retirement advice and how he sees his role in crafting a rule.
September 19, 2019
How Financial Advisors Are Adapting to Impact Investing: StudyFidelity Charitable surveyed financial advisors about their attitudes about impact investing.
September 19, 2019
RBC, Merrill Tap New Execs: Recruiting RoundupMeanwhile, Wells Fargo FiNet says it has added more than 87 advisors with $11.5 billion of client assets this year.
September 18, 2019
Society of Actuaries to Shift to an Outreach-Oriented CharterThe new president-elect will be Roy Goldman, who was Humana's chief actuary.
September 18, 2019
CEOs Plan to Cut Hiring, Capital Investment: SurveyCEOs in the Business Roundtable's latest survey saw a pall over future growth.
September 18, 2019
Life Insurer Rescinded Paid-Up Life Policies Without Consumer Consent: New York OfficialsThe case involves 260 consumers who had policies that originally provided about $2.3 million in death benefits.
September 18, 2019
Vanguard Preparing to Offer Digital-Only Robo-AdvisorThe offering is expected to charge far less than Vanguard Personal Advisor Services.
September 18, 2019
Americans' Debt Declining, but Still Concerning: Northwestern MutualMany believe they'll be in debt forever, the firm's new report says.