New DOL Fiduciary Rule Lands at OMB
By Melanie WaddellThe new rule would take into account the practices of investment advisors, the Department of Labor said.
September 08, 2023
Prudential, Warburg Pincus Team Up to Back New ReinsurerThe deal means Pru can unload assets like variable annuities and guaranteed universal life insurance policies.
September 07, 2023
Highland Capital to Team With Libra Insurance PartnersHighland Capital will gain access to Reinsurance Group of America's facultative reinsurance program.
September 07, 2023
One Bizarre Blip From the Schwab-TD Ameritrade IntegrationAfter the move, a client said he found himself with access to an unknown couple's $4 millon trust.
September 07, 2023
Wealth.com Launches Advisory Council, Moves to Expand AI-Assisted Estate PlanningCouncil members include Anna N'Jie-Konte, Dasarte Yarnway and Samantha Russell.
September 07, 2023
Morgan Stanley Set for Full Rollout of AI Chatbot for AdvisorsIt's also working on a pilot program to automatically synthesize notes and next steps from client conversations.
September 07, 2023
New Bill Would Force Vote on Acting Labor Secretary's NominationThe bill would prevent Julie Su and future nominees from serving in an "acting" capacity past 210 days.
September 06, 2023
U.S. Life Application Activity Inched Higher in August: MIBYounger clients' shopping level increased.