FA News

Employers Want To Retain Older Workers, Study Says

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Most employers are looking for benefits that will encourage mature workers to continue in the workforce, according to LIMRA.

Boston Marathon Survivor Tells Advisors: 'I Didn't Think I Was Going To Make It'

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Two survivors of the 2013 Boston Marathon bombing relived the event before an audience of advisors at LPL Financial's Focus conference last week.

Client Loan Leads To Guggenheim Being Fined $20M By SEC

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Guggenheim failed to disclose a $50 million loan an executive received from a client, breaching its fiduciary duty, the SEC says.

Why Dismal Pay Growth May Be Here to Stay

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It may be time for U.S. workers to lower their expectations about pay raises for good, if a chorus of economists are right.

New York City's 'Responsible Banking' Law Ruled Unconstitutional

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A New York City law that called for banks to document how well they meet the needs of low-income neighborhoods is unconstitutional, a U.S. federal judge has ruled.

U.S. Identifies Insider Trading Ring With Ukraine Hackers

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The insider trading ring used computer hackers to pilfer corporate press announcements and then profited by trading on the sensitive information before it became public, sources said.

Bond Strategists Pressed To Earn Their Keep

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The grand gurus of bonds can kiss the sweet life goodbye.

What's Your Complaint?

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Two consumer groups ranked the top 10 complaints heard from consumers.

Financial Training Available For All

by FA Staff

Transamerica provides courses to become financial teacher.

For SEC’s In-House Court, A Question Of Justice For All

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The SEC’s in-house court system––a crucial tool of securities law enforcement––is being thrust into an uncomfortable public spotlight.

Financial Advisors Help Families, Survey Says

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Financial professionals can ease the pressure on a family in saving for retirement, Allianz says.

Two Sides Take Opposing View On Erisa Fiduciary Rule

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The Financial Planning Coalition supports the proposed new rule; the Financial Services Roundtable doesn’t.

More Employers Providing Retirement Plan Matches

by FA Staff

Increased funding shows confidence in the economy, Ascensus says.

United Capital Acquires $415M S.C. Firm

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Newport Beach, Calif.-based United Capital Financial Advisers has acquired the assets of McDonald, Cox & Klugh, Inc., of South Carolina.

Life Insurance Marketing Tool Launched

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Life Happens, a non-profit group, is offering advisors a tool that aids in the marketing of life insurance products.

Putnam: Here's What Your Peers Are Saving for Retirement (You Loser)

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Putnam Investments took the lead on launching an approach that some say has great potential to increase retirement savings and income.

A How-To Guide For Opening Your Own Wealth Management Firm

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Several independent investment advisors, many of them former brokers, give their advice on opening an independent firm.

Berkshire Profit Falls, Missing Estimates On Insurance Slump

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Warren Buffett’s Berkshire Hathaway Inc. posted second-quarter profit that missed analysts’ estimates because of higher claims costs at insurance units including Geico.

RCAP Refocusing On Retail Brokerage, Dumping Wholesale Business

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The company is replacing its CEO and CFO and selling its wholesale business, which suffered fall out from an accounting scandal last year.