FA News

A Fiduciary Rule On B-Ds Could Sow Confusion, Says Regulator

by

The SEC's investor advocate says a fiduciary duty on B-Ds could cause confusion about the standard of care.

Carl Icahn Backs Off Demand For AIG Breakup, Says Source

by

The billionaire investor wants the insurer's new CEO to have an opportunity to boost return on equity.

DiMeo Schneider Buys Orion

by

The combination brings DiMeo Schneider assets to $67 billion.

States Could Prompt Smaller Businesses To Adopt Retirement Plans

by

Small and midsize businesses want to offer benefits, but face several obstacles.

GOP Signals It Will Keep Obamacare’s Investment Tax On The Rich

by

Sen. Bob Corker said GOP leaders might not repeal a tax on investment income in their health care bill.

Where The World's Wealthiest Spend Their Weekends

by

If a city has money, it has a Hamptons equivalent.

1031 'Like-Kind' Exchanges Are Under Fire. Again

by

Legislators target a provision allowing property sellers to buy into new property without capital gains taxes.

U.S. First-Quarter Growth Revised Up To 1.4% On Consumption

by

Consumer spending and trade added more to growth than previously reported.

Advisor Who Bilked NBA's Tim Duncan Gets 4 Years, $7.5 Million In Restitution

by

The former basketball player was urged to make loans to a failing sports merchandise company.

Report: Lack Of Health Insurance Is A Killer Problem

by

Americans without health insurance suffer higher mortality rates, according to a new medical study.

Quiet Giant T. Rowe Wants You To Know Stock Pickers Still Matter

by

The chief executive of T. Rowe Price Group is doubling down on stock picking.

DoubleLine's Barach Questions Fed Rate Push

by

DoubleLine Capital doesn't share the Fed's concerns about inflation, says the company's leading bond manager.

Fed's Low Rates Hurt Retirement Savers, Congress Told

by

The low rates make it hard for workers to build a sufficient nest egg, conservative think tank researchers said.

'Untested' ETF Market Worries Top Speed Trader In U.S. Equities

by ,

The growing market for exchange-traded funds hasn’t been fully put to the test, according to a top trading firm.

Advisors, Investors Both Support DOL Rule, Insurer Finds

by

Advisors and investors are concerned about politics and policy, but support fiduciary regulations, a new study says.

Insurance-Dedicated Funds: The Hot New Way To Avoid Taxes

by ,

These funds have entered the mainstream and are gaining popularity among the wealthy.

Equities Turn So Hot Even Central Bankers Are Taking Notice

by

A record number of fund managers also see equities as overpriced.

Wealth Management Industry Hit by Lower Fees, Fewer New Clients

by

Advisory firms need to move beyond their baby boomer customer base if they want to thrive, a new report says.

After Trillion Dollar Exodus, Prime Funds Still Await Rebound

by

Many big operators realize the cash isn't coming back soon.

Men Aren't The Smartest When It Comes To Credit

by

Many, however, think they are. A new survey says women have them beat.