News

An interest in consolidating wealth management and institutional businesses drove many advisory industry M&A deals in the second quarter.

A research report provides an analysis of how including a default deferred income annuity (DIA) can improve retirement income for retirees and offers suggestions advisers can give 401(k)...

Financial professionals who do business with Allianz can soon provide information surrounding what may be optimal timing to take Social Security benefits, as well as how to file...

The self-employed think about and plan differently for retirement compared with their counterparts working for companies and corporations; they also have double the emergency savings.

The higher the annuity credited rate (interest rate) for a pension risk transfer (PRT), the more interest an insurer would earn and the less money it needs today...

They are also less optimistic about the U.S. stock market and economy, according to a Nationwide survey.

It enables advisers to engage prospects and clients of all ages and financial backgrounds and to use the registration information to turn prospects into clients.

The complaint accuses BBVA Compass of mismanaging a $100 million money market fund “that was the investment equivalent of stuffing cash into a mattress” and failing to properly...

Investors compare the service they receive from wealth management firms to the type of service they get from consumer goods and technology behemoths.

Advisers are used to addressing their clients’ behavioral biases when it comes to market risks and returns, but a new white paper suggests they need to do more...

As Congress and the Trump Administration turn their attention to a budget deal and debt ceiling negotiations, industry stakeholders hope the bipartisan SECURE Act could become part of...

Milliman adds regional manager for benefits sales; American Century Investments adds hires for Avantis Investors; RiskFirst builds NYC software development...

Fifty-seven percent of workers would like to make their own financial decisions but have someone validate those decisions, and 31% want specific advice, PwC found.

Eugene Scalia, son of late Assistant Supreme Court Justice Antonin Scalia, was part of the team that defended the Chamber of Commerce in its lawsuit against the previous...

The program from GoalPath offers target-date funds that consider not just a participant’s age but other data, and it emphasizes retirement income over account balances.

The regulator granted significant credit for “extraordinary cooperation” to those firms which were proactive in identifying and fixing issues related to fee waivers for certain mutual fund share...

A federal court has rejected the argument that defendants were aware that their predecessor fiduciaries had breached their duties in selecting affiliated funds and thus that they breached...

It helps educate advisers on how to discuss income planning with clients.