A trade group for fixed annuity providers seeks an injunction against the DOL's fiduciary rule, alleging that it will cause irreparable harm to its members, which include insurance companies, independent marketing organizations and individual producers.
A new lawsuit challenging the Department of Labor’s fiduciary rule argues that the agency overstepped its boundaries, that the Securities and Exchange Commission should be the one to develop a uniform fiduciary standard of care and that the rule violates First Amendment rights.
We define success in investment management as beating a benchmark. But if your clients don’t achieve their goals, it doesn’t matter whether you beat the benchmark, argues Ashvin Chhabra, President of Euclidean Capital.
Annual leisure travel spending by retirees aged 65 and older is expected to surge by 47 percent over the next two decades, a new Merrill Lynch study found. But many retirees don’t know how they’re going to fund this leisure.
Will socially responsible investing remain a niche or find broader appeal? Steve Lydenberg of Domini Funds argues the strategies will earn a mass following as they are based on macro themes of fundamental changes in the environment and society.
Recent statistics show markedly improved longevity rates. Between 1985 and 2010, the number of people living past age 90 tripled and will quadruple in the next 40 years. In addition, death rates for various diseases including the two leading killers (heart disease and cancer) have decreased from 38% to 13.5% over the past 10 years....More
You make sure you practice good diversification techniques when advising your clients on their portfolios. Now, with this webinar, you can discover a key way to diversify your practice, with a wider client base that is geared for future growth....More