Jun 02, 2016

Some financial industry heavyweights are on a forum-shopping trip to try and block the Department of Labor’s controversial fiduciary rule...

Lawsuit Argues DOL Overstepped With Fiduciary Rule

Jun 02, 2016

A group of nine plaintiffs, including the U.S. Chamber of Commerce, the Securities Industry and Financial Markets Association (SIFMA) and the Financial Services Institute, filed a lawsuit challenging the Department of Labor’s fiduciary rule...

Morningstar Purchases InvestSoft

Jun 02, 2016

The missing piece. To enhance its ability to analyze bond portfolios, Morningstar purchased InvestSoft technology, an analytics company that focuses on fixed-income securities and portfolios. InvestSoft’s main product is its BondPro Fixed-Inco...

More Americans Plan to Retire After 70

Jun 02, 2016

(Bloomberg) -- U.S. workers are more confident that they'll be able to retire someday. Just not until they're 70...

Obama Urges Social Security Increase in Preview of Campaign Role

Jun 02, 2016

(Bloomberg) -- President Barack Obama on Wednesday called for an increase in Social Security benefits for the elderly as he hit the road with a speech that previewed his role as campaigner-in-chief for Democrats ahead of the November election...

Time for TIPs?

May 25, 2016

It’s been difficult to get an accurate read on U.S. inflation. The Consumer Price Index rose 0.4 percent in April, versus a forecast 0.3 percent. That is a sizable increase over March’s 0.1 percent increase. Annualized, core price...

New IRS Final Regulations Benefit IRA Participants

May 24, 2016

They permit allocation of earnings to disbursements from designated Roth accounts to multiple destinations.

Are Your Clients Too Affluent for Social Security?

May 23, 2016

Means testing to attain Social Security benefits may be on the docket for the future...

Baby Boomers Have All the Money

May 23, 2016

They're not going anywhere. | IPGGutenbergUKLtd/iStock/Thinkstock Financial advisors who have ignored reports about positioning their practice to capture the supposed flood of money changing hands in the upcoming "great wealth transfer" years...

Retirement Is So 1800s

May 20, 2016

When identifying the origins of retirement, it begs the question: Should we ever plan to retire?