As part of its review of the Obama administration’s fiduciary rule, Department of Labor regulators are expected to consider returning fixed indexed annuities to a less-stringent exemption.
The Department of Labor is prepared to help advisors survive under the new fiduciary rules by possibly carving out new exemptions and amending existing ones, according to documents published Thursday. Is it the lifeline the industry seeks?
The Impartial Conduct Standards in the Department of Labor fiduciary rules have caused some confusion. Our Kim O’Brien is here to sort it all out.
Deciding when to take Social Security benefits can be one of the most important decisions an advisor helps a client to make.
Assets gathered by multi-family offices grew 13 percent annually over the three-year period ending in 2015, according to new data. That surpasses the growth in the hot registered investment advisor (RIA) field. What does it mean?
Any thoughts that new Labor Secretary Alexander Acosta would decline to defend the controversial fiduciary rule went out the window with a brief filed Monday in the Fifth Circuit Court of Appeals.
The Department of Labor announced two new comment periods Friday — 15 and 30 days — on different aspect of its controversial fiduciary rule. Will the rule go fully into effect?
The New York Department of Financial Services is requiring more than 3,000 financial institutions to implement a formal cybersecurity policy to address the rising threat of cyberattacks.
Some 67 percent of financial advisors rely on practice management support – especially to deal with the growing complexity of advising, according to a recent poll.
The Global Insurance Accelerator, or GIA, is helping InsureTech start-ups get off the ground with seed capital, mentorship and exposure. GIA is funded by some of the best-known insurers located in the Des Moines area.
Two new indexed variable annuity products will help Allianz Life Insurance post record sales and deal effectively with the new regulations in the Department of Labor fiduciary rule, company execs say.
Fee-based registered financial advisors (RIA) and dually-registered advisors are growing much faster than commission-based independent representatives. Industry pressures are reshaping how investment advice is delivered, experts say.
Since launching his own financial advisory firm in October, Grayson Hofferber has charged a monthly retainer that ranges from $50…
Senate Republicans will delay voting on a replacement bill for the Affordable Care Act until after the July 4 recess.
If you’re going for the dividend route, which of the two primary dividend strategies is best: dividend growth, or dividend yield? Investment gurus are casting a vote for growth.
The SEC is hinting at taking up fiduciary rulemaking. New Chairman Jay Clayton kicked off the process June 1 by soliciting public comment. Investors and advisors responded with concerns.
The Senate’s proposal to repeal the Affordable Care Act would leave 22 million more Americans uninsured over the next 10 years. That’s according to a Congressional Budget Office (CBO) analysis of the bill.
Chicago-based Bankers Life is recasting a narrowly-focused captive insurance distribution approach into a holistic advisory one. It is developing a higher-caliber advisor force in the process, execs say.
The revision includes a provision to encourage Americans to maintain continuous coverage.