The Department of Labor has asked a Texas district court to consolidate three lawsuits against its fiduciary rule. Chamber of Commerce supports move, asks court to speed things up.
Studies show many reasons why investors earn less than they should or could. In its analysis, the DOL unfairly seeks to blame investor losses on advisors.
New partnership between Great-West and Stanford University aims to study longevity and how advisors can better help clients make their retirement income last longer.
Market Synergy Gets Support in DOL Lawsuit
Market Synergy Group files eight affidavits from industry players supporting its lawsuit claims against the Department of Labor’s fiduciary rule.
A Dad Teaches The Magic Of Compounding Interest
As Father’s Day approaches, our Cyril Tuohy reflects on what it was like to grow up in wealthy Switzerland to parents who never talked about money. He vows not to repeat that mistake with his 12-year-old daughter.
Tougher overtime rules have advisory firms rethinking full-time employees and outsourcing more instead.
In 30 years, long-term care expenditures have ballooned from less than $20 billion a year to more than $239 billion in 2014. LTC insurance can help meet that need, NAIC researchers say, but with changes to the system.
Jackson National has the first known fee-based variable annuity in response to the Department of Labor fiduciary rule. It comes with a three-year surrender charge.
Advisors know little about hedge funds, which might be a good thing. The controversial investment funds are not performing near as well as they once did.
A fifth lawsuit against the Department of Labor’s fiduciary rule is filed in Kansas district court.
Five lawsuits filed against the Department of Labor’s fiduciary rule bring hope that rule will be voided.
Department of Labor regulators ‘don’t even address the fact that IMOs exist,’ said one executive. What will happen to these marketing organizations, which move so much annuity product, when the fiduciary rule takes effect?
The eight plaintiffs’ groups, filing in U.S. District Court for the Northern District of Texas, allege six separate counts.
Sweeping changes affecting financial advice for retirement accounts will force thousands of agents and financial advisors to consider errors and omissions coverage or leave the business, a former Department of Labor investigator said.
We all know that the savings rate is abysmal, so what about making it a game?
The Obama administration wants to limit consumers’ use of short-term insurance plans, which a growing number of Americans have been buying in response to the Affordable Care Act’s requirements to have health coverage.
Four insurance carriers are part of the fourth lawsuit filed to stop the Department of Labor’s fiduciary rule. The lawsuit was filed today in U.S. District Court Northern District of Texas.
ACLI and NAIFA team up to file a third lawsuit in an attempt to block the Department of Labor fiduciary rule from proceeding.
David Macknin has been asking around about how financial service companies view, and handle, the burgeoning threat of cyber-theft. Apparently,…
