A new report has found that active investment portfolio strategies, seen as necessary to generate higher yields in a low interest rate era, remain a bedrock approach for advisors as passive investment strategies attract more retail investors.
The common theme of both alternatives is imposing a “uniform best interest standard” on all financial advice offered to consumers.
A Boston appeals court has found there was a plausible basis for believing that a New Hampshire private school had been issued a commercial general liability insurance policy even though no copy of the policy could be found.
Sen. Elizabeth Warren’s strong criticism of Securities and Exchange Commission Chairman Mary Jo White’s regulatory and enforcement record has drawn…
Many older Americans likely received 28 percent higher retirement income in 2013, or almost $71 billion more in aggregate, than previously assumed, according to analysis.
Insurance companies need to own and control the image of annuities by being proactive in driving the annuity message, maintained an executive from Deloitte Center for Financial Services.
Advisors are grappling with finding the perfect channel to reach their target audiences.
Time was when most life insurers had no underwriting policy regarding an applicant’s use of marijuana. But that’s no longer the case.
To attract an audience on social media, pick a side of a controversial issue and help clients to solve their problems, say two advisors who have used social medial to their advantage.
Life insurers’ use of captives and affiliates to cede their reinsurance risks is growing despite heavy criticism, especially from federal regulators.
The Republican leadership of the House Financial Services Committee is asking the Financial Stability Oversight Council (FSOC) for detailed information on the process used to designate non-banks as systemically important financial institutions (SIFIs).
The product, Premier Accumulator Universal Life, or PAUL, also benefits from MetLife’s newly developed “enhanced rate plus” underwriting process.
The appointment of Andrew J. “Buddy” Donohue as staff chief was made as Securities and Exchange Commission (SEC) chair Mary Jo White gears up to tackle the creation of a uniform fiduciary standard for the sale of financial products.
An Arkansas congressman’s proposal to shift oversight of investment advisors to the Financial Industry Regulatory Authority (FINRA) from the Securities and Exchange Commission (SEC) ran into opposition immediately from a trade organization representing advisors.
Robert Ketchum said he fears the proposal could result in some firms closing their individual retirement account business.
The Financial Industry Regulatory Authority (FINRA) wants clients to be notified if a broker/dealer attempted to lure them to their firm by hiring their current broker away from another firm.
The research hits to the core of what is widely being called the American retirement crisis.
The Department of Labor’s proposed fiduciary standard adds another regulatory layer while increasing costs and failing in its stated mission of unifying a standard of care, according to financial services officials.
The National Economic Council director said “We have seen this movie before,” in calling for greater supervision of financial institutions by federal regulators.
