Practice

Planning to maximize Social Security benefits is becoming a service that clients expect advisors to provide, according to a new survey from a Nebraska-based software provider.

The Securities and Exchange Commission has approved the proposal of a new rule designed “to prohibit certain material conflicts of interest between those who package and sell asset-backed securities (ABS) and those who invest in them.”

Janus Capital Group has unveiled a new online retirement income distribution tool aimed at helping financial advisers keep their clients’ retirement income evenly flowing for more than 30 years.

Most major corporations have "significant security gaps that leave sensitive board-level information open to information theft and hacking," according to the governance, risk and compliance unit of Thomson Reuters.

The commercial technology arm of NYSE Euronext said it began marketing a Windows plug-in that will deliver market data in real time to the desktop computers of traders.

The movement of credit-default and other forms of complex financial swaps into electronically managed and centrally cleared markets may be increasing rather than lowering risk, Michael Bodson, chief operating officer of Depository Trust and Clearing Corporation said Tuesday at SIBOS 2011 here.

Janus Capital Group has unveiled a new online retirement income distribution tool aimed at helping financial advisors keeping their clients’ retirement income evenly flowing for more than 30 years.

The Colony Group has agreed to turn a stake equaling 40% to 70% of its earnings over to Focus Financial Partners, but it is holding on to its independence and plans for aggressive growth.

By tapping into the psychology of why many clients resist financial advice, planners can help them conquer self-defeating beliefs that may block financial success.

An auction of the deceased actor’s memorabilia, clothes and other property recently garnered more than $1 million but none of his five children, including actress Jamie Lee Curtis, have yet to receive a dime. And, from most indications, that’s exactly the way the “Some Like It Hot” star wanted it.