Practice

Legal controversy has surrounded the Estate of Michael Jackson ever since he died almost two years ago. Trial & Heirs did a year in review article last year; it’s almost time for year two. You can now add a new lawsuit — over $17.5 million worth of insurance — to the list.

The SEC wants to exclude the value of a client’s primary residence and any debt secured by the property when calculating a household’s net worth. What took so long?

Despite witnessing firsthand the anxiety and apprehension that many of their Baby Boomer parents are now enduring as they close in on retirement, the overwhelming majority of Gen-Xers are still not adequately preparing themselves for their own eventual retirement.

It’s official. Senior ranking Wall Street operations executives must be licensed as operations professionals. The Securities and Exchange Commission has approved the Financial Industry Regulatory Authority’s request to do so, albeit with some minor changes.

While international regulators continue to spar over the right size of a proposed capital surcharge for the largest banks, the U.S. banking agencies are disagreeing among themselves on the issue.

Writing out retirement income plans is a great way for financial advisors to increase client satisfaction, gain more referrals and ultimately increase assets -- yet few of them do it, according to a new study from Fidelity Investments.

Is a mutual fund company responsible for the statements made in a prospectus for one of its funds?

One area where women are being left behind is in corporate America, said Aditi Mohapatra, Senior Sustainability Analyst at Calvert Investment Management, at the Women Advisors Forum in Chicago on Monday.

Half of all U.S. employees are really not happy at their jobs, according to Mercer’s latest survey which covers 2,400 workers in the United States. Nearly one in three wants to leave, up from 23% in 2005, including about 20% of boomers ages 45-65, the group most likely to approach financial planners.

Allianz Life Insurance on Monday released a new research paper, “Rethinking What’s Ahead in Retirement,” that finds Americans are now more concerned about guarantees and retirement income in retirement than they are on returns and control.