Practice

LIMRA research indicates that few of these consumers are taking full advantage of the retirement savings vehicles available to them.

These investors are often plagued by fear and paralyzed by indecision. They have very serious income needs, and traditional vehicles such as CDs, government bonds, and investment grade corporate bonds are not providing returns above inflation-let alone allowing them to meet household expense obligations. So where should they turn?

The SEC has charged the CEO of Simran Capital Management with defrauding the largest public pension in the United States, among other clients.

ING announced that the share price on its IPO will be between $21.00 to $24.00 per share for a maximum of 64,166,667 shares of common stock offered.

Newly-minted Securities and Exchange Commission Chairman Mary Jo White is off and running. Somewhat.

The ranking Democrat on the House Financial Services Committee is making another push to charge advisors for SEC examinations.

As a financial advisor to numerous types of clients, including recent retirees, I often think deeply about the issues my clients face in this market environment.

The Bureau described the use of various senior designations as “extremely confusing for consumers,” noting that more than 50 different such designations are currently used to sell a wide variety of financial and insurance products.

"Once it is released it's going to be attacked. It's already being attacked, even though nobody really knows exactly what the rule will be," Ron Rhoades told reporters during a conference call on Thursday.

Outsourcing in wealth management has been gaining continued momentum according to a Celent study.