Practice management

Community bankers are close to winning a key change to the Senate regulatory reform bill that would require the government to base deposit insurance rates on assets instead of domestic deposits.

Retiring boomers are changing the way the financial services industry - and the government – think about annuities.

According to a study, employees will need 15.7 times their final pay to account for inflation and post-retirement medical costs.

Bankers may be unable to stop a tax if it does get added to the legislation because Democrats view it as a way to ensure the reform bill saves the government money and Republicans consider it politically risky to oppose.

More than 25 investment managers have already signed on to the platform.

Large banks have repeatedly prevailed in battles to preserve federal preemption in Congress and the courts, but that victory string is likely to be broken by the regulatory reform bill being debated in the Senate this week.

Only four in 10 women say they develop a budget and save accordingly and less than 40% say they want help from a financial advisor to develop a lifetime or retirement income plan. Most are unsure of where to get help or the costs involved.

The trust company highlights its value add in a series of upcoming print and web ads.

Chubb seeks to facilitate discussion on emerging class of risks.

In an ironic twist, the Fed Reserve — one of the most derided regulators for its failure to prevent the financial crisis — may emerge from regulatory reform with its bank supervisory powers intact and authority enhanced.

This week, LinkedIn rolled out its new “Follow Company” feature. See how this can help you build relationships with existing clients—and recruit new ones.

The majority of dollars that wealthy investors formerly allocated to workplace-based retirement accounts like 401(k)s and 403(b)s are now being poured into individual retirement accounts, according to Cogent Research LLC.

Study finds gradual shift from retirement savings to Social Security.

The banking industry is scrambling to devise a new strategy to weaken the regulatory reform bill after Republicans failed to cut a bipartisan deal before the legislation advanced to the Senate floor Thursday.

Although some of the “most profound” proposals in regulatory reform made during the wake of the economic collapse are now not likely to happen, FINRA's Ketchum said the financial services industry has a responsibility to act aggressively at detecting fraud before it cleans up the mess at the end.

Retirement and uninsured medical expenses are the most pressing financial concerns for Americans, according to a survey conducted for the American Institute of CPAs by Harris Interactive.

Investor confidence among millionaire rose to its highest level in more than two years as optimism about the economy increased.

Most of the trades involved a single penny-stock company.

Sen. Kohl applauds DOL, SEC providing more information to employers and investors alike.

Seven of 10 workers expect they’ll need a job in retirement; only 23% of retirees currently have jobs.