Retirement

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Ohio National stokes adviser fears over annuity trail compensation
LIFE INSURANCE AND ANNUITIES OCT 23, 2018
Ohio National stokes adviser fears over annuity trail compensation

Advisers are concerned that Ohio National's "scorched-earth policy" may lead other insurers to take a similar action.

Here's how the 401(k) world will evolve over the next three years
RETIREMENT PLANNING OCT 23, 2018
Here's how the 401(k) world will evolve over the next three years

Retirement industry stakeholders of all stripes are set to undergo big changes.

DOL proposes rule to broaden retirement plan coverage
RETIREMENT PLANNING OCT 22, 2018
DOL proposes rule to broaden retirement plan coverage

But the proposal doesn't create "open MEPs," as many in the industry had been hoping.

Taking advantage of opportunity zone investments for tax breaks requires high risk tolerance
REGULATION AND LEGISLATION OCT 22, 2018
Taking advantage of opportunity zone investments for tax breaks requires high risk tolerance

Advisers say people most likely to participate also meet the income and net-worth thresholds to qualify as accredited investors.

NFL teams in high-tax states risk talent drain
TAX OCT 19, 2018
NFL teams in high-tax states risk talent drain

Limits on federal deduction for state and local taxes could put them at a disadvantage in negotiations with free agents.

IRS unveils rules for capital gains tax breaks in so-called opportunity zones
TAX OCT 19, 2018
IRS unveils rules for capital gains tax breaks in so-called opportunity zones

Mnuchin says benefit could be a $100 billion investment opportunity for real estate and businesses in distressed areas.

Paul Allen's $26 billion estate could take years to unravel
RETIREMENT PLANNING OCT 18, 2018
Paul Allen's $26 billion estate could take years to unravel

Microsoft co-founder's holdings akin to 'a major corporation.'

LPL and Independent Financial Partners lose $10 billion retirement group
RIAS OCT 18, 2018
LPL and Independent Financial Partners lose $10 billion retirement group

Departure by Retirement Benefits Group comes on the heels of IFP's decision to start up its own broker-dealer.

401(k) record keepers seek new revenue streams to 'save themselves'
RETIREMENT PLANNING OCT 17, 2018
401(k) record keepers seek new revenue streams to 'save themselves'

Service providers are getting pinched by fee compression.

Captrust acquires $1.4 billion wealth shop
RIAS OCT 16, 2018
Captrust acquires $1.4 billion wealth shop

The purchase of FCE Group continues Captrust's strategy of boosting its wealth management business.

Providing incentives for annuities within retirement plans
RETIREMENT PLANNING OCT 15, 2018
Providing incentives for annuities within retirement plans

To mature into a strong safety net, plans need to be able to deliver guaranteed lifetime income.

Social Security and the fear of missing out
RETIREMENT PLANNING OCT 15, 2018
Social Security and the fear of missing out

How to lower expectations when clients think they're owed a bigger Social Security benefit.

REGULATION AND LEGISLATION OCT 13, 2018
The midterm elections: What's at stake for financial advisers

A shift in control of the House could change the course of important issues, including the SEC advice rule, tax reform and retirement policies.

After Ohio National decision, the fine print of annuity trails is now a must-read
LIFE INSURANCE AND ANNUITIES OCT 13, 2018
After Ohio National decision, the fine print of annuity trails is now a must-read

Broker-dealers are questioning Ohio National Financial Services' decision to terminate service agreements, and rest assured they will demand more commission protections in future contracts.

Social Security COLA for 2019 will be 2.8 percent
RETIREMENT PLANNING OCT 12, 2018
Social Security COLA for 2019 will be 2.8 percent

It's the largest annual cost-of-living increase in benefits since 2012.

2019 Medicare premiums announced
RETIREMENT PLANNING OCT 12, 2018
2019 Medicare premiums announced

Slight increase in Part B premium to $135.50 per month is in line with expectations.

Social Security COLA for 2019 will be 2.8 percent
RETIREMENT PLANNING OCT 11, 2018
Social Security COLA for 2019 will be 2.8 percent

It's the largest annual cost-of-living increase in benefits since 2012.

Homebuyers in New York's most posh county take shelter in multifamily houses
TAX OCT 11, 2018
Homebuyers in New York's most posh county take shelter in multifamily houses

Property investors discover a way to work around sky-high property taxes and new federal limitations on deductions.

Fidelity sued again for 401(k) plan mismanagement
RETIREMENT PLANNING OCT 11, 2018
Fidelity sued again for 401(k) plan mismanagement

The company settled a similar self-dealing lawsuit four years ago for $12 million.

In cases that could tarnish a broker's reputation, Finra must do better
LIFE INSURANCE AND ANNUITIES OCT 09, 2018
In cases that could tarnish a broker's reputation, Finra must do better

Finra charged Stanley Niekras in 2016 with violating industry catch all Rule 2010, but couldn't produce testimony from key witnesses.