Retirement

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House Republican sees muni bond tax break surviving
FIXED INCOME OCT 25, 2011
House Republican sees muni bond tax break surviving

The supercommittee charged with putting together a deficit reduction package by Thanksgiving isn't likely to find the seven votes it needs to trim the tax exemption for investing in municipalities.

Chicago high-rise falls flat, marks largest muni default of the year
RETIREMENT PLANNING OCT 25, 2011
Chicago high-rise falls flat, marks largest muni default of the year

The Clare at Water Tower missed $229m payment this month

DOL: Back to square one on 'fiduciary'
RETIREMENT PLANNING OCT 25, 2011
DOL: Back to square one on 'fiduciary'

Controversial plan to expand definition yanked to allow more input, further economic analysis

World has “bigger problem” than in 2008, Black Swan author says
RETIREMENT PLANNING OCT 24, 2011
World has “bigger problem” than in 2008, Black Swan author says

Nassim Nicholas Taleb, author of the best-selling book “The Black Swan,” said the current global market turmoil is worse than it was in 2008 because countries such as the U.S. have larger sovereign-debt loads.

LIFE INSURANCE AND ANNUITIES OCT 24, 2011
Insurers' products are highly prized

LIFE INSURANCE AND ANNUITIES OCT 24, 2011
Products and insurers' financial strength highly prized by advisers and agents

A LIMRA survey released Tuesday found that 32% of 616 producers picked an aspect of training as the most valued service offered by insurers.

LIFE INSURANCE AND ANNUITIES OCT 24, 2011
Hispanics underinsured

Though Latinos know they ought to have life insurance to protect their families, fewer of them buy it, compared with other demographic groups

LIFE INSURANCE AND ANNUITIES OCT 24, 2011
Survey: Under-45 crowd way underinsured

If you want to reach out to an untapped audience for life insurance, try people under 45

TAX OCT 24, 2011
How to make a black-swan tactic fly

Millionaires, mass affluent bemoan markets but double down anyway
RIAS OCT 24, 2011
Millionaires, mass affluent bemoan markets but double down anyway

Pessimistic mass-affluent, millionaire investors are putting more money in play

Affluent doing just fine — but don't try telling them that
RETIREMENT PLANNING OCT 24, 2011
Affluent doing just fine — but don't try telling them that

Survey finds mass-affluent investors still gloomy as heck about their finances; 'not matching the reality of their situation'

RETIREMENT PLANNING OCT 23, 2011
Special report: 2011 Industry Attitudes

This year's survey of advisers shows why some firms are flying high again - and also reveals where some advisers are holding back. | <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&amp;Date=20111018&amp;Category=FREE&amp;ArtNo=101809999&amp;Ref=PH>Most common reasons employees leave advisory firms</a>

TAX OCT 23, 2011
Top marginal tax rates may skyrocket

The political winds have shifted and &#8220;millionaires&#8221; now are expected to shoulder much of the burden of balancing the budget

IRS warns weaker enforcement, slow service would follow cuts
RIAS OCT 21, 2011
IRS warns weaker enforcement, slow service would follow cuts

IRS warns of &#8220;noticeable degradation&#8221; of taxpayer services and enforcement if Congress follows through on a plan to cut about $500 million from the agency's budget for fiscal 2012.

RETIREMENT PLANNING OCT 21, 2011
Phyllis Borzi discusses being a plan fiduciary

The following is an edited version of testimony given July 26 by Phyllis C. Borzi, assistant secretary of labor in charge of the Employee Benefits Security Administration, before the House Education and the Workforce Subcommittee on Health, Employment, Labor and Pensions

IRS dropped the ball on $3.2B in 'erroneous' tax credits: Treasury
RIAS OCT 20, 2011
IRS dropped the ball on $3.2B in 'erroneous' tax credits: Treasury

A U.S. Treasury Department watchdog said 2.1 million taxpayers may have received &#8220;erroneous&#8221; education-related tax credits totaling about $3.2 billion.

Hatch urges Obama to drop plan to cap charitable deductions
RIAS OCT 20, 2011
Hatch urges Obama to drop plan to cap charitable deductions

Utah Senator Orrin Hatch is urging the Obama administration to back away from a proposal to cap itemized deductions at 28%.

LIFE INSURANCE AND ANNUITIES OCT 19, 2011
Industry trade groups flex lobbying muscles

Wall Street getting fed up with Washington's dithering on deficit
RETIREMENT PLANNING OCT 18, 2011
Wall Street getting fed up with Washington's dithering on deficit

Occupy Wall Street protesters are lashing out against what they see as a financial industry luxuriating in wealth created at the expense of the middle class. Wall Street, however, has its own grievances against Washington, which were on display last week.

RIAS OCT 18, 2011
Why 'mailbox money' is crucial to retirement

Aging baby boomers represent a historic opportunity to boost the sales of income-generating investment products, according to industry leaders who kicked off the Insured Retirement Institute conference in Boston last Monday