Industry News

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Investors paying through the nose for Pimco closed-end funds
NEWS INDUSTRY NEWS FEB 27, 2012
Investors paying through the nose for Pimco closed-end funds

Debt funds trading at steep premium; 11.5% hard to pass up

By John Goff
With mild weather this year, it's been all downhill for ex-Merrill brokerage exec
NEWS INDUSTRY NEWS FEB 27, 2012
With mild weather this year, it's been all downhill for ex-Merrill brokerage exec

Business at Win Smith's Vermont ski resort off 15%; 'very much like my old world'

By John Goff
Treasury's lifetime-income proposals lean heavy on education
NEWS RETIREMENT PLANNING FEB 27, 2012
Treasury's lifetime-income proposals lean heavy on education

Observers find proposals to be well intended, but say workers have a lot to learn on annuities

By Bloomberg
NEWS BROKER DEALERS FEB 27, 2012
Broker-dealer's parent gets its stock out of hock from a pawn shop

By Bloomberg
NEWS INDUSTRY NEWS FEB 27, 2012
Jeffrey Saut: Why it's a mistake to be too bearish

The turtle makes no progress until it sticks its neck out; I have been sticking my neck out since Thanksgiving, believing the Santa rally was beginning.

By Jeffrey D. Saut
MedCap co-founder faces tax evasion charges
NEWS RIAS FEB 27, 2012
MedCap co-founder faces tax evasion charges

One of the founders of Medical Capital Holdings Inc., the issuer of tainted private placements that have devastated dozens of broker-dealers, faces five counts of failing to file a federal income tax return.

By Bruce Kelly
Morgan Stanley Smith Barney shuns risk as Europe recession looms
NEWS INDUSTRY NEWS FEB 26, 2012
Morgan Stanley Smith Barney shuns risk as Europe recession looms

Morgan Stanley Smith Barney's wealth-management arm is shunning risk despite rallying stocks and junk bonds

By Doug Cubberley
NEWS RIAS FEB 26, 2012
Fee-based advisers are warming up to VAs

Slowly but surely, fee-based and fee-only advisers are beginning to warm up to variable annuities.

By Darla Mercado
NEWS RETIREMENT PLANNING FEB 26, 2012
Pensco pulls off 'game changer' of an acquisition

By Dan Jamieson
NEWS RETIREMENT PLANNING FEB 26, 2012
Neither a borrower nor a lender be

By MFXFeeder
NEWS RETIREMENT PLANNING FEB 26, 2012
Practice management should be continuing-education requirement

By Timothy D. Welsh
NEWS INDUSTRY NEWS FEB 24, 2012
INsider: 90 seconds with Schwab's Liz Ann Sonders

The chief investment strategist for Charles Schwab & Co. talked with InvestmentNews senior editor Jeff Benjamin at the Morningstar Ibbotson conference in Hollywood, Fla.

By Mark Bruno
NEWS RIAS FEB 24, 2012
Why longevity insurance is a good solution

By MFXFeeder
NEWS REGULATION AND LEGISLATION FEB 24, 2012
Big guys get bonked, little guys get boost

By Darla Mercado
NEWS INDUSTRY NEWS FEB 24, 2012
Housing biggest expense for 50-plus set

By Darla Mercado
Assist from 'Linsanity' boosts MSG stock to record high
NEWS INDUSTRY NEWS FEB 24, 2012
Assist from 'Linsanity' boosts MSG stock to record high

Emergence of Knicks' player as national sensation pushes shares up 6%; should have bought before the Lakers game

By John Goff
NEWS RIAS FEB 24, 2012
Focusing on 'yield chasing,' Finra issues watch list

By Bloomberg
NEWS RETIREMENT PLANNING FEB 24, 2012
IRA business seen booming

By Bloomberg
Clients with Alzheimer's pose 'scary' legal risks
NEWS RETIREMENT PLANNING FEB 24, 2012
Clients with Alzheimer's pose 'scary' legal risks

Advisers unable to meet fiduciary obligation to clients with reduced capacity; 'document, document, document'

By Andrew Osterland
False bottom? Home prices plunging again
NEWS RETIREMENT PLANNING FEB 24, 2012
False bottom? Home prices plunging again

Housing values down 3.7% in November in 20 major cities; 'a turn for the worse'

By John Goff