Industry News

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NEWS RIAS MAY 16, 2012
Top RIAs form anti-roll-up advocacy group

By Bruce Kelly
Four-percent rule a relic, advisers say
NEWS RETIREMENT PLANNING MAY 16, 2012
Four-percent rule a relic, advisers say

More flexibility with withdrawal rate needed; emerging-markets investments change assumptions

By LKUYKENDALL
NEWS RIAS MAY 16, 2012
Savant hooks up with The Monitor Group in rare RIA merger

By Bruce Kelly
NEWS INDUSTRY NEWS MAY 16, 2012
Real gold versus a promise of gold

By Paul de Sousa
NEWS INDUSTRY NEWS MAY 16, 2012
How to invest like Warren Buffett

Oracle's approach to stock picking actually pretty straightforward; Ben Graham man

By John Goff
NEWS RIAS MAY 16, 2012
Schwab CEO finally gets a raise

Bettinger lands an extra $100K in base pay; total comp topped $10M last year

By DJAMIESON
NEWS INDUSTRY NEWS MAY 16, 2012
Warren Buffett's take on gold bugs State St.

By Bloomberg
The return of pensions? Treasury backs annuities in retirement plans
NEWS RETIREMENT PLANNING MAY 16, 2012
The return of pensions? Treasury backs annuities in retirement plans

American retirement security now ranks as a top concern of the White House, right up there with unemployment and the federal budget deficit. In a joint announcement Thursday, the Departments of Treasury and Labor unveiled two executive actions to expand the transparency of 401(k) fees and broaden the availability of retirement plan payout options to encourage the use of annuities to provide lifetime income.

By Bloomberg
IRA business to boom, but advisers won't see much of it
NEWS RETIREMENT PLANNING MAY 16, 2012
IRA business to boom, but advisers won't see much of it

Large record keepers in the catbird's seat with retirement account assets set to grow by 37% in next four years

By Bloomberg
NEWS INDUSTRY NEWS MAY 15, 2012
Even better than the real thing

Call it Bill Gross Lite: Pimco's Total Return ETF is not only roundly beating the competition -- it's far outstripping the flagship mutual fund it's based on.

By John Goff
NEWS IRA ALERT MAY 15, 2012
A case of two wives and one pension

By Ed Slott
When financial aid isn't
NEWS INDUSTRY NEWS MAY 15, 2012
When financial aid isn't

Letters from colleges murky, hide true cost of parental contribution, critics say; larding on the loans

By John Goff
Hidden tax of inflation would do in economic recovery: Baum
NEWS INDUSTRY NEWS MAY 15, 2012
Hidden tax of inflation would do in economic recovery: Baum

Punishing savers is not the right way to cure what's ailing the U.S.

By John Goff
Dutch boy holds his own in prestigious economic contest
NEWS INDUSTRY NEWS MAY 15, 2012
Dutch boy holds his own in prestigious economic contest

Wolfson Prize submission for solving Greek crisis similar to plans from Krugman, Roubini; loves animals

By John Goff
Vanguard's sights set on financial advisers
NEWS RIAS MAY 15, 2012
Vanguard's sights set on financial advisers

The Vanguard Group Inc. is dramatically stepping up its efforts to court financial advisers by doubling the number of sales reps who work with advisers.

By Jason Kephart
NEWS INDUSTRY NEWS MAY 15, 2012
Peter Schiff: Why Warren Buffett is wrong about gold

The gold doomsayers have found their champion in the media's favorite financial adviser and one of the world's richest men.

By Peter Schiff
U.S. economy needs another miracle as productivity slows
NEWS RETIREMENT PLANNING MAY 15, 2012
U.S. economy needs another miracle as productivity slows

The world's largest economy may need its second miracle in 15 years as waning productivity growth sets the stage for slower income gains, fewer job opportunities and larger federal deficits in the U.S.

By Doug Cubberley
NEWS RETIREMENT PLANNING MAY 14, 2012
Ratings upgrade a real benefit to Security Benefit, says insurer's boss

Kiley says A rating will boost distribution of annuities; carrier's premiums already on the rise

By Darla Mercado
NEWS INDUSTRY NEWS MAY 14, 2012
Now what?

The financial crisis and the Madoff scandal did a real number on the reputation of investment advisers. Many, though, say they've slowly begun to regain clients' trust. Now, out of the blue, a respected Wall Street institution cops to a $2B goof. This does not help.

By John Goff
U.S. workers short on long-term disability coverage
NEWS RETIREMENT PLANNING MAY 14, 2012
U.S. workers short on long-term disability coverage

Despite employers' cutting back on benefits, few employees purchasing policies on their own 


By Mary Beth Franklin