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Sounding the secular stagnation alarm bells
EQUITIES OCT 22, 2015
Sounding the secular stagnation alarm bells

<i>Breakfast with Benjamin</i>: Larry Summers is sounding the alarm for secular stagnation.

By Jeff Benjamin
As Paul Ryan moves closer to speaker perch, his signature issues resonate with advisers
INDUSTRY NEWS OCT 22, 2015
As Paul Ryan moves closer to speaker perch, his signature issues resonate with advisers

The decision by Rep. Paul Ryan, R-Wisc., to run for speaker of the House has investment advisers hoping that he will help ease partisan tensions in Washington and emphasize deficit cutting.

By Mark Schoeff Jr.
RETIREMENT PLANNING OCT 22, 2015
Should you take a lump sum payout on your pension?

Consider these four things before taking that big chunk of money your former employer offers you.

By Bloomberg
RETIREMENT PLANNING OCT 22, 2015
These benefits are even more popular than raises

With wages stagnant, employers have found something else to attract and retain employees.

By Bloomberg
UBS in $19.5 million settlement over misleading investors on derivatives
PRACTICE MANAGEMENT OCT 22, 2015
UBS in $19.5 million settlement over misleading investors on derivatives

SEC says investors lost about $5.5 million in first case against an issuer of structured notes.

By Bloomberg
4 ways the Labor Department is about to rock our world
RETIREMENT PLANNING OCT 22, 2015
4 ways the Labor Department is about to rock our world

The proposed fiduciary standard will have the biggest impact since the deregulation of the securities industry a few decades ago.

By Joe Duran
SEC, Finra fine UBS $34 million over Puerto Rico funds
WIREHOUSES OCT 22, 2015
SEC, Finra fine UBS $34 million over Puerto Rico funds

Fine related to two actions from the SEC and Finra over sales of closed-end bond funds and a former broker's fraud.

By Mason Braswell
State regulators report advisers' top five trouble areas for compliance
PRACTICE MANAGEMENT OCT 22, 2015
State regulators report advisers' top five trouble areas for compliance

Latest exam data from state regulators show deficiencies are down dramatically, but some areas are particularly problematic.

By Mark Schoeff Jr.
PRACTICE MANAGEMENT OCT 22, 2015
How to show clients what they're missing when they focus on products over plans

Sometimes clients need a reminder they're not investing because they want to own one of the &quot;10 hot funds&quot;

By crichards
Morningstar shines an ESG light on all mutual funds and ETFs
EQUITIES OCT 22, 2015
Morningstar shines an ESG light on all mutual funds and ETFs

New zero-to-100 rating would indicate the environmental, social and governance impact of a fund's holdings.

By Jeff Benjamin
Emerging markets pioneer Mark Mobius to step down as lead manager on Templeton Emerging Markets Investment Trust
EMERGING MARKETS OCT 22, 2015
Emerging markets pioneer Mark Mobius to step down as lead manager on Templeton Emerging Markets Investment Trust

Carlos Hardenberg selected as new lead manager in effort to bolster performance, which has been subpar.

By Bloomberg
RETIREMENT PLANNING OCT 21, 2015
Baby boomers, shift to 401(k)s will send megabucks to advisers by 2020

New report forecasts $1.5T will flow to defined contribution and retail investment markets.

By Greg Iacurci
INDUSTRY NEWS OCT 21, 2015
How Kubrick's '2001: A Space Odyssey' mirrors today's brokerage industry

The analogy of evolution and the shared themes of technology, human change and exploration are parallel.

By Jeffrey Anderson
Carl Icahn campaigns against corporate inversions and for himself
EQUITIES OCT 21, 2015
Carl Icahn campaigns against corporate inversions and for himself

<i>Breakfast with Benjamin</i>: Carl Icahn's smooth move to try and halt corporate inversions in the name of tax patriotism is, naturally, also pretty good for his own portfolio.

By Jeff Benjamin
RETIREMENT PLANNING OCT 21, 2015
Is it better to rent or buy?

Across the U.S., it's 23% cheaper for a young household to buy a home than to rent one. Find out where it's best to buy now.

By Bloomberg
Morgan Stanley's wealth management unit sputters in global slowdown
WIREHOUSES OCT 21, 2015
Morgan Stanley's wealth management unit sputters in global slowdown

Revenue from transactions decreased 28.5%, as skittish investors stayed away from the market.

By Bruce Kelly
Pension trade group believes DOL fiduciary rule is all but inevitable
RETIREMENT PLANNING OCT 21, 2015
Pension trade group believes DOL fiduciary rule is all but inevitable

American Society of Pension Professionals and Actuaries now plans to shape -- not kill -- the proposal.

By Mark Schoeff Jr.
Warren Buffett doesn't have time to fiddle with activist investing
EQUITIES OCT 21, 2015
Warren Buffett doesn't have time to fiddle with activist investing

<i>Breakfast with Benjamin</i>: Warren Buffett's distaste for activist investing boils down to simple math.

By Jeff Benjamin
Edelman Financial Services to be acquired by Hellman & Friedman
INDUSTRY NEWS OCT 21, 2015
Edelman Financial Services to be acquired by Hellman & Friedman

Hellman &amp; Friedman will take majority stake in financial planning firm; founder and CEO Ric Edelman remains largest individual shareholder.

By Alessandra Malito
Support grows to repeal Obamacare 'Cadillac tax'
PRACTICE MANAGEMENT OCT 21, 2015
Support grows to repeal Obamacare 'Cadillac tax'

Bipartisans in Congress &amp;mdash; as well as business and labor groups &amp;mdash; are coalescing to try to stop a tax on high-premium health care plans.

By Mark Schoeff Jr.