IFAwebnews » financial advisors

Financial advisors, consumers must be on same page with disability insurance

Jaime L. Brockway — Mon, 19 Dec 2011 16:17:08 +0000

“Significant” opportunities exist for financial advisors to better educate consumers about the risk of income loss from illnesses or accidents, and to better prepare them to mitigate loss, a new survey says.

Financial advisors, consumers must be on same page with disability insurance via IFAwebnews.

LPL Financial raising fees, other levies for 12,800 advisors

Jaime L. Brockway — Tue, 22 Nov 2011 13:24:55 +0000

A national independent broker-dealer is raising fees, including its advisor affiliation fee, starting Jan. 1, 2012, after two decades of maintaining the same rates.

LPL Financial raising fees, other levies for 12,800 advisors via IFAwebnews.

‘Dramatic shifts’ from Dodd-Frank mean new advisor ‘importance’

Jaime L. Brockway — Wed, 21 Sep 2011 11:45:52 +0000

“Dramatic shifts” in the investment advisor profession are forecast as advisors prepare for the Dodd-Frank Act, a provision of the federal financial service reform to be enacted next year.

‘Dramatic shifts’ from Dodd-Frank mean new advisor ‘importance’ via IFAwebnews.

Heeding criticism, Labor Dept. to retool its definition of ‘fiduciary’

IFAwebnews Staff — Mon, 19 Sep 2011 17:04:45 +0000

The U.S. Department of Labor's Employee Benefits Security Administration will redo its rule on the definition of a “fiduciary” after its prior description drew criticism and concern from Congress and financial advisors.

Heeding criticism, Labor Dept. to retool its definition of ‘fiduciary’ via IFAwebnews.

CFP board seeks comment on experience, disciplinary rule changes

IFAwebnews Staff — Mon, 22 Aug 2011 10:49:33 +0000

The Certified Financial Planner Board of Standards' has opened public comment periods for its proposed amendments to its experience requirement for initial CFP certification and changes to its disciplinary rules.

CFP board seeks comment on experience, disciplinary rule changes via IFAwebnews.

Majority of middle-market baby boomers without financial advisors

Bob Graham — Tue, 16 Aug 2011 12:10:45 +0000

Half of middle-market baby boomers say they lack the confidence to manage their investing, and fewer than 50% have contacted a financial services professional for help, according to a new survey from the Insured Retirement Institute.

Majority of middle-market baby boomers without financial advisors via IFAwebnews.

Majority say make all financial instruments simpler, please

Bob Graham — Tue, 05 Jul 2011 13:35:49 +0000

An executive summary, providing prospective and current investors in financial instruments with easy-to-understand information, should become commonplace, according to a strong majority of participants in the latest IFAwebnews.com poll.

Majority say make all financial instruments simpler, please via IFAwebnews.

I’ll watch White Collar over reading a financial prospectus any day

Bob Graham — Mon, 27 Jun 2011 11:51:09 +0000

The words is out: People don’t want to read boring prospectuses for the financial products they buy. Even more importantly, as the Insured Retirement Institute recently found, they don’t bother.

I’ll watch White Collar over reading a financial prospectus any day via IFAwebnews.

New N.J. rule punishes insurance agents’ misuse of designations

Jaime L. Brockway — Fri, 11 Mar 2011 11:50:09 +0000

The New Jersey Department of Banking and Insurance (DOBI) recently adopted a regulation to maintain compliance with an existing statute barring financial advisors from using “untrue” senior-specific designations.

New N.J. rule punishes insurance agents’ misuse of designations via IFAwebnews.

‘Unprecedented’ opportunity for advisors as annuity assets reach all-time high

Jaime L. Brockway — Wed, 09 Mar 2011 13:22:30 +0000

The annuity industry ended last year on “strong and secure footing,” where variable annuity assets reached an all-time high and fourth quarter sales showed the highest levels of last year, a report showed.

‘Unprecedented’ opportunity for advisors as annuity assets reach all-time high via IFAwebnews.