May 04, 2017

Funds Industry Takes on Trump

Since the surprise election of Donald Trump, mutual fund firms have scrambled to reassure both advisors and investors that the outcome will not have an immediate impact on markets. Immediately following election night, firms like Franklin Templeton and PIMCO analyzed how Trump’s campaign promises could affect investor portfolios and equity markets. Firms anticipated that a […]

September 26, 2016

Department of Labor Fiduciary Rule Update: Prepping Advisors for Compliance

The Department of Labor released a preliminary of version of its fiduciary rule on April 14, 2015 and the finalized version was made public a year later on April 6, 2016. Although September 6 marked five months since the rule’s release, it continues to be surrounded by ambiguity and uncertainty; an unfortunate situation furthered by […]

April 05, 2016

What Is the DOL’s Proposed Fiduciary Rule? Investors Don’t Know but Would Like to Find Out

On February 23, 2015, President Barack Obama called on the Department of Labor to update its rules and requirements to ensure financial advisors put their clients’ best interests above their own. “It’s a very simple principle,” Obama said, “You want to give financial advice, you’ve got to put your client’s interests first.” The DOL released […]

July 16, 2015

Prudential Responds to Supreme Court Same-Sex Marriage Decision

Prudential set itself apart from other insurers by swiftly releasing an updated version of its existing white paper for same-sex couples after the landmark Obergefell v. Hodges Supreme Court decision legalizing same-sex marriage. Prudential provides a topical Financial Planning for LGBT Couples After U.S. v. Windsor and Obergefell v. Hodges (PDF) white paper addressing how […]

July 13, 2015

Firearm Legislation Attempts to Mimic the Auto-Insurance Model

Lawmakers introduced a new bill to the House of Representatives in May, which has the potential to radically alter firearm safety by mimicking the auto-insurance model. The legislation, which would hold gun owners accountable for their actions, is an effort to reduce violence and gun accidents. New York Representative Carolyn Maloney introduced the potential legislation, […]

July 09, 2015

King vs. Burwell – Healthcare Firms React to Supreme Court Ruling

The Supreme Court’s recent decision to preserve the subsidies/premium tax credits for healthcare plans purchased on public exchanges, regardless of whether they are state-run or provided directly through Healthcare.gov, has sparked a frenzy of headlines across the industry. Healthcare insurers want to ensure that consumers understand the implications of the decision on their current and […]

October 14, 2013

The Impact of the Government Shutdown on Federal Benefits

In addition to putting over 800,000 people temporarily out of work, the federal government shutdown has substantial implications for individuals and families reliant upon federal benefits. In early-November, the government is scheduled to pay out over $60 billion dollars in social security and military benefits, and these payments are in jeopardy of being delayed or […]