Auto-IRAs Spell Opportunity for 401(k) Advisors

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Auto-IRAs Spell Opportunity for 401(k) Advisors

Advisors in the 401(k) business should welcome, not fear, the new crop of state retirement programs, InvestmentNews says. Despite concerns that the so-called auto-IRAs pose competition for potential sponsor clients, the programs “don't pose a threat …
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Senate panel delays hearing for Trump's Commerce secretary pick

“The general practice of the Senate Commerce Committee has been to require complete applications on candidates for Senate confirmation before holding a hearing,” said Thune and Nelson.
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Banks forced to cover tracks of China's forex regulator

China's forex regulator is telling banks to keep its instructions about curbing capital outflows secret and to ensure that research analysts keep any negative views about the yuan's prospects to themselves, several bankers said.
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U.K. Considers Promising EU Citizens They Can Stay After Brexit

U.K. Prime Minister Theresa May's government is considering a unilateral pledge to allow three million European citizens residing in the country to
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MPs hear call for five-year transitional Brexit deal

The head of the London Stock Exchange (LSE) has told MPs that the UK government should negotiate a five-year transitional Brexit deal.
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