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Thursday, January 30, 2014

Reuters Money: Enrolling in Medicare: Your boss doesn't always know best

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01/30/2014
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Enrolling in Medicare: Your boss doesn't always know best
(The opinions expressed here are those of the author, a columnist for Reuters.)
Wearing two hats triggers compliance headaches for advisers
(Reuters) - Brokers who want to set up their own advisory businesses have a lot of compliance issues to consider, especially when they plan to hold licenses through both of the top U.S. securities regulators instead of just one.
Fidelity Contrafund gets big lift from Facebook surge
(Reuters) - Fidelity Investments' $111 billion Contrafund received a big lift on Thursday from its $2 billion stake in Facebook Inc after the shares surged 18 percent on better-than-expected revenue results.
Ben Bernanke's parting shot to emerging markets
(Reuters) - Ben Bernanke's parting gift to emerging markets was some tacit advice they should have understood all along: you are on your own.
Obama seeks to lift U.S. women's pay further out of 'Mad Men' era
WASHINGTON (Reuters) - U.S. women's paychecks will not catch up to men's for another 40 years at the current rate of improvement, experts say, a situation U.S. president Barack Obama highlighted in his State of the Union address, calling for policy changes he hopes will close the gap sooner.
Obama's 'myRA' worker retirement plan sets modest goals
WASHINGTON/BOSTON (Reuters) - President Barack Obama ordered on Wednesday the creation of a new government-backed retirement account for low-income workers, the myRA, that will be safe and simple, but will top out at only $15,000 per account and offer modest returns.
What if retirement security is not about the money?
NEW YORK (Reuters) - Pop quiz: What would it take for you to have true retirement security?
U.S. debuts floating-rate notes to robust demand
NEW YORK (Reuters) - The U.S. government, seeking a new vehicle to raise cash, sold its first floating-rate debt on Wednesday to strong demand underpinned by concerns that reduced Federal Reserve stimulus would lift interest rates.
Is myRA for me?
NEW YORK (Reuters) - President Obama's proposal for myRA, a new retirement savings vehicle, took up only a few moments of Tuesday's State of the Union address, prompting more questions than answers.
Exclusive: Mitsubishi UFJ, Morgan Stanley eye deal to serve hedge funds
NEW YORK (Reuters) - Morgan Stanley and Mitsubishi UFJ Financial Group Inc are considering forming a partnership to provide administrative services to hedge funds, a senior official of the Japanese lender said on Wednesday.
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