Oliver Wyman

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  Germany Said to Stall Spain on Bank Rescue

  By Marlene Y. Satter, AdvisorOne  |  October 2, 2012

  Just when it seems that Spain has made up its mind at last to ask for a bailout for its banks, Germany is said to be pushing Madrid to wait.

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  Why Focus Only on the Surface Costs of Fiduciary Advice?

  By Bob Clark, AdvisorOne  |  September 4, 2012

  It’s time we started talking about what financial consumers are giving up in return for their “free” advice.

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  Fiduciary Rule Backers Renew Critique of Oliver Wyman Study

  By John Sullivan, AdvisorOne  |  August 31, 2012

  Proponents of a fiduciary standard for IRA advisors, including Barbara Roper of the Consumer Federation of America, are once again crying dirty pool over a widely reported study.

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  Spain Accepts Bailout

  By Marlene Y. Satter, AdvisorOne  |  June 11, 2012

  Spain accepted a bailout Saturday for its financial sector, and Italy stepped up into the spotlight over concerns that it may be the next country to request aid.

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  Spain Downgraded, Seen Asking for Bailout Saturday

  By Marlene Y. Satter, AdvisorOne  |  June 8, 2012

  Fitch cut Spain’s credit rating by three notches late Thursday, leaving it two levels above junk, and Friday morning word circulated that the country would ask for a bailout on Saturday.

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  Oliver Wyman Releases Data on IRA Fiduciary Costs to DOL

  By Melanie Waddell, AdvisorOne  |  April 24, 2012

  After much anticipation, Oliver Wyman released to the DOL and the SEC in early April the data underlying its report stating that applying a fiduciary standard to IRA recommendations is costly.

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  Oliver Wyman Releases Data to DOL on IRA Fiduciary Costs

  By Melanie Waddell, AdvisorOne  |  April 5, 2012

  After much anticipation, Oliver Wyman released to the DOL and the SEC on Thursday the data underlying its report stating that applying a fiduciary standard to IRA recommendations is costly.

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  Lawmakers Grill DOL’s Solis on Fiduciary Duty Redraft

  By Melanie Waddell, AdvisorOne  |  March 21, 2012

  At a House hearing, lawmakers took Labor Secretary Hilda Solis to task Wednesday over how the DOL’s recrafting of its fiduciary rule is progressing—specifically on the timing of the re-proposed rule and the rule’s inclusion of IRAs.

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  SEC’s Schapiro Opposes Stopping Money Market Reforms

  By Melanie Waddell, AdvisorOne  |  March 16, 2012

  Despite the deluge of comments opposing the SEC’s plans to soon issue a rule to further reform money market funds, SEC Chairman Mary Schapiro insisted Thursday that the funds still have “structural flaws” that must be addressed.

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  DOL ‘Disappointed’ With Industry Input on Fiduciary IRA Request

  By Melanie Waddell, AdvisorOne  |  February 29, 2012

  The Department of Labor’s EBSA says it is “disappointed” that industry trade groups could not provide more data by the Feb. 24 deadline, and it's "bewildered" that the data underlying the Oliver Wyman report is "not forthcoming."