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Week’s Best: Social Security Payments Set to Jump

The Social Security Administration has approved the largest increase in its cost-of-living adjustment, or COLA, since 1982, announcing a 5.9% jump to take effect next year. Michael Shillin of Appleton, Wis., has been barred from the industry by Finra, and has nearly 40 complaints listed in his BrokerCheck record. Morgan Stanley has lured away a seasoned advisory team with around $1 billion in assets under management from Citi Personal Wealth Group.

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