Advisers focused on client retention take heed—spouses are increasingly influencing retirement income planning decisions, says Hearts & Wallets research.
Four of twelve class representatives say the $75 million J.P. Morgan agreed to pay is not enough.
Exchange-traded funds have benefited once again in 2017 from an increase in investor focus on costs.
With the passage of the Senate’s version of tax reform, the stage is set for a bicameral conference committee process through which a select group of legislators will try to rectify the House and Senate bill texts.
Over three-quarters purchased their IRA through an investment professional.
The lawsuit challenges the use of retail share classes for the plan's investment menu and revenue-sharing paid to the plan's recordkeeper.
While 66% of larger plans use automatic enrollment, only 51% of smaller plans do.
Almost any bill floated by a Democrat is going to be a long shot in the current political environment, but proposals submitted by Representative Richard Neal, ranking member of the House Ways and Means Committee, enjoy broad support among the investment business and lobbying community.
T. Rowe Price Names Senior DC Specialist; Vanguard Rotates Portfolio Managers; American Century Preps for Major ETF Business Launch; and more.
Few retirement plan investors may actually mirror their portfolios to a U.S. total market index—but there are still some important implications to be found in the record-setting performance of the Wilshire 5000, beyond the relative growth of small-cap and large-cap.
Nearly one in four say they would be willing to save more than 50% of their paycheck to have more money in the long run.
Swerdlin & Company Integrates Stadion Storyline; Vanguard Offers First U.S. Actively Managed ETF Suite; and AAM Enters U.S. ETF Market with New Dividend Funds; and more.
Cerulli says they are more receptive to comprehensive financial planning than Gen X or Boomer advisers.
Pavilion developed the quiz to gauge the knowledge of investment committee members and other professionals serving in fiduciary roles on ethics, conflict standards and fees.
With the health care industry facing many uncertainties, organizations are looking to attract top talent.
The expert interview series showcases some of the leading thinkers in the financial services industry on issues that matter most for financial advisers.
In a policy paper, Morningstar says state-run plans and multiple employer plans in their current form would create a more fragmented U.S. retirement system for employees.
Congress has periodically adjusted the cash-out limit over the years to reflect increasing costs of plan administration; however, the last time it was updated was 1997.
According to Cambridge Associates, DB plan fiduciaries should coordinate across four “levers” that can help improve funded status and mitigate negative impacts of under-funding on corporate financials.
Fifty percent of Gen Xers surveyed say they cannot start saving for retirement until they pay off their credit card debt.