News

Despite the generally positive perceptions of the benefits of guaranteed lifetime income, only one in four survey respondents age 45 and up plan to purchase an annuity. 

Loan and hardship rules, in addition to reporting requirements, have been relaxed.

It had sunk to an all-time low in 2016.

Comments submitted to the Department of Labor by experts with Morningstar warn the loose use of the term “clean shares” could jeopardize fiduciary compliance. 

Envoy Advisory submitted an offer of settlement which the SEC accepted.

The principal of financial adviser inclusion and diversity at Edward Jones reflects on her job leading the advisory company’s revamped diversity efforts—informed by her own first career as...

A 65-year-old couple retiring today can expect to pay $400,000 in health care expenses.

To minimize this risk, the CRR suggests parents keep household spending steady over time while sharply cutting back spending on themselves.

Aimed at asset managers and advisers, the first in the “In the Know” brief series covers Dodd-Frank, the Financial Choice Act and more.

The firm hopes its relaunched gender and cultural diversity programs aimed at attracting and retaining people from more walks of life to the advisory industry can help to...

Ernst & Young says the best measure is employee engagement.

Forty-one percent of Millennials are avoiding the stock market and using savings accounts to save for retirement, which LendEDU estimates will cause Millennials to miss out on more...

The financial services and retirement advisory industry has collectively invested tens, if not hundreds of millions of dollars in the last decade to boost the use of big...

They are finding this results in better performance and reduced litigation risk.

Firms focusing heavily on promoting low-cost products without considering clients' preferences for premium service and a stable, trusted brand may fall behind, according to a study by LIMRA.

A new publication from Research and Markets offers a highly detailed overview of what it takes to meet the many technical requirements of ERISA. 

It also provides links for resources the IRS provides to help 403(b) plan sponsors stay in compliance.

Researchers from State Street Global Advisors suggest policy changes that could improve retirement readiness for younger workers and late savers.

When asked how they would like to receive advice, respondents reported preferences for receiving advice as often as they have questions and through channels like email and 1:1...

CANNEX Hires Annuity Research Leader; Northern Trust Expands Foundation & Institutional Advisors Team; BPAS Hires External Wholesaler; and more.