Although they remain divided on the current financial environment, millionaires’ optimism for the future is the highest it has been since 2006, a survey found.
Markets will be erratic as U.S. policy indecision and a deepening recession in Europe overshadow virtually every aspect of the world economy, Natixis predicted.
Plan sponsors should avoid using “jargon” investment language that some participants do not understand, even terms that would seem to be common knowledge, such as “equity.”
National Financial Partners Corp. (NFP), a provider of benefits, insurance and wealth management services, acquired Fusion Advisor Network, a practice management and consultant to advisers.
A sometimes-overlooked option for retirement income in defined contribution (DC) plans can help keep participants from outliving their retirement savings, sources said.
Brian Schweitzer became strategic account manager, Craig Miller was promoted to key account manager, and Tina White was promoted to IO sales desk supervisor.