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The Financial Adviser’s Guide to “Reasonable Compensation” |
DOL fiduciary rule: crack the code of “reasonable compensation”
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Fewer Singles Saving for Retirement than Married Couples |
Forty-four percent of single people are saving for retirement, compared to 63% of married people.
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Wells Fargo Asset Management CEO Issues Call to Action on Gender Challenges |
During a press lunch in New York, Wells Fargo’s CEO of asset management issued a direct call to action for retirement plan advisers, sponsors and providers to do more to help Millennial women save and invest effectively for retirement.
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Millennials Prefer Human Financial Advisers |
A majority of young investors believe human advisers can generate a better ROI than robo-advisers, a recent survey finds.
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ESOP Participants Win Case Over Failed Diversification Implementation |
A court used plain language of the ESOP plan document to show the plan administrator’s failure to implement participants diversification elections was “arbitrary and capricious.”
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Future Retirees Have Grim Outlook |
In addition, more than one-quarter of recent retirees say life is worse because of income and cost of living.
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