Fidelity Accused of Adviser Registration Issues |
A complaint filed by state securities regulators in Massachusetts accuses Fidelity of allowing unregistered individuals to utilize its platforms and perform inappropriate functions.
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PBGC Updates Premium Rates for 2016 |
The Pension Benefit Guaranty Corporation has updated its website with premium rates for 2016, which include a preprogrammed increase. Experts report increased premiums can strain employer commitment to DB plans.
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When Concentration Beats Diversification |
In a twist on what is probably the most common investment mantra out there—diversify, diversify, diversify—university researchers found institutional investors using concentrated investment strategies fared better than more diversified investors in certain circumstances.
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Millennials Likely Face Later Retirement |
The class of 2015 faces a retirement age as late as 75—two years later than what the Class of 2013 could expect—because of increasing student loan debt, rising rents and Millennials’ approach to money management, according to analysis by NerdWallet.
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