Sen Warren Finds Annuity Perks and Kickbacks Rampant |
If you believe Senator Elizabeth Warren’s new report, retirement specialist advisers are enjoying vacations to European castles, beach getaways, free golf outings, expensive jewelry and more by selling annuity products that aren’t necessarily in clients’ best interest.
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FINRA Sanction Firms for Overcharging Charities |
Following up on $30 million in enforcement actions announced in July, FINRA says it’s going after five more advisory firms accused of overcharging charities and retirement accounts.
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Octogenerians Give Retirement Advice |
Nearly three-quarters of current retirees say the earliest years of their retirement were some of their best years, while half say the first five years were the happiest.
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Fidelity Research Busts Five Common Retirement Myths |
Conventional wisdom has it that workers plan their retirement around the amount of money they have saved. But nearly half of American workers plan to stop working on a specific date, regardless of how much they have for retirement.
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