Fed to Begin Balance Sheet Cuts; Hints Rate Hike Up Next
Financial markets were positioned for a slightly more dovish policy statement.
CFPB Pursues Illegal Student Loan Practices Despite DOE Data Freeze
The agency ordered Collegiate Student Loan Trusts and its debt collector to pay $21 million in fines and restitution for illegal debt collection lawsuits.
Rising Health Care Costs Threaten Employees’ Financial Security: Merrill
Employees report that as a result of increasing health care costs they’re spending less, saving less and investing less.
Robert Reynolds: Here's How Workplace Plans Can Save Retirement
A new book from the CEO of Putnam Investments and Great-West Financial outlines changes in 401(k) plans that can help meet that goal.
New S&P Index to Hedge Against Rising College Costs
The S&P Target Tuition Inflation Index is designed to protect college savings from losing value due to inflation.
Fiduciary Rule Delay to Cost Investors $11 Billion: Economic Policy Institute
EPI is just one of many consumer groups opposing the rule's 18-month delay until July 2019.
Goldman Starts Smart Beta ETF Price War
The move not only intensifies competition in smart beta but between smart beta and actively managed funds — possibly even passive index funds.
Betterment Adds Smart Beta and Targeted Income Strategies
The additions are meant to address the investment needs of the firm's increasingly diverse client base.
Fidelity Launches Robo Platform for Advisors
The Automated Management Platform allows advisors “to seamlessly manage digital accounts” alongside more traditional accounts, Fidelity says.
The Declining Fiscal Health of America’s Cities
Municipal revenues are expected to grow much more slowly in 2017 while expenditures remain steady and state and federal aid continues to decline.