Wealth Managers Must Be High-Tech and High-Touch
Many robo-advisors are aimed at younger, mass affluent investors. But boomers and high-net-worth clients like tech tools, too.
Tax-Deferred Retirement Saving, Without a 401(k)
The single most powerful feature of an annuity is not guaranteed income, says Mitch Caplan, CEO of Jefferson National.
Bob Doll: Fed Rate Hikes Likely in September
Although the Fed doesn’t appear to be in any “immediate hurry to act,” Bob Doll believes interest rate increases will begin in 2015.
U.S. Retirement Crisis Is Real: NIRS
A pair of surveys released in March by the National Institute for Retirement Security shows that the country is facing a retirement crisis.
EBSA to Extend Window for Retirement Account Fee Disclosure
Providers of participant-directed individual retirement account plans like 401(k)s will have a two-month grace period to provide annual fee disclosures.
Military Still Worried About Sequestration, Confident About Repeal
The military spending caps enacted by Congress in 2011 are unpopular among servicemembers, and 80% think they should be repealed.
Adult Children Eating Away Boomers’ Retirement Savings
How much support boomers provide their adult children is a key factor in their retirement preparedness, a report from Hearts & Wallets found.
Asset Managers Don’t See Digital Engagement as Essential: Kasina
Almost half of asset managers say digital initiatives to engage with customers are “nice to have” but not essential to doing business.
Many HNW Investors Call Themselves ‘Self-Directed,’ Despite Complex Portfolios
Almost 30% of high-net-worth investors consider themselves self-directed, a survey from Cerulli Associates found.
Participants Happy With 401(k) Choices
A survey released in February by TIAA-CREF found that most retirement plan participants are happy with their investment choices, even if they aren’t familiar with all of them.