ABLE Act Passed, but Many Questions Remain
For states deciding whether to host or contract a qualified disability savings account program, there’s a lot to consider.
Fixed Indexed Annuity Sales Displacing Some VA Products at BDs
Although VA sales far outpace total annuity sales for broker-dealers, fixed indexed annuities account for 10% of BDs’ total annuity sales, IRI reports.
10 Keys to a Robust Retirement System
There's no perfect retirement regime, but these objectives will help maximize savings for the most people.
Schwab ‘Optimistic’ About Equities, Developed Markets in Second Half
In a midyear market outlook, CIO Omar Aguilar expressed optimism for equities and developed markets while predicting a Fed rate hike in Q4.
PIMCO Releases Asset Allocation Strategies for ‘New Neutral’
PIMCO released its investment strategy for the next three to five years, saying the world is in a “New Neutral” environment.
Global AUM for Investment Managers Increasing Faster Than Revenue
Fee pressure is keeping industry revenue down, while AUM increase is mostly due to market appreciation, a Casey Quirk benchmarking study shows.
Advisor, Race Car Driver Convicted of Bilking NHL Players
A federal jury has convicted an advisor and a part-time race car driver on charges of wire fraud, wire fraud conspiracy and money laundering conspiracy.
Want to Work in Retirement? You May Be in for a Surprise
"Retired" boomers who want to keep working have unrealistic expectations about pay and flexibility, a Bankers Life survey found.
How to Handle Clients Worried About Greece, China
OppenheimerFunds recently held a webinar outlining ways advisors can manage expectations and address client concerns during meetings.
Disgruntled Investors Are a Big Crowdfunding Risk
When the SEC adopted Regulation A+ in March, the new rules exposed companies that raise capital through crowdfunding to new risks.