How Do Companies Know if Financial Wellness Programs Are Paying Off?
An EY report suggests that employers look to employee engagement rather than ROI.
United Capital’s FinLife Partners Adds New Strategic Partner, Hires Execs
Since FinLife Partners’ launch, it has delivered $6.9 billion in assets under contract.
Third of Plan Sponsors Want to Switch Advisors: Fidelity
A record number of plan sponsors are actively looking to switch their plan advisors, according to Fidelity's Plan Sponsor Attitudes survey.
Third of UBS Assets Are in Sustainable or Impact Investments
“It’s quite clear this is no longer a niche anymore,” said Group CEO Sergio Ermotti.
FinaMetrica Offers XYPN Members Risk Tolerance Toolkit: Portfolio Products
In addition, Franklin Templeton launched two new municipal bond ETFs and Sage Advisory Services added a customized laddered muni strategy.
Number of RIA Deals Could Reach Triple Digits in 2017: Schwab
The 2017 transaction volume is keeping pace with the 2016 total of 94 deals.
State Street to Pay $35M Over Secret Markups, Disclosure Failures: Enforcement
In another action, the SEC charged an investment advisor with stealing more than $1 million to go gambling and pay other expenses.
‘Substantial Room for Improvement’ in Investors’ Financial IQ: AMG Funds
Only 9% of survey respondents could correctly identify market risk measures, according to the survey of 1,000 individual investors.
Buffer Equity Market Sell-Offs With Government Bonds: BlackRock
Market movements early last week highlight how government bonds can offer diversification benefits, Richard Turnill says.
Millennials See New Social Compact for Retirement Savings: Capital Group
"A 401(k) is table stakes for a millennial job seeker," according to Capital Group's Heather Lord.