Discussing long-term care insurance can be tough—assuming advisors can get their clients to discuss it at all.
Top Portfolio Products: China Bond ETF from Global X
AssetMark adds donor-advised fund, while Franklin Templeton launches Social Security optimizer tool.
Enforcement Roundup: Madoff Recovery Total Hits $10 Billion
Meanwhile, the SEC suspended trading of four companies over concerns about their Ebola remedy prospects.
New Hire Roundup: John Mendez Nominated to Be SIPC Chairman
In another personnel move, Craig Anzlovar has joined Pioneer Investments as fixed income client portfolio manager.
China’s ‘New Silk Road’ to Spur Infrastructure Investments
Rails, roads, pipelines will help trade links to three continents.
Netherlands' Woes Stack Up
The sixth largest economy in the eurozone has had its share of woes, though it hasn't fared as poorly as some of its neighbors.
AIG Jumps In With Longevity Annuity for IRAs
AIG is the first mover after an IRS rule change that allows QLACs in retirement plans. Other firms are expected to follow soon.
Millennials Aren’t Meeting Their Match (in 401(k)s)
Almost 40% of younger millennials aren’t meeting the threshold for a full company DC plan match.
Top Portfolio Products: New China Bond, Buyback-Themed ETFs
New products focus on e-commerce in the emerging markets and more.
SEC, FINRA Enforcement: Ticket-Brokering Pump-and-Dump Scheme Halted
Meanwhile, Merrill Lynch, Pierce, Fenner & Smith was censured and fined by FINRA on two separate issues.