White House Memo Offers a Peek at DOL Fiduciary Strategy
Two top Obama economic advisors write in an internal memo that DOL should tighten broker rules; they share some details from the long-awaited fiduciary redraft.
Time for Broker Crackdown as Abuses Cost Retirement Savers Billions: Obama Aide
A leaked White House memo estimates the cost to 401(k) savers of broker practices like excessive trading and calls for tighter rules.
How to Fill in the 401(k) Results Gap
Advisors will find that most retirement savers don't own the best available funds.
12 Key Insights for Financial Advisors and Clients
Marketing and communication between clients and advisors depends largely on use of marketing tools that vary by age and affluence, EY finds.
Student Debt Could Be Discharged in Bankruptcy Under New House Bill
Meanwhile, college savings proponents are rebelling against one of Obama's college-related proposals.
Obama Signals Support for DOL Fiduciary Redraft
As both sides gird for battle over the DOL measure, expected to be released any day now, the White House appears ready to lend support.
Pershing Launches Retirement Plan Network for BDs, RIAs
Using NetX360 as its nexus, initiative will provide tools, resources and data to advisors serving DC retirement plans.
New Roth 401(k) Rollovers Maximize After-Tax Contribution Value
The increasing availability of in-plan Roth 401(k) rollovers has changed the retirement income planning landscape, especially for small-business owners, but the rules are tricky.
Census Data Understates Retirement Income of Wealthy
A Center for Retirement Research analysis shows significant understatements in retirement income reported in the Census Bureau’s Current Population Survey.
Stop Checking Your Retirement Portfolio So Often: Columbia Study
To improve returns, advisors should help retirement clients build an appropriate portfolio and then "encourage them to be inattentive," a Columbia professor says.