New BPC Report Suggests Fixes to LTC Financing Challenge
Fighting for more Medicaid dollars is “a losing argument; we’re beyond that,” says former Senate Majority Leader Bill Frist.
IRAs Not Serving Intended Savers: CRR
IRAs were intended for less well-off workers who lack employer-sponsored retirement plans, but that's not where most inflows are coming from, CRR reports.
States Line Up Against DeVos to Save Obama’s College Rules
The Education secretary is delaying rules that would help borrowers defrauded by for-profit colleges.
Trump Is No Hurdle for Oregon’s State-Run Auto-IRA Plan
The OregonSaves retirement program entered a pilot phase on July 1 with 11 employers.
How Prepared Are Boomers, Gen Xers & Millennials for Retirement?
A survey from Legg Mason compares the average asset allocation of the different generations.
Roth 401(k) Options on the Rise: T. Rowe Price
T. Rowe Price’s annual Reference Point report assesses trends among employer-sponsored retirement plans.
T. Rowe Price Launches Retirement Income 2020 Fund: Portfolio Products
Also, AssetMark adds a free tool for advisors to assess the value of their businesses, plus new ETFs from Goldman Sachs and U.S. Global.
DOL Releases Fiduciary Rule Request for Information
Comments could lead to “new exemptions or changes” to the fiduciary rule and PTEs, as well as extending the Jan. 1 compliance date.
Nuveen Sees Rising Demand for Closed-End Funds
Nuveen's Anne Kritzmire explains why closed-end funds are beneficial to retirees seeking income.
Best & Worst BDs for Advisors: J.D. Power — 2017
Satisfaction among employee and independent advisors is down, and that means lots of reps could be on the move, the research finds.