DOL ‘Flexible’ on Fiduciary Rule, Perez Says
“We are very flexible in how to get this [fiduciary rulemaking] done,” Labor Secretary Perez told a Senate panel. “We haven’t made any decisions yet.”
DIY Investors Are Missing Out: Northwestern Mutual
Two-thirds of Americans in a survey lack financial advice, often because they think they can't afford it, Northwestern Mutual says.
How Alicia Munnell Messed Up, and Then Saved, Her Retirement
The Boston College economist and prominent retirement researcher made some surprising financial mistakes. Here's how she recovered.
Pension De-risking Now Has IMF’s Attention
The trend of de-risking corporate pension plans calls into question the viability of the insurance companies that assume the obligations, an IMF report says.
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.
5 Ways Advisors Can Win Affluent Millennials’ Affection: LinkedIn
A new study from LinkedIn examines what affluent millennials are looking for in a financial advisor.
10 Keys to a Robust Retirement System
There's no perfect retirement regime, but these objectives will help maximize savings for the most people.
U.S. Investors Prefer Active Management to Navigate Volatility: MFS
Nearly three-quarters of U.S. professional investors look to active managers for capital protection.
Sticker Shock: 71% of Parents Say College Is Too Costly
“College is absolutely necessary but at the same time unaffordable,” says Brian Schwartz, an HSBC financial advisor.
Affluent Investors Prefer Human Advisors—With a Catch: Wells Fargo Survey
Advisors "need to look for ways to have technology complement and augment their relationships with clients," says Joseph Nadreu of Wells Fargo.