Plaintiffs Win Decade-Long Tibble v. Edison Case Over 401(k) Fund Fees
With Wednesday's ruling, "the employees and retirees move one step closer to a final judgment and damages awarded," says plaintiffs' attorney Schlichter.
A Portrait of the Student Loan Borrower: Older, Deeper in Debt, More Likely Delinquent
The student loan debt crisis is worsening in ways that go well beyond the size of the debt, the CFPB reports.
Married Women Need Their Own Financial Plan: Study
The recommendation from the Center for Retirement Research is based on data showing that many women don't stay married.
LPL Buys 4 NPH Broker-Dealers
The $325-million purchase price could rise, depending on how much of the National Planning Holdings advisors' revenue moves to their new parent firm.
Brokerage ‘Kickbacks’ From Exchanges Draw Scrutiny
William Galvin of Massachusetts has sent a letter to Fidelity, Schwab, TD Ameritrade, Edward Jones, Morgan Stanley and E-Trade.
How 20-Somethings Invested Their 401(k)s, Then and Now
The millennials of 2015 and the Gen Xers of 1996 both invested heavily in equities, but the composition of those investments has changed.
Inflation Is Americans’ Top Economic Worry: Allianz Life
The Allianz Life 2017 Inflation Study finds a majority don't have a plan that addresses the rising cost of living in retirement.
Fewer Millennials Thinking About Finances: Navy Federal Credit Union
The credit union surveyed military and civilian millennials and found both groups may be less financially sound than they think.
Saturna Capital Launches Clean Shares for Two Funds: Portfolio Products
Also, Carlson Capital Management adds a low-cost DFA Minnesota muni bond fund to its portfolio lineup.
2 Key Times to Invest in Actively Managed Funds
When should advisors consider investing their client monies in actively managed funds rather than cheaper passive index funds or ETFs?