Fifth of Boomers, Gen Xers Struggling to Move Forward After 2008 Crisis: Survey
The 2008 market crash continues to haunt a broad swath of Gen Xers and baby boomers particularly one traumatized group Allianz Life has termed “post-crash skeptics.”
Daley to Head Strategic Growth at Raymond James Advisor Division
Daley joins Raymond James’ Investment Advisors Division from Fidelity; Hedtke succeeds Carsten Quitter, who will join Allianz in Italy as chief investment officer.
DOL Fiduciary Rule Out by May 2016: Lawyer
DOL must finalize a rule in the next year in order to implement it before another president takes office, ERISA lawyer Steve Saxon says.
Early Retirement Not Just for the Wealthy
More than a quarter of workers plan to retire before 65, according to data from Allianz. And it’s not just high earners.
For Modern Families, a Tradeoff: Closer Ties for Financial Stress
Financial security is precarious for multigenerational and boomerang families, where adult children live at home, Allianz finds.
For Investors, Guaranteed Retirement Money Trumps Growth
Concern over retirement income far outweighs investors’ interest in portfolio growth.
Financial Abuse Starts With Friends and Family, Not Strangers
Americans think they have a clear idea of where financial abuse against seniors starts, but they are wrong, a survey from Allianz Life found.
Top Portfolio Products: Stock Split, Euro Stoxx ETFs Launched
Plus, 361 Capital files to launch a long/short product, while Schwab adds Direxion, other ETFs to OneSource.
Single Parents Choose College Savings Over Retirement
Single parents face "tremendous pressure" to balance college and retirement savings, Allianz says.
New Hire Roundup: Morgan Stanley Names 3 Wealth Management Chiefs
Dynasty launches Concentus Wealth Advisors; Jeff Thomas joins Nasdaq Private Market.