10 Scary Retirement Stats
These 10 stats could motivate just about anyone to make retirement planning a priority.
Boomers Drive IRA Rollover Surge, Advisors Lead Pack as Recipients: Cerulli
Aging Baby Boomers who consolidate their accounts will push asset growth to $12 trillion by 2020 and advisors, so far, are getting most of it.
Don Trone Blasts DOL Fiduciary Plan: Still Wouldn’t Stop Madoff
DOL’s fiduciary plan “does not define a fiduciary standard, just punitive rules,' argues “Father of Fiduciary.”
4 Signs American Consumer Is Fine, and Poised to Spend More
If the Fed is looking at these four numbers, a September rate hike is more likely--as is continued economic growth in the U.S.
DOL Fiduciary Proposal Must Be Broader: Bobby Monks
“Broken” U.S. financial system filled with intermediaries whose fees leave investors poorer.
DOL Fiduciary Plan Needs Rollover Exemption: Retirement Experts
Lawmakers and ARA say a new exemption is needed so plan advisors won’t be prohibited from helping participants with rollovers.
5 Trends Impacting LPL’s Results & IBD Space
The independent broker-dealer sees M&As, fiduciary matters and lower sales of alternative products ahead.
Ken Fisher’s 401(k) Unit Says DOL Fiduciary Plan Limits Investment Advice
Small plans could be hurt; DOL must also “make clear” some marketing activities are not fiduciary activity, Fisher unit said in comment letter.
DOL Tackles Key Fiduciary Plan Proposals at Hearings
First round of DOL hearings prompts discussions on Best Interest Contract Exemption, mandatory arbitration as well as whether the proposed plan would spur lawsuits.
U.S. Raise Long-Term Care Insurance Rates for Government Workers
The increases for new enrollees apply across all plan options in the country's largest LTCI program, but some coverage is expanding.