Gen X, Y Lack Investing Direction
Advisors who have focused their efforts on boomers’ retirement needs should make sure they’re not neglecting Generations X and Y.
DOL Fiduciary Survey ‘Bogus,’ Advocate Warns Lawmakers
Foes of a revised DOL fiduciary rule are using a survey showing a harmful impact to win senators to their side, an industry official says.
The Search for Better 401(k) Advice
The 401(k) system was never really constructed to provide the best retirement savings platform for individuals. But fixing it is a formidable task.
About That DOL Fiduciary Survey ...
A closer look at the Greenwald study of the small-business impact of DOL's fiduciary plan reveals the spin machine at work. Why the scare tactics?
DOL Fiduciary Redraft Would Kill Many Small-Biz Retirement Plans: Survey
Thirty percent of small businesses say it's “at least somewhat likely” they will eliminate employee retirement plans under DOL's proposal, a Greenwald survey found.
Investor Sentiment Improves in Q1, John Hancock Finds
The John Hancock Investor Sentiment Index increased to +23 in the first quarter from +22 in the fourth quarter last year.
EBRI: Workers’ Biggest Concerns Are Job Security, Debt Levels
While only 14% of workers are very confident that they’ll have the money to retire, workers say the more pressing concerns of job security and mounting debt are taking precedence over retirement concerns, according to an EBRI survey.
Boomers plan to live well and die broke
A client recently told my financial advisor that the advisor's job "is to make sure that when I am buried, the check to the mortuary...