Mutual Funds Less Popular Among Youngest, Oldest Investors
Demographic data reveals wide divergence in mutual fund ownership levels by generation.
Consumer Confidence Rising Regarding Retirement Plans, But Not For All
The Employee Benefits Research Institute is getting ready to conduct its annual Retirement Confidence Survey, and barring any unforeseen crisis, the 2015 study should show a further slight gain in consumer confidence.
Senate Committee Warming Up to Multiple Employer Retirement Plans for Small and Midsized Employers
In a move that many industry watchers said is long overdue, Congress is turning its attention to a number of issues related to retirement preparedness
SEC Responds to Market Volatility by Ramping Up Bond-Fund Exams
Surging market volatility is making regulators increasingly concerned that bond funds have loaded up on hard-to-sell assets.
SEC Wants Exchange-Traded Funds to Be Easy to Trade
An efficient-markets-fundamentalism model of the SEC is actually pretty good for predicting what the SEC will do. Except about insider trading, I guess.
SEC Rejects Non-Transparent ETFs
The SEC rejected plans by BlackRock and Precidian Investments to open a new type of ETF that wouldn’t disclose holdings daily.
Fidelity Launches Actively Managed, Fixed Income ETFs
Fidelity Investments is expanding its ETF offerings with a suite of actively managed fixed income funds.
New Hire Roundup: Vanguard’s McNabb to Serve Additional Term at ICI
Meanwhile, Dynasty Financial Partners announced a new partnering with Nova Wealth Advisors.
U.S. Retirement Assets Rise to $24 Trillion
Retirement assets, accounting for 36% of all household financial assets in the U.S., rose by 2.8% in the second quarter.
Lots of Testimony, Much Dissent on Retirement Fixes
Senate Finance hears plenty of suggestions (including from John Bogle) for boosting savings, but also that the idea of a retirement crisis is overblown.