ICI: Too-Big-to-Fail Label Would Hurt Mutual Fund Investors
BlackRock, Fidelity and other U.S. mutual fund companies are pushing back against claims that some firms may be too big to fail.
Obama’s 2015 Budget Riles Up Retirement Industry
Industry officials are bristling over the proposal to limit retirement plan contributions.
After MyRA Unveiling, Obama Still Gets Mixed Reviews on Retirement
Attempt to widen retirement account access gets praise, but Obama draws fire for saying savings incentives in the tax code neglect the middle class.
FINRA’s Hot-Button Exam Issues for 2014
In its annual list of hot exam items, FINRA warned broker-dealers that it would be zeroing in on a host of areas this year.
What Goes Up Comes Down: 2013 Sets Record for Bond Fund Outflows
TrimTabs says 2013 outflows of $70.7 billion YTD have already surpassed 1994’s record, but OppenheimerFunds' Memani sees opportunities in fixed income.
Don’t Break Our Thriving 401(k) System, Groups Urge Government
Wharton’s Olivia Mitchell weighs in on a study by three benefits groups calling 401(k)s a success and telling tax reformers to stay away.
IRA Owners Staying on Top of Retirement Planning
A report by ICI says IRA owners are likely to adopt other complex planning and savings behaviors like determining when to take Social Security.
ETF Assets Jump More Than 30% Over Past Year to $1.6 Trillion
The great majority of those assets were in domestic equity funds; mutual fund assets grow at much slower pace.
Rollovers From Employer-Sponsored Plans Fueling IRA Growth: ICI
Nearly half of traditional IRA-owning households in the U.S. say their IRAs contain rollovers from employer-sponsored retirement plans, according to ICI.
Americans to Congress: Hands Off Our Retirement Accounts
A survey released by the Coalition to Protect Retirement found 87% of Americans think retirement accounts should be “off limits” to Congress.