Premium Increases Expected for Long-Term Care Insurance
Longer life spans and medical issues leave policyholders facing huge hikes.
What Should 401(k)s Cost? What Do They Cost?
As DOL prepares its fiduciary reproposal, a Yale professor’s letter has shifted the conversation to “Why are 401(k) plans overcharging participants?” It’s the kind of publicity politicians can’t ignore.
7 Big Mistakes to Avoid in Stock Dividend Investing
Oh sure, everybody loves dividends these days as yields remain low and investors look to dividend-paying stocks for income. But there's a catch. Seven catches, in fact.
Time to Exit Market, Warn El-Erian, Rosenberg, Kotlikoff
PIMCO CEO Mohamed El-Erian is one of many prominent names voicing a deep skepticism of the stock market, suggesting the time to exit risky assets is at hand.
Kill Your 401(k), Conservative Author Says
Duncan Black, a conservative author, says government confiscation of 401(k)s may loom, while a liberal blogger says 401(k)s are "a disaster," calling for fatter Social Security checks.
New Hire Roundup: Aberdeen Adds NYC Office
This week in new hires, MFS Investment Management welcomed Philip Stewart and promoted David Bryant; Leslie Voth was named CEO at Pitcairn; and Michael Millman joined U.S. Bank’s Private Client Reserve in San Francisco.
3 Reasons Obama Will Capture Independents’ Vote: Andy Friedman
Andy Friedman of the Washington Update says in his commentary that independent voters will likely tilt the election to Obama, and that the election won't immediately resolve the uncertainty surrounding the fiscal cliff.
‘Where Did My $35,000 Go?’— Advisors Face Identity Fraud Risk
Thieves are starting to reach out to their victim’s financial advisor and request a wire transfer of thousands of dollars, says Jean Chatzky in a “This Week in Your Wallet” column.
Older Americans Look Forward to Aging, but Aren’t Prepared
People 60 and older are upbeat but uncertain about aging, a survey released Wednesday by The National Council on Aging and UnitedHealthcare found.
It’s Graduation Season. Are You Missing a Key Differentiator?
The wise advisor will take advantage of this teachable season by reaching out to clients with tips on last-minute college funding.