Citizens Financial to Start Robo-Advisory Platform With SigFig
The Royal Bank of Scotland is partnering with SigFig to launch a robo-advisor platform next year.
9 Retirement Moves Other Countries Get Right
While the U.S. faces a retirement crisis in coming years, some countries are not. Here are 9 things they're doing differently.
FINRA Fines VALIC $1.75M Over Comp Policies, VA Sales
For three years, reps had incentives to move assets into proprietary products and were not adequately supervised, the regulator says.
The Blue State Plan to Fix Retirement
California, Oregon, Illinois, Maryland and Connecticut want more workers to have the chance to save for retirement at work.
Meir Statman: What ‘Normal People’ Really Want From Advisors
Professor Statman talks about next-gen behavioral finance, how to manage clients’ well-being and why annuities can “emit the smell of death.”
Wells Fargo Pushes to Settle Claims Over Fake Accounts via Arbitration
Customers are suing the bank for millions plus punitive damages.
Fed Officials Expect to Raise Rates in December
Fed officials see a strengthening case to raise rates as the labor market tightened, according to their November meeting minutes.
Top 10 Firms Fee-Based Advisors Are Most Loyal To: Cogent Reports
Mutual fund firms with strongest advisor loyalty are “much less likely to be dropped.”
New Regs Encourage Split Annuity Pension Option
IRS rules change the traditional decision-making process for clients on whether to accept a lump sum from a pension plan or an annuity.
How Employers Can Help Solve the Retirement Savings Problem
Employers need to increase incentives and ease-of-use for employees to participate in work-based retirement savings plans.