Workers Favor Stock Market for Retirement Savings: Wells Fargo
A majority of workers feel confident about retirement, but many face lower living standards, Wells Fargo reports.
‘Stan the Annuity Man’ Is Livid About Fixed Indexed Annuities
Stan Haithcock tells ThinkAdvisor why the industry is outraged at him and why fee-based indexed annuities are the “biggest joke of all time.”
Complaints by Student Loan Borrowers Yield Millions in Relief: CFPB
The CFPB's annual report extols the benefits of consumer complaints, which ultimately affect policy.
New HUD Reverse Mortgage Rules Change the Game for Borrowers
HUD recently implemented new rules that may make a reverse mortgage line of credit substantially less attractive to many seniors.
Fee-Based Annuities and the Fiduciary Rule: One Size Doesn’t Fit All
Fee-based annuities are the product for advisors who wish to continue to sell variable and fixed indexed annuity products under the rule.
TD Ameritrade Is Nearly Tripling Its Commission-Free ETF Offerings
The expanded platform includes products from eight ETF providers, such as iShares and State Street.
Why Mutual Funds Are the Most Popular Investment for US Households: ICI
The mutual fund industry trade group reports that almost half of all U.S. households own mutual funds.
5 Takeaways From BofA, Wells Fargo Q3 Earnings
Consumer lending shows cracks on the second day of earnings season; the four largest U.S. banks cut their combined workforce after a pause.
2018 Social Security COLA Is Biggest in Years
The cost-of-living adjustment for next year is the largest since 2012 and will affect more than 69 million Americans.
Trump Names New EBSA Chief to Replace Borzi
If confirmed, Preston Rutledge will be instrumental in shepherding through any change that Labor makes to its fiduciary rule.