Foundations Adjusting to Lower Returns, for Now
Private and community foundations are holding spending steady amid lower returns, but can they live with middling investment performance in the long run?
Vanguard, Fidelity Charitable Name New Execs
Vanguard Charitable has a new CFO, and Fidelity Charitable recently named a new president.
College Endowments Seen Posting Worst Returns Since 2009
Funds with more than $500 million lost 0.73%, Wilshire says; universities set to report fiscal 2016 returns in the fall.
17 Wealthy Families, Individuals Sign Gates-Buffett Giving Pledge
The pledge encourages billionaires to give the majority of their wealth to philanthropic causes.
Fidelity Charitable Wants to Help Advisors Provide Philanthropy Services
The new program provides education and counseling to help advisors incorporate philanthropic planning and sophisticated giving strategies into their service offerings.
Annuities as an RMD Answer: Navigating Potential Pitfalls
There are valid reasons for an annuity-within-an-IRA strategy, but a poorly executed annuity purchase strategy can cause unnecessary expenses.
How to Save Retired Clients Thousands in Medicare Costs
Wealthier clients can save tens of thousands of dollars in Medicare premiums by using savings vehicles that the government doesn't consider in its income calculations.
Fidelity, Schwab, NPT Report Strong Giving From Donor-Advised Funds
Organizations focused on education, cancer research, human services and feeding the hungry were among the main recipients of grants recommended by donors.
Tweaks to Reverse Mortgage Rules Could Reduce Defaults: Boston College
HUD changes implemented in 2013 and 2015 could trim default rates on reverse mortgages, a Boston College study found.
Perez Shrugs Off DOL Fiduciary Rule Lawsuits, Vows Continued Outreach to Industry
“Some folks in the industry want a Best Interest Rule as long as it’s not enforceable,” the Labor secretary said.