LPL Details New Mutual Fund-Only Accounts
The new accounts deliver “cost benefits of direct business but with the ability to supervise that comes with LPL custody,” the firm says.
TDF Providers Should Offer More Than One Series: Cerulli
Target-date fund providers should offer more than one series of TDFs to meet the myriad needs of DC plan providers, Cerulli says.
SEC Charges Ex-NFL Player With Defrauding Former Coaches, Elderly
The player cheated seniors and coaches, donors, alumni and employees of schools out of $10 million, the SEC said.
Should You Hoard Cash Before the Election?
Gary Shilling suggests cash allocations of 30% to 50%; S&P's Sam Stovall says holding cash makes sense. But there are less dramatic ways to speculate.
Social Security Replacement Rates Fall as Wives Earn More
Although women make up nearly half of the U.S. labor force, Social Security is still designed for single-income couples, according to CRR.
Here’s a Reason Baby Boomers Could Curb U.S. Growth This Decade
Output per capita will take a hit as workers older than 60 make up more of the labor force, according to an NBER study.
Most Consumers Use Mix of Technology, Live Advice: Report
It's easier for small robos to "optimize" client service, but that doesn't mean more traditional firms can't compete, Hearts & Wallets says.
The Post-70 ½ Retirement Plan Contribution Rules
A client may wish to continue contributing to retirement past the age when RMDs begin, but cannot always contribute after reaching age 70 ½.
4 Critical Aging Issues the Next President Must Tackle: Ken Dychtwald
Age Wave founder Ken Dychtwald has some questions for Hillary Clinton and Donald Trump.
Clinton vs. Trump: 2 Wildly Different Tax, Economic Plans
Moody’s economist Mark Zandi analyzes how the candidates’ plans on taxes, trade and immigration would affect the economy.