Clients' Universal Life Policies Might Contain a Retirement Planning Boost
By Allison BellMilliman found that about half of new traditional individual universal life policies sold come with long-term care riders.
July 12, 2022
Record-Low Fund Fees Saved Investors $6.9B Last Year: MorningstarU.S. funds' asset-weighted average expense ratio fell to 0.40% in 2021, less than half of what it was in 2001.
July 12, 2022
Married Women Lost Most of Their Retirement Income Edge: StudyMeanwhile, never-married women's expected earnings replacement rate has increased, Alicia Munnell and colleagues say.
July 12, 2022
Single-Stock ETFs Move Closer to Market Despite SEC ConcernsAXS Investments filed paperwork Monday to launch funds holding derivatives tied to the performance of stocks like Tesla and Nvidia.
July 12, 2022
SEC Needs Budget Boost to Enforce Reg BI: IRI to SenatorsThe SEC is seeking an 8% increase in its budget for fiscal year 2023, part of which will go toward oversight of Reg BI compliance.
July 12, 2022
UBS Weighs Elevating Khan to Sole Wealth Management HeadTom Naratil may keep his role as head of UBS's wealth business in the Americas, people with knowledge of the deliberations said.
July 11, 2022
12 Ways Advisors Can Get More Done Every DayDon't let unimportant tasks distract you from what really needs doing.
July 11, 2022
A Roth 401(k) Shift Might Affect Money Managers More Than SaversResearchers say total Rothification would lead to more money saved in taxable accounts instead of 401(k)s.