Margarida Correia
Former associate editorMargarida Correia is a former associate editor of the Employee Benefits Group and of Bank Investment Consultant.
Margarida Correia is a former associate editor of the Employee Benefits Group and of Bank Investment Consultant.
The broker-dealer failed to supervise Infinex registered reps selling annuities and other products to seniors and other investors at local banks.
More small companies would be encouraged to offer retirement savings plans to their employees under a proposed bill.
The bank's wealth management businesses earned $205 million on $720 million in revenue in the second quarter.
Many retirement investors are including target-date funds in their 401(k) plans, but this strategy may not be a smart move.
The rep mismarked 105 trades in five PNC customer accounts as unsolicited when in fact they were solicited, FINRA claimed.
Seniors should have socked away at least 10 times their salary in their retirement accounts by the time they retire to secure their golden years.
“It’s not about us getting to them. It’s about them getting to us,” Daniel Darst, chief marketing officer for People’s United Bank, said of client marketing.
The worry that many clients feel about the possible reduction in their future retirement benefits as a result of Social Security's dwindling trust fund is misplaced, says expert.
The rep cut and pasted or traced the signatures of 16 customers on more than 70 life insurance and annuity replacement forms and other documents.
Retirement investors should ensure that their portfolios can withstand rising interest rates, inflation and recessions.