Practice

A recent paper by the Center for Retirement Research at Boston College suggests that in terms of actually being able to maintain one’s lifestyle in retirement, compared to other factors, the focus on asset allocation is largely misplaced.

Putnam Advisory, a unit of Boston-based Putnam Investments, was charged yesterday by Massachusetts state regulators with deceiving investors who purchased about $3 billion in mortgage-related securities created and sold by Putnam several years ago.

A little more than two years after the Dodd-Frank Wall Street reform bill was signed into law, a prominent Washington think tank has convened a broad range of policy experts to examine the law, to the extent that it has been implemented, and produce a substantive set of recommendations for lawmakers to consider as they mull updates to improve the financial regulatory landscape.

In spite of Medicare’s almost constant presence in the news recently, most U.S. investors still grossly underestimate how much they will need to save to cover the costs of healthcare in retirement, it emerged in a webcast last night from Wells Fargo’s retirement group.

Kevin Keller, the CEO of the CFP Board, expain how enforcement has changed since he took the helm at the company and he looks ahead at the future of the group.

Think target-date funds are the default choice du jour for define contribution plan sponsors? Think again.

Kevin Keller, the CEO of the CFP Board, discusses what it will take to attract advisors to become CFPs and dispels some of the biggest myths and misconceptions about the credentials.

The system now provides financial advisors with access to tax tools, account details and trading information.

Ask a room full of financial advisors if they have thought about business planning, and most will say yes. Ask that same group of advisors if they have actually taken the time to create a written business plan and more importantly, follow it, and the majority of that room will most likely say no.

A new finding by Invesco is sure to make a few exchange-trade fund providers smile.