Thirty-eight percent of participants’ assets were in equities in the second quarter, compared with 31.7% in stable-value options—essentially reversing the 36.3% in stable value and 35.1% in equities in the first quarter.
More than 90% of participants made no changes to their savings rate, and 2.1% actually increased it. Also, only 19% made a change to their asset allocation in the second quarter, versus 25% in the first quarter and 20% in the fourth quarter of 2008.
The insurance products began 2024 in much the same way as 2022 and 2023: with record-breaking sales.
Are clients' savings working for them? How to best guide them on the pros and cons of Roth IRAs and other savings programs.
Financial advisors, tax professionals and their clients get another year to think through potential tax, distribution and trust strategies, according to experts.
The Wall Street giant has been moving away from providing in-house retail investment advice to finding ways it can support smaller firms.
The IRS and the Treasury released final regs on the tax credits, with specific rules for partnerships and S corporations.
Here's how commenters such as the AARP, SIFMA, FSI, the Consumer Federation, NAPFA, the CFP Board and others view the Department of Labor's retirement advice regulation.
