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Across all income groups, retirement income from employer-sponsored retirement plans is more prevalent among retirees today than in 1975, when sweeping new retirement plan regulations were enacted, most notably the Employee Retirement Income Security Act, according to a report from the Investment Company Institute.
November 18 -
How are market conditions? Where are things headed? It all depends on who you listen to and whose surveys you trust.
November 18
Employee Benefit News and Employee Benefit Adviser -
While just about every financial services firm is gung ho about social medias potential as a marketing tool, Aite says that few have any cohesive strategy, or any proof itll work.
November 18 -
More people get more retirement money from employer plans today.
November 18 -
Noble will oversee Paulson Wealth Advisors expansion throughout the Pacific Northwest region.
November 18 -
Mark Notkin, portfolio manager of the $12.8 billion Fidelity Capital & Income Fund, the best-performing high-yield fund in the past five years, says the rally in junk bonds is over. His fund has delivered an average of 9.9% a year and is up 14% this year.
November 18 -
Affluent Americans are so concerned about not having enough money on hand for emergency expenses that they are putting their retirement savings at risk by keeping money in low-yielding products, such as savings accounts, CDs and money market funds.
November 18 -
Citi's top consumer banking executive said Wednesday that the company, which has long considered its reach in more than 100 countries to be its primary competitive advantage, has drilled down further to identify 150 major metropolitan areas as priority markets for its retail banking and cards businesses.
November 18 -
The FDIC Chairman discussed her priorities for the rest of her term, and the many bankers who think she is too focused on consumer protection will be surprised to hear her list.
November 18 -
A state regulator fined a Bank of America investment unit for allowing its advisors to mislead clients about bonds related to government sponsored enterprises.
November 17 -
Some employers are not depositing workers retirement or health plan contributions.
November 17 -
Imagine this: An entire generation of investors has accumulated a significant amount of investable cash, but was too apprehensive of the stock market, of advisors, and of the potential costs, to know how to invest the money.That is the scenario that today’s financial advisors are likely facing with Generation X and Generation Y investors, according to MFS Investment Management, a Boston-based money management firm, that released a study on 613 retail investors with $100,000 in household investable assets. Investors under age 46, or those considered Generation X, displayed a much more conservative approach than anticipated, the company said in a study released last Thursday.
November 17 -
Erik Weisman, investment officer and portfolio manager at MFS Investment Management, had one question for journalists gathered at the firm’s 21st annual investment outlook: “Where’s the V?”
November 17 -
Fund executives also dont like the proposed new name marketing and service fees.
November 17 -
CUNAs Salomone and Hunter follow former boss Dowden to Invest.
November 17 -
The mutual fund industry has weighed in through its comment letters on the Securities and Exchange Commission’s plan to rename 12b-1 fees as “marketing and service fees” and capping them at 25 basis points.
November 17 -
The Department of Labor is cracking down on employers who fail to deposit workers’ retirement or health plan contributions but using the money for their own purposes instead.
November 17 -
The ugly truth is that more and more Americans are incurring debt with no plans on paying it back before they pass away.
November 17 -
John Bowman, the acting director of the Office of Thrift Supervision, lashed out Wednesday at the Dodd-Frank Act, arguing it made his agency the scapegoat for the financial crisis and ...
November 17 -
According to government figures, at least 70 percent of people over age 65 will eventually require some form of help with personal care such as dressing or using the bathroom and 40% will need a nursing home. Nursing homes now cost $80,000 a year on average.
November 17






