The Fiduciary Rule Delay and Legal Exposure: One Law Firm’s Opinion
This bulletin, written by attorneys at the DrinkerBiddle law firm, interprets the DOL's latest Field Assistance Bulletin regarding the likely delay in the applicability date of the fiduciary rule.
View ArticleAs expected, Fed nudges target rate higher
'In view of realized and expected labor market conditions and inflation, the [Federal Open Market] Committee decided to raise the target range for the federal funds rate to 0.75% to 1%,' said a March...
View ArticleFinancial / Retirement Planning Software Directory
See the detail on financial planning software including vendors, scopes, costs, and contacts.
View ArticleSocial Security Maximizer
The Social Security Maximizer is an integral tool for a retirement planner's comprehensive financial planning calculations.
View ArticleNo Quick End to Fiduciary Rule Story
The DOL wants your comments again. It wants to know how much companies have spent on adapting to the rule, and whether it would be cheaper to abandon the sunk costs. Or maybe it's all a charade,...
View ArticleThe Best of Recent Economic Research
The six academic papers cited here identify several points where, even when we don’t realize it, macroeconomics and personal finance intersect.
View ArticleFIA Yields That Clients May Never See
The new no-commission indexed annuities, a response to the now-endangered Obama fiduciary rule, could be much richer for clients than commissioned products. But advisor fees are likely to consume the...
View ArticleSavings Pros Meet in City of Big Spenders
At the NAPA 401k Summit in Las Vegas this week, nearly 2,000 plan sponsor advisors et al worried about policy threats to their industry. At nearby slots and gaming tables, middle-class Americans...
View ArticleT. Rowe Price launches its version of a hybrid robo-advisory solution
IRA investors can get a model portfolio of actively managed T. Rowe Price funds, digital services and access to a live phone rep. All costs are built into the expense ratios of the funds.
View ArticleFixed Annuities Outsold Variable in 2016: LIMRA SRI
The final quarter of 2016 was a bloodbath. Fixed annuity sales fell 13% to $25.7 billion, after strong results in the first three quarters. Variable annuity sales totaled $25.3 billion, down 20% from...
View ArticleGetting Basic Income Right
'The challenge now—for the developed economies, at least—is to develop stronger and more streamlined social‐solidarity systems, create room for more individual choice in the use of benefits, and make...
View ArticleAssets flowed to fixed income and passive equity funds in February
U.S. equity has been in positive-flow territory for four consecutive months, a feat not witnessed since late 2014, according to Morningstar's fund asset flow report for February.
View ArticleRetirees confident about retirement; workers not so much: EBRI
“Debt, lack of a retirement plan at work, and low savings,” are the three main contributors to low retirement confidence, said Craig Copeland, EBRI senior research associate and co-author of the report.
View ArticleFor many, marriage and lack of debt define ‘middle class’: LIMRA study
Oddly, 81% of the upper class, as defined by Pew Research, describe themselves as middle class, according to a survey by LIMRA and Maddock Douglas.
View ArticleFinancial / Retirement Planning Software Directory
See the detail on financial planning software including vendors, scopes, costs, and contacts.
View ArticleSocial Security Maximizer
The Social Security Maximizer is an integral tool for a retirement planner's comprehensive financial planning calculations.
View ArticleThe Best of Recent Economic Research
The six academic papers cited here identify several points where, even when we don’t realize it, macroeconomics and personal finance intersect.
View ArticleFIA Yields That Clients May Never See
The new no-commission indexed annuities, a response to the now-endangered Obama fiduciary rule, could be much richer for clients than commissioned products. But advisor fees are likely to consume the...
View ArticleSavings Pros Meet in City of Big Spenders
At the NAPA 401k Summit in Las Vegas this week, nearly 2,000 plan sponsor advisors et al worried about policy threats to their industry. At nearby slots and gaming tables, middle-class Americans...
View ArticleLeaks in the Bucket Method
After reading Wade Pfau's new article on bucketing, I concluded that bucketing has three flaws as a retirement income generator. It calls for equities in the last bucket, not longevity annuities;...
View Article