Three Lessons Learned
By my late 20s, life had taught me a few homely but memorable lessons about leadership, entrepreneurship, and cross-cultural relations.
View ArticleThis Couple Needs Your Advice
These two people, ages 64 and 63, have a combined net worth of about $2.5 million. They're looking for ways to generate income in retirement. Here are some specifics about their finances. What would...
View ArticleA target date fund for RMDs, from Fidelity
Investors in Simplicity RMD Funds can set up distributions through Fidelity’s automatic withdrawals service. Fidelity calculates and distributes the investor’s RMD each year.
View ArticlePolitical turmoil sidelines UK pension reform
'If you’re under 40 your income has been eroding and your ability to grow wealth assets is almost non-existent,' said one official. 'The parties’ promises need to catch up with that.'
View ArticleHonorable Mention
Brief or late-breaking items from TIAA, Transamerica, Milliman and the Investment Company Insitute.
View ArticleDon’t cut Medicaid, say Ivy League doctors
The Medicaid cuts envisioned under the ACHA and the Trump budget would cause widespread harm, three health care experts wrote in the New York Times this week.
View ArticleIn fiduciary suit, Northrop Grumman settles with participants for $16.75...
The settlement does not cover claims raised in Marshall v. Northrop Grumman Corp., a second case against Northrop filed by Schlichter, Bogard & Denton on September 9, 2016.
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 ArticleComplex Annuities for a Complex Era
Indexed variable annuities (IVAs) offer a potential solution for paralyzed clients—perhaps for those who feel baffled by a market where both bond and stock prices are at all-time highs. Allianz Life...
View ArticleMorningstar Enters the Indexed Age
Just in time for the activation of the DOL fiduciary rule, Morningstar has expanded its Annuity Intelligence resources to include indexed and fixed annuities.
View ArticleThis Couple Needs Your Advice
These two people, ages 64 and 63, have a combined net worth of about $2.5 million. They're looking for ways to generate income in retirement. Here are some specifics about their finances. What would...
View ArticleWhat Keeps Equities Aloft: Grantham
Low rates, high leverage, monopoly power, global brands and a friendly Supreme Court have all helped sustain corporate profits and keep P/E ratios high, writes the famous value investor.
View ArticleThe Tell-Tale Brokerage Statement
Judging by what I saw (and didn't see) in a friend's brokerage IRA statement, class action lawsuits for breach of the DOL Best Interest Contract might be a lot more common than anybody expects.
View ArticleCloudy with a Chance of Lawsuits
If the fiduciary rule and its Best Interest Contract Exemption are here to stay, will they trigger a wave of lawsuits against advisory firms? No one seems to know for sure.
View ArticleHonorable Mention: Cimini goes to Voya, 'smart beta' coming to TDFs, and more
Brief or late-breaking items from Voya, Cerulli Associates, Financial Engines, and Nestle.
View ArticleWealthfront angles for upmarket clients
The robo-advice firm has launched Advanced Indexing, a service that holds individual stocks to reduce costs and enhance 'tax-loss harvesting.' There are two levels of service, for clients with at...
View ArticleMost advisors still many megabytes shy of a digital practice, says Fidelity...
Only 40% of advisors are tech-savvy, according to the Fidelity 2016 eAdvisor Study sponsored by Fidelity Clearing & Custody Solutions (FCCS), a unit of Fidelity Investments.
View ArticleResearch supports investing Social Security funds in equities
“Investing a portion (a maximum of 40%) of Social Security trust fund assets in equities would reduce the need for greater payroll tax contributions or benefit reductions,” said a new issue brief from...
View ArticleReminder: Solve our retirement income case
Last week we presented the case of a couple, ages 64 and 63, with over $1 million in investable assets but no clue as to how to generate retirement income from it. (See 'This Couple Needs Your Advice'...
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