The Assets: Retirement planning
September 13, 2016Financial Engines to Deliver Advice to the MassesCompany wants to expand its 401(k) offerings for middle-class employees to include overall financial planning.
September 12, 2016Betterment Survey Says 401(k) System Is BrokenConfusion among employees as well as employers about fees, fiduciary duty.
September 6, 2016Are 401(k) suits a red flag for your clients?
Legal action by employees in financial services aren't new, but suits claiming a lack of transparency and fund choices are on an upswing these days. For advisors, can this latest wave of retirement plan complaints be seen as:
An opportunity to help educate clients about the importance of saving for their golden years and build stronger relationships.44% Another blemish on the industry that can only cast financial planning in a darker shadow with American investors.17% Neither positive nor negative. Rather, for a good FA it's just another headline that's more noise than substance.
September 2, 2016Motivating Clients to Put Together a Budget: Just Do ItThe right analogy can help clients take action on crucial aspects of retirement planning, including their budget.
September 2, 2016American Couples Keep Savings Secret from Each OtherLack of communication may leave couples unprepared for retirement.
August 30, 2016State-Run Retirement Plans for Private Sector Workers?
The Obama administration wants to make it easier for states and municipalities to offer retirement savings plans to private sector employees, as several jurisdictions have said they would like to. Do you think that’s a good idea?
Yes. It will make investing more popular and benefit the whole advice industry over time.84% No. Governments are bad at running public-sector programs, and it will put undue pressure on fees.
August 19, 2016Edward Jones Revamps Retirement Offerings for DOL RuleFirm is cutting out mutual funds in commission-based accounts while lowering minimums in others.
August 17, 2016Brokerage Firms Disagree on Impact of DOL RuleRaymond James and LPL warn of rising costs while others predict no material impact.
August 16, 2016Can ETFs Help Clients out of the 401k-Fee Quagmire?
Do you see ETFs as important alternatives to mutual funds in 401(k) plans?
No, they're still not ready for prime time yet as corporate retirement investment vehicles.80% Yes, they're a great low-cost innovation that plenty of DC platforms are using now.
August 15, 2016Advisors Still Wary of Reverse MortgagesNew safeguards lead more FAs to reassess market, but many remain contrarians.