Louisville, KY and Columbus, OH — May 9, 2017 — Jefferson National, operating as Nationwide’s advisory solutions business, has launched a…
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An extended period of low interest rates has put pressure on the 4 percent rule as well, as retirement income portfolios find it difficult to eke out gains without taking on more risk.
Washington, D.C., May 8, 2017 – NAFA, the National Association for Fixed Annuities, released the following statement today from its…
PIERRE| Investors in mutual funds face new requirements in South Dakota, and some lawyers in the securities industry don’t like them. Those lawyers argue that investors could find their money has been moved, without the investors’ knowledge, into the hands of South Dakota’s state treasurer, Rich Sattgast. Specifically, the unclaimed-property division of his…
–Millennials are much more likely to make risky investment decisions compared to other Americans by reacting to short-term market volatility yet they are less likely to rely on professional financial advice, according to new research from Massachusetts Mutual Life Insurance Co.. “MassMutual’s research finds a real’ advice gap’ exists between younger…
More Americans age 65 and over are still punching the clock, and the last time the percentage was this high was when John F. Kennedy was in the White House. Last month, 19 percent of Americans age 65 and over were still working, according to government data released Friday. More than a quarter of workers age 55 or older say they have less than $10,000 in savings and…
In December of 2015, the New Hampshire Bureau of Securities Regulation entered into a Consent Order with LPL Financial, LLC, a broker-dealer based in Boston, Massachusetts, related to the sale of non-traded Real Estate Investment Trusts to New Hampshire residents. Pursuant to this Consent Order, in addition to monetary penalties and other relief, LPL was…
May 04– The Republican-led Senate approved legislation Wednesday to end an Obama administration policy that encouraged state-sponsored retirement savings programs, a move that could undermine a bipartisan effort in Maryland to offer retirement accounts to workers who don’t have them. Maryland is one of five states that will soon allow businesses that…
Merging the roboadvice model with real-world financial advisor analysis gives investors the best bang for the buck, analysts say.
Experiencing a financial shock can wipe out even a client who is prepared for emergencies. Advisors need to help clients get realistic about spending and saving.
WINDSOR, Conn., PRNewswire/ — A new consumer survey by Voya Financial’s Annuities and Individual Life businesses revealed that many Americans…
Annuities are the perfect compliment to Social Security to provide Americans with income that cannot outlive, notes our Kim O’Brien. So why in the Department of Labor trying to squash the products?
BRYN MAWR, Pa., May 2, 2017/ PRNewswire-USNewswire/– Three in four retirement-age Americans fail a quiz on how to make their nest eggs last throughout retirement. These findings are part of the new RICP ® Retirement Income Literacy Survey from The American College of Financial Services– the most comprehensive survey exploring the drawdown phase of Americans’…
WINDSOR, Conn. — A new LIMRA Secure Retirement Institute study finds 43 percent of U.S. pre-retirees (ages 50-75) who work…
Performance analysis is not only crucial in the investment process but increasingly critical for solid client communications, a new report finds.
