By Kerry Pechter
The same plaintiff's attorneys are after Fidelity again--for overcharging its own plan for recordkeeping. The alleged overcharge--about $90 million over five years--amounts to less than 20 basis points (about $300 per participant) per year from the plan.
By Kerry Pechter
The retirement movement needs more focus. There are lots of strong voices, but they're not singing in the same language from the same hymn book at the same time.
By Kerry Pechter
Guardian may have been inspired by the success of Jackson National’s Elite Access variable annuity, which has sold well among advisers who in the past were unlikely to buy variable annuities.
By Kerry Pechter
“One area of intriguing promise is actively managed ETFs, a segment of intense innovation activity for the coming years,” said Ari Nachmany, research director at Strategic Insight.
By Kerry Pechter
Marijuana stock hustles tend to use the same techniques as “pump and dump” stock ploys, says FINRA, which is warning investors about dodgy securities of firms selling the psychoactive herb in states like Colorado, where it is now largely legal.
By Kerry Pechter
The artist/architect Madeline Arakawa Gins believed that houses with unconventional colors and planes could extend the lives of their inhabitants indefinitely.
By Kerry Pechter
Brief or late-breaking items from Voya Financial (ING U.S.), T. Rowe Price, Towers Watson, Symetra, Sun Life and Northwestern Mutual.