A failure to agree on whether or not there's 'government money' in tax-deferred savings accounts has complicated our debates over the DOL fiduciary rule, the need for a harmonized fiduciary standard, and the so-called Rothification of 401(k) plans.
With public and private debt so high across the developed world, International Economy magazine asked a group of economists, including this RIJ guest columnist: “Has the world been fitted with a debt straitjacket?” Here’s his response.
The market value of a single Bitcoin rose more than 1,000% in dollar terms in the past 12 months, to $8,263 from $748, according to Coindesk.
Five firms 'are carving out a distinct advantage within the target date funds and retirement income categories,' said Sonia Sharigian, author of a new Cogents Report, Retirement Plan Advisor Trends.
A short note from RIJ... It focuses on gratitude but also includes a hint of changes we plan for 2018.
'Despite the unfavorable market conditions for annuity sales, I still anticipate that fourth quarter will be strong,' said Sheryl J. Moore of Wink, Inc., which tracks fixed annuity sales. 'The fourth quarter is always robust .'
Only 1.6% of DC plan participants stopped contributing during the first half of 2017, according to a new report from the Investment Company Institute.
The Fidelity-owned advisory software firm announced new integrations with Charles Schwab, Envestnet and Box.