By Robert Skidelsky
Helicopter money comes in two forms: The government could issue each voter or citizen with a smart card worth, say, $1,000. Or helicopter money could be used to finance infrastructure spending, writes our guest columnist, a biographer of J.M Keynes.
By Kerry Pechter
In this week's opinion piece: The possibility that the DOL rule will extend to taxable accounts; Vanguard's formula for calculating a safe withdrawal rate; thoughts on recent news coverage of Wells Fargo and BlackRock.
By Kerry Pechter
'If you’re trying to get things right, our aim is to help you, and that will be true for some time after December 2017,' said attorney Tim Hauser of the Labor Department regarding enforcement of the DOL's fiduciary rule. Illustration by Stephen Younts.
By Editorial Staff
The survey is necessary to establish industry compensation benchmarks because the DOL didn’t define “reasonable” compensation except to say that it should follow 'a market based standard,' the Insured Retirement Institute said.
By Editorial Staff
Earlier this year, MassMutual and ERS, Envestnet's registered investment advisor, added '3(21)' service to their Fiduciary Assure program. Now they're adding a '3(38)' service.
By Editorial Staff
'A complete understanding of the household's requirements and resources is necessary to apply a fiduciary standard effectively in both the accumulation and disbursement phases,' according to MacroMonitor, a publication of Strategic Business Insights.
By Editorial Staff
Passive U.S. equity funds persisted in attracting investor money, with an estimated inflow of $16.4 billion in August, but it was only about half of July's $33.8 billion intake.
