LOGIN
Subscribe

Advisers needed as Congress paves the way for selling low

overturned jar labeled retirement money

Unless clients are in dire circumstances, tapping retirement assets now is a losing strategy

As if financial planning in a COVID-19 world wasn’t difficult enough, Congress has decided to grease the skids for investment declines by opening the doors to withdrawals from qualified retirement savings plans.

This is not to suggest that the global pandemic doesn’t represent a serious threa

Subscribe or log in to read the rest of this content.

Related Topics: ,

Learn more about reprints and licensing for this article.

Recent Articles by Author

Are AUM fees heading toward extinction?

Are AUM fees heading toward extinction?

The asset-based model is the default setting for many firms, but more creative thinking is needed to attract the next generation of clients.

Advisors tilt toward ETFs, growth stocks and investment-grade bonds: Fidelity

Advisors tilt toward ETFs, growth stocks and investment-grade bonds: Fidelity

Advisors hail traditional benefits of ETFs while trend toward aggressive equity exposure shows how 'soft landing has replaced recession.'

Chasing retirement plan prospects with a minority business owner connection

Chasing retirement plan prospects with a minority business owner connection

Martin Smith blends his advisory niche with an old-school method of rolling up his sleeves and making lots of cold calls.

Inflation data fuel markets but economists remain cautious

Inflation data fuel markets but economists remain cautious

PCE inflation data is at its lowest level in two years, but is that enough to stop the Fed from raising interest rates?

Advisors roll with the Fed’s well-telegraphed monetary policy move

Advisors roll with the Fed’s well-telegraphed monetary policy move

The June pause in the rate-hike cycle has introduced the possibility of another pause in September, but most advisors see rates higher for longer.

Latest news

Investors are impatient, they want big earnings

Investors are impatient, they want big earnings

Supreme Court backs CFPB funding, avoiding potential problem for the Fed

How can spending hours scrolling on a phone help achieve financial goals?

Nippon’s $3.8B stake in Corebridge could be just the start

Going for gold? Silver is shining brighter

Jefferies risk manager remembers red flags in Archegos trial

JPMorgan Asset Management launches rare money market fund

InvestmentNews Awards 2024 Excellence Awardees

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print

Subscribe

Get unlimited access to InvestmentNews

Subscribe for just
$19.99 per month.

Subscribe