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Medicare 2021 open enrollment begins Oct. 15
RETIREMENT PLANNING SEP 30, 2020
Medicare 2021 open enrollment begins Oct. 15

Retirees may be able to save money by reviewing new options for Medicare Advantage and drug plans for next year

By Mary Beth Franklin
Another financial pro fired after racist insult
LIFE INSURANCE AND ANNUITIES SEP 29, 2020
Another financial pro fired after racist insult

Prudential cuts rep after he allegedly tells a Korean-American social media star to "go back to Wuhan" at a California restaurant

By Bruce Kelly
MacKay Shields names Janelle Woodward president
PRACTICE MANAGEMENT SEP 28, 2020
MacKay Shields names Janelle Woodward president

Woodward joins from BMO Global and succeeds retiring president Lucille Protas

By Jeff Benjamin
Democratic sweep may be best scenario for risk markets: Credit Suisse
EQUITIES SEP 28, 2020
Democratic sweep may be best scenario for risk markets: Credit Suisse

Such a scenario could lead to greater deficit spending that would be 'massively pro-growth,' analysts say

By Bloomberg
Bond market refresh
FIXED INCOME SEP 27, 2020
Bond market refresh

ESG isn’t just for equities anymore, as financial advisers respond to growing demand for a greener fixed-income market

By Jeff Benjamin
Fidelity Magellan launch could boost appeal of semitransparent ETFs
RIA NEWS SEP 25, 2020
Fidelity Magellan launch could boost appeal of semitransparent ETFs

The asset manager is placing the heft of a $22 billion flagship fund behind a fledgling ETF model

By Jeff Benjamin
Employers, workers want much more than 401(k)s from RPAs
RETIREMENT PLANNING SEP 24, 2020
Employers, workers want much more than 401(k)s from RPAs

Companies are five times as likely to say they feel responsible for workers' financial wellbeing than seven years ago, a survey found

By Emile Hallez
BlackRock, Vanguard, Transamerica roll out latest ESG funds
RIA NEWS SEP 24, 2020
BlackRock, Vanguard, Transamerica roll out latest ESG funds

By applying ESG screens, the new funds alter the composition of the traditional indexes

By Jeff Benjamin
The time to look beyond bonds for income is right now
FIXED INCOME SEP 24, 2020
The time to look beyond bonds for income is right now

Savvy advisers are adding value by trimming fixed income and rethinking the 60/40 rule

By Jeff Benjamin
New Schlichter lawsuit targets MEP
RETIREMENT PLANNING SEP 18, 2020
New Schlichter lawsuit targets MEP

The prominent 401(k) litigation firm filed a class-action lawsuit this week against Pentegra Retirement Services

By Emile Hallez
Even Fidelity's star manager frets about Robinhood
MUTUAL FUNDS SEP 18, 2020
Even Fidelity's star manager frets about Robinhood

Will Danoff, who manages $230 billion for the fund giant, notes that mutual funds have become less popular with investors

By Bloomberg
Private fund group lobbies to get products in 401(k)s
RETIREMENT PLANNING SEP 17, 2020
Private fund group lobbies to get products in 401(k)s

The Institute for Portfolio Alternatives says lawmakers are receptive to its diversification pitch

By Mark Schoeff Jr.
PE to fuel insurance industry M&A: Report
ALTERNATIVES SEP 17, 2020
PE to fuel insurance industry M&A: Report

Deals are likely to start happening more often and will be led by private equity, a report from Cerulli Associates suggests

By Emile Hallez
How one 401(k) firm says it is bulking up amid the pandemic
RETIREMENT PLANNING SEP 16, 2020
How one 401(k) firm says it is bulking up amid the pandemic

Human Interest is hiring staff and getting rid of certain fees

By Emile Hallez
Renewed emphasis on health care planning coming, says Cerulli
RETIREMENT PLANNING SEP 16, 2020
Renewed emphasis on health care planning coming, says Cerulli

The HSA business is set to evolve as financial wellness programs proliferate

By InvestmentNews
JPMorgan says $200 billion could exit stocks this quarter
EQUITIES SEP 16, 2020
JPMorgan says $200 billion could exit stocks this quarter

Sovereign wealth funds and pension funds are likely to rebalance their portfolios after the equity market's big run-up

By Bloomberg
Obama-era fiduciary rule cut sales of expensive annuities: Study
LIFE INSURANCE AND ANNUITIES SEP 15, 2020
Obama-era fiduciary rule cut sales of expensive annuities: Study

Even though a federal appeals court vacated the measure in 2018, its impact lives on

By Mark Schoeff Jr.
Sutter Health hit with second lawsuit over $3.7 billion DC plan
RETIREMENT PLANNING SEP 15, 2020
Sutter Health hit with second lawsuit over $3.7 billion DC plan

The class-action cases point to allegedly excessive investment management fees

By Emile Hallez
80% of older workers financially illiterate: Survey
RETIREMENT PLANNING SEP 15, 2020
80% of older workers financially illiterate: Survey

The results show retirement will be an uncertain time for many, according to The American College of Financial Services

By Emile Hallez
Apollo joins other private equity players in impact investing arena
ALTERNATIVES SEP 15, 2020
Apollo joins other private equity players in impact investing arena

Leaders say new platform will incorporate Apollo's secret sauce and will target later stage companies

By Bloomberg