The deal for Bank of New York Mellon's European credit and debt subsidiary expands Franklin Templeton's access to alternative investments.
But it says that Part B premiums are likely to fall in 2023 as a result of cost savings on Aduhelm, a drug to treat Alzheimer's.
The measure will provide part of the foundation for the Senate companion bill to SECURE 2.0, which the House approved in March.
Fitch Ratings noted that the rating affirmation reflected Advisor Group's "improving scale as one of the largest independent financial advisers in the U.S."
Increases are one and four basis points; cuts are two basis points. The changes were made to funds with fiscal years ending January 2022.
The company will rename the product line with the funds switching to underlying investments in Putnam ETFs that follow ESG criteria.
Eric Satz, founder and CEO of Alto, says investors need to add alternatives to their retirement accounts, especially in the wake of the market’s carnage.
Russia funds yielding between 300% and 3,000% represent the ultimate value trap. A better bet would be funds offering much lower yields.
The minutes confirmed support by most officials to continue such increases over at least their next two gatherings.
The firm's staff encouraged Ameriprise registered reps to offer clients the chance to swap their current variable annuity for a more expensive one.
Only 40% of hedge funds globally made money in the first quarter, compared with 61% in the previous three months.
As digital assets sell off, some crypto industry leaders are realizing that government rules aren't such an evil thing after all.
In its annual audited financial statement, Emerson Equity reported that problems related to an unnamed offering potentially could harm the firm.
Financial advisers scramble to keep clients on track as markets drive lower, inflation climbs and an economic slowdown seems unavoidable.
The Fed’s hawkish-at-all-costs posture, the chaos in supply chains and intensifying threats to the business cycle are all undermining confidence.
Two filings show that Parametric is moving beyond its current focus on separate accounts and direct indexing to subadvise strategies for Innovator ETFs.
RIA Lab session looks at the insurance industry's evolution toward providing custodial-like relationships with advisers.
Software helps advisers incorporate clients' Medicare expenses into their retirement plans.
DOL acting assistant secretary Ali Khawar isn't reassured by the consumer safeguards included in Fidelity's Bitcoin offering for retirement plans.
Mohamed El-Erian and Niall Ferguson are seeing echoes of the 1970s in today's market. Will the '70s strategies work in the 2020s?
