The decision follows a similar one by Prudential Financial to stop selling variable annuities with living benefits, amid extremely low interest rates
Advisers don't like it when REIT valuations bounce all over the place
More than half of advisers say they expect to increase usage, according to a new survey by Broadridge Financial
Net flows for the asset manager slowed in 2020 as rivals continued to roll out similar products and amid the rise of robo advice and almost-free trades
While the majority of plans don't include such options, employers have become more receptive to financial wellness, according to new research
The Chair of the House Financial Services Committee also targeted rules surrounding opening up private markets
As more commission-free products come to market, RIA firms are beginning to provide insurance solutions to clients
Health care is the top financial concern, survey reveals; 32% worry about unemployment
New rules that made launches easier and the SEC's approval of nontransparent funds have inspired 14 new firms to enter the market this year
The all-in-one products could also eventually include private equity, Cerulli Associates found
Equity ETFs attracted a record $81 billion as stocks rallied in November
Bitcoin shot to a record just as billions of dollars have fled gold, renewing arguments about whether the digital currency can rival gold as an inflation hedge
Sen. Richard Neal, D-Mass., criticized the measure for not including an assumption that 401(k) balances appreciate
Gains reflect hopes that vaccines and a peaceful presidential transition could give the economy a boost
The strong equity performance so far this month means large investors like balanced mutual funds may need to shift money into bonds before year-end
Delaware Wilshire Private Markets Fund has $25,000 minimum
The new platform will be seeded with six funds managing $167 billion in a effort to manage capacity issues
But total annuity sales year-to-date are off 13% from 2019
In addition to three new ETFs, Dimensional Fund Advisors will convert six mutual funds
Terms like 'mutual fund' and 'passive investing' are misunderstood, and those who can't define them are less likely to invest and save for retirement, according to a new report
