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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
Steve Cohen strikes deal to buy New York Mets
ALTERNATIVES SEP 15, 2020
Steve Cohen strikes deal to buy New York Mets

The billionaire hedge fund manager rooted for the team while growing up on Long Island

By Bloomberg
Retirement advisory firms must adapt or face attrition
OPINION SEP 15, 2020
Retirement advisory firms must adapt or face attrition

National aggregators are forcing independents to act

By Dick Darian
SEC settles with charter-school operator over muni bond offering
FIXED INCOME SEP 14, 2020
SEC settles with charter-school operator over muni bond offering

The agency said Arizona’s Park View School misled investors about its financial condition

By InvestmentNews
Goldman, Deutsche say stock sell-off may be nearing an end
EQUITIES SEP 14, 2020
Goldman, Deutsche say stock sell-off may be nearing an end

The magnitude of the recent slide matches a 'typical' sell-off in the S&P 500 since the financial crisis

By Bloomberg
Closed B-D means more unpaid investor claims
ALTERNATIVES SEP 11, 2020
Closed B-D means more unpaid investor claims

Capital Financial Services is shutting down, leaving clients on the hook

By Bruce Kelly
America’s $20 trillion debt pile is getting cheaper
FIXED INCOME SEP 11, 2020
America’s $20 trillion debt pile is getting cheaper

The U.S. deficit has ballooned in recent months, but the decline in interest rates has cut the cost of servicing the debt

By Bloomberg
401(k)s were considering annuities -- then COVID-19 hit
RETIREMENT PLANNING SEP 10, 2020
401(k)s were considering annuities -- then COVID-19 hit

The pandemic has shifted plan sponsors' priorities, according to a survey from T. Rowe Price

By Emile Hallez
Doubleheader: Nicole Casperson on free robo-platforms and Todd Rosenbluth on semitransparent ETFs
FINTECH SEP 09, 2020
Doubleheader: Nicole Casperson on free robo-platforms and Todd Rosenbluth on semitransparent ETFs

This week’s podcast includes a discussion of the proliferation of free robo-platforms at large financial institutions and a look at the odd evolution of semitransparent ETFs

By InvestmentNews
Congressman wants to slow mutual fund fee litigation
MUTUAL FUNDS SEP 09, 2020
Congressman wants to slow mutual fund fee litigation

Plaintiffs would face a hurdle in filing 36(b) claims against fund providers

By Emile Hallez
People of color feel ready for retirement but may not be, study finds
RETIREMENT PLANNING SEP 09, 2020
People of color feel ready for retirement but may not be, study finds

Allianz says their potential misinterpretation of the situation may put retirement at risk

By InvestmentNews
BlackRock strategists cool on credit
FIXED INCOME SEP 09, 2020
BlackRock strategists cool on credit

The firm's research arm sees investment-bond bonds hampered by frothy valuations and rising interest-rate risk, but are somewhat bullish on junk-rated debt

By Bloomberg