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
Funds built around a theme have taken in more than $20 billion so far this year
American Portfolios, Benjamin Edwards, Royal Alliance, Securities America, Summit Financial to pay
The multi-level marketing company's plan had allegedly excessive fees, according to the complaint
Divided government is what the financial markets want most
In the current interest rate environment, income annuities find themselves in the unique position of being a competitive investment tool
Stocks that have been hit hard by lockdowns, like movie theaters and cruise companies, jumped, while stay-at-home companies plunged
Developing nations' stocks and currencies are already at their highest levels in more than two years, and analysts are predicting additional gains
SECURE Act provisions providing plan fiduciaries with some legal protection, requirements for lifetime income disclosures on 401(k) statements and a volatile stock market all bode well for these products
Income brackets to be adjusted for inflation for high-income retirees next year
Precious metals rallied as Joe Biden advanced in the presidential race
Continued Republican control of the Senate means less likelihood of huge stimulus, but also less chance of tax hikes or more regulation
Chief Executive Jenny Johnson outlined the $1.4 trillion manager's interest in technology and retirement assets at the Spark Forum
High-income surcharges apply regardless of how clients receive Medicare coverage
Investors are looking ahead to a future without massive debt-fueled stimulus spending or a rollback of Trump's tax cuts
A contested election and a Biden presidency with a Republican Senate are both outcomes seen as negative for stocks
The similar cases, against Allstate and Northern Trust, were also brought by the same law firms
