Legislation would extend spousal protections used in pensions to defined-contribution plans.
'Kowach has been laying the groundwork for this since last year,' says one industry source.
New research shows that mental deterioration hits some groups of retirees harder than others.
Next year, more employers will start offering 401(k) matches for workers who don't contribute but are paying down loans.
Survivors can apply for a refund of the deceased person's unused premiums.
Like other technologies in the past, AI is bound to reshape the operations of the financial advice industry.
Survey reveals how people believe they will cope in their senior years, and the gaps that exist.
Firm's funding went toward areas including clean energy, carbon removal and social housing.
More certified financial planners will help more people make better decisions with their money, says advisor.
'When I left Ameriprise earlier this year, the company was just starting to talk about AI,' one financial advisor said.
Company did meet Wall Street’s expectations for earnings per share at $0.46 and CEO says he expects the Data and Analytics business to stabilize in the second half of the year.
The Massachusetts Secretary of the Commonwealth sent letters to firms including JPMorgan and Morgan Stanley to learn how they are using AI with investors.
But LPL Financial, Fidelity back the idea of allowing supervisors to work from home, using technology to oversee reps, as they did during the pandemic.
'If you’re expecting any meaningful legislation to emerge from all the Republicans’ talking points, think again,' says Washington Research Group's John Miller.
Despite the challenging conditions, workers are trying to keep on top of retirement savings.
But demand for futures products, rather than spot ones, is a big question.
Advisors raise a collective, skeptical eyebrow as billionaire goes where many other Silicon Valley companies have already tried and failed.
Client feelings of certainty and happiness are main benefits of adding annuity option to retirement plans, says advisor.
Scams involving members of a group such as a church, known as affinity frauds, pose perils for investors, one attorney notes.
The use of mobile technology is becoming more deeply ingrained in the advisor-client relationship.
