TIAA will offer a health savings account to its institutional retirement plan clients to help their participants prepare for health care expenses now and in retirement. The account will be administered by HealthEquity Inc. and will be available in the first quarter to all institutional clients that offer employees a high-deductible health plan, TIAA said in a release.
The TIAA HSA will include TIAA-CREF and Nuveen mutual fund investments, and will offer participants comprehensive tools and education resources, including a plan comparison tool, an HSA contribution calculator, and a future balance calculator.
[Recommended video: 2020 adviser outlook: Focus on managing client expectations]
A new proposal could end the ban on promoting client reviews in states like California and Connecticut, giving state-registered advisors a level playing field with their SEC-registered peers.
Morningstar research data show improved retirement trajectories for self-directors and allocators placed in managed accounts.
Some in the industry say that more UBS financial advisors this year will be heading for the exits.
The Wall Street giant has blasted data middlemen as digital freeloaders, but tech firms and consumer advocates are pushing back.
Research reveals a 4% year-on-year increase in expenses that one in five Americans, including one-quarter of Gen Xers, say they have not planned for.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
