Be on the lookout for more firms to offer income solutions that don’t require investors to sell assets at a large cost
Kerry Wills also accepted $19,500 in luxury travel gifts he didn’t disclose
But that could change under a new proposal that would scrap the current system, which taxes estates, and instead require heirs to pay income tax on the money they receive
Retirement plan participants who traded in their accounts in 2019 largely moved out of stock funds and into fixed income
Banks and insurers could be early movers, and there will be opportunities for advisers to scale their businesses
Its new guaranteed-income annuity is the first to invest solely in target-date funds
Accounts will offer TIAA and Nuveen mutual funds
Well-being at a peak, says AICPA, but Schroders sees fears of outliving money
Survey also finds 80% of clients concerned about safeguarding their estates
More than half of millennials and Gen Xers haven’t started retirement planning
Legislation impacting financial advisers tries to get traction amid impeachment, election
A one-time income hike triggers a temporary high-income surcharge
The SECURE Act’s pooled employer plans provision will create a new market for investment advisory services
And why it’s not happening
RIAs should be prepared to provide extra guidance
Regulator says flawed communications left plan participants in dark about investment costs
Experts: Recent Delaware settlement a sign of things to come
Tax season is a lucrative time for ID thieves
Research shows that when employers match 401(k) plan contributions, more people participate
The lawsuit claims plan managers didn’t do enough to protect employees from stock losses
