Displaying 201 results
Mutual funds, ETFs are taking a smaller bite out of returns as expense ratios fall
2023 continued a long-term trend of decreasing expense ratios.
New research highlights importance of IRAs in retirement planning
More than four in ten US households have IRAs, according to an Investment Company Institute report.
Senators introduce bill promoting e-delivery of investment documents
The bipartisan legislation to encourage electronic delivery is broadly welcomed but advisor expresses reservations.
Gen Z zooming past older generations in saving for retirement
Data on DC plans and IRAs show young families are accumulating retirement assets faster than ever.
Trying to halt the SEC
A wide range of financial industry groups are urging the agency to withdraw its most controversial proposals, but even the most reviled likely will avoid major changes.
SEC expands rule to ensure fund portfolios match their names
The final regulation targets 'greenwashing' but strips out what would have been 'a more onerous' ESG provision, a lawyer says.
401(k)s a better recruiting tool than cash, study says
New research found workers are willing to give up some income for access to a 401(k) and employer contributions.
Bounce in stocks boosts retirement assets in Q1
Funds held in individual retirement accounts totaled $12.5 trillion at the end of the first quarter, an increase of 4.3% from the end of 2022.
Democratization of markets doesn’t mean all investors should vote for private placements
Investor harm is occurring among so-called sophisticated investors, and strong guardrails must be put in place if access to unregistered securities becomes easier for retail investors.
Debt-limit concerns push money market funds to fresh record
About $46.7 billion poured into US money market funds in the week ended Wednesday as investors piled into assets offering relatively safer returns amid the uncertainty around talks on extending the US debt limit.
Gensler forcefully defends mutual fund reform to skeptical industry audience
The SEC chair drew the ire of fund officials when he suggested that the agency looks out for investors while the industry looks out for itself.
Vanguard CEO Buckley tiptoes around ESG, embraces AI
'ESG funds are not the next great innovation,’ Tim Buckley said at an Investment Company Institute conference. 'They’re a client preference, and we need to treat it as such.'
Advisor, industry groups blast SEC custody proposal
Trade groups question a provision in the proposal that would deem advisors with discretionary authority over client accounts to have control of the assets.
Gary Gensler has his game face on
With cheerleaders on the left and critics on the right, the chair of the Securities and Exchange Commission stays focused on what matters.
Industry groups question justification, cost of SEC trading-execution reforms
Critics say proposals that target payment for order flow try to do too much, too fast, and conflict with rules in place that are working.
Industry, investor advocates oppose key parts of SEC mutual fund reform
The SEC has proposed using swing pricing and a hard close for share purchases to protect investors during market meltdowns. Critics warn changes could ruin mutual funds.
Legislation lets funds delay redemptions if transfer involves senior abuse
The bill sails through House, 419-0, on a fast track. Its author, Rep. Ann Wagner, R-Mo., hopes the Senate acts this time around.
Industry groups get creative to gain political influence
The FPA used Jan. 6 to rethink its approach. Other associations use various methods to be heard.
‘ESG integration’ a sticking point in SEC proposals
In comment letters, fund companies and industry groups ask for more clarity from the regulator.
BlackRock says SEC proposal on ESG disclosures will backfire
The asset manager said requiring new disclosures for funds that just consider ESG criteria among many other factors could muddle the situation.
