Money and Self-Pressure are the Leading Major Causes of Stress Internationally
No age groups is exempt, though emphasis differs
With the pressure of Christmas shopping already underway, GfK has released findings from a 22-country survey looking at the major causes of stress in people's daily lives. Money, self-pressure and lack of sleep are the top three major causes of stress internationally. read more
Do-It-Yourself Investment Accounts On The Rise
Self-directed investing could double within a decade as Canadians lead the charge
A recent TD survey found that nine in 10 Canadians surveyed who use self-directed investing are happy with their experience, and the number of investors who are managing at least part of their investments directly could double within the next 10 years. read more
Most Americans Say Social Conversations About Money are Taboo
Keeping it neutral
With the holiday season upon us, here's a little advice on what people don't want to hear about over a cup of eggnog: your financial affairs. read more
What Happens If the ACA’s Tax Credits Are Replaced with Premium Support?
They could place financial burdens on low-income and older individuals
by Evan Saltzman and Christine Eibner
Under the Affordable Care Act (ACA), tax credits for purchasing health insurance in the marketplaces are designed to limit enrollees’ premium contributions to a percentage of their income.1 Critics who want to repeal and replace the law have advanced a “premium-support” model, in which tax credits are fixed amounts for enrollees regardless of their premium costs. read more
Are Investors Getting the Biggest Bang for Their Brokerage Buck?
Survey reveals comparison shopping can have a major impact on investors' wallets
People have historically approached investing as an opportunity to make the most of their hard-earned money, yet a Fidelity® Value Survey reveals that while more than four in 10 U.S. investors polled (44 percent) cite low commissions and fees as the primary reason for selecting a brokerage firm, many are unaware of the nuances of how brokerage firms charge for stock and bond trades, potentially forfeiting hundreds, if not thousands, of dollars. read more
Managing Misconceptions About Investment Performance and Risk
Majority think short-term measures of performance are most important;
One third believe all investments carry the same level of risk
A focus on short-term financial performance and misunderstandings about the nature of investment risk may have an impact on American investors’ financial well-being. read more
$30,000 in Student Debt = $325,000 in Lost Savings?
LIMRA: Burden at graduation has tripled over past 15 years
New findings from LIMRA Secure Retirement Institute reveal that Millennials who begin their careers with $30,000 in student loan debt may find themselves with $325,000 less at retirement compared to their debt-free peers. read more
Investors Keep Cool Despite Recent Events
ith terror in the background, S&P hits high water
Weekly market view from LMK Wealth Management. Visit lmkwealth.com.
The major averages ended last week on a high note despite ongoing concerns about terrorism. Investors kept their cool and gave the S&P 500 its best week of the year. For the week, the S&P 500 gained 3.27%, the Dow rose 3.35%, and the NASDAQ grew 3.59% read more
How Household Spending Changes in Retirement
At first, spending slows, but these reductions diminish after year four
On average, households spend less once they retire—but not all households, and not in the same ways. read more
Market Leaders Push Back on Fed’s Fiduciary Rule
SEC should be taking the lead
This A.M.BestTV episode looks at the Securities Industry and Financial Markets Association’s (SIFMA) recent annual meeting in Washington, D.C., where its leaders discussed cyber security regulation, market structure and the proposed rule changing the definition of fiduciary. Click here to view the entire program. read more
Who Needs Life Insurance More: James Bond… or You?
Five Times as Many Americans Think It's Bond;
Survey Finds Majority of Americans Unaware of Who Needs it Most
Americans wrongly believe that life insurance is better suited for someone who leads an independent, risky and adventurous life, than for a working father who earns the primary source of income for his family, according to a recent survey from Life Happens, a non-profit organization dedicated to helping educating consumers about the importance of life insurance. read more
What We Can Learn from Irate Clients
Mr. Money is on the phone... he is angry and demanding your attention
by Joe Curcillo
Boss Deborah is sitting in her office reviewing monthly reports as she listens to routine bustling of her staff. Suddenly, she hears a single voice amidst the regular noise. It is Mary, her secretary, attempting to get a word in as she deals with a rather stubborn and authoritative customer. read more
What’s Ahead for Defined Contribution?
As funding shifts to the individual, industry voices speak on health and retirement benefits
For more than a quarter-century now, most private-sector American workers who have a retirement plan at work have funded it primarily through their own contributions—and do not have a traditional pension funded exclusively by the employer. read more
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