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  • Employees Stressed Over Possibility Of 401(k) Loan Defaults
    Employees Stressed Over Possibility Of 401(k) Loan Defaults

    Loan leakage now seen as a critical retirement readiness, financial wellness, and fiduciary challenge

    While employees appreciate being able to take 401(k) loans in case of financial emergency—20 percent of all 401(k) participants currently have loans outstanding—the possibility of not being able to repay those loans is stressing employees out, according to a new independent study released today by Custodia Financial...
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  • Social Media Is A Winning Game, But Many Advisors Aren’t Playing
    Social Media Is A Winning Game, But Many Advisors Aren’t Playing

    Financial advisors use social media more frequently and feel it is more valuable than do RIAs

    A study by global asset manager American Century Investments showed that the more advisors use social media, the more value they receive from it. However, a surprising number of advisors don't use social media on a consistent basis, and many view it as not having a large effect on their business, either now or in…
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  • It’s A Silent Night For ’12 Days of Christmas’ Prices
    It’s A Silent Night For ’12 Days of Christmas’ Prices

    While the market is up, holiday gift 'price-index' remains relatively flat Gold rings in this season; turtle dove prices head south

    The PNC Christmas Price Index predicts True Loves will find all is calm when putting the gifts under the tree this holiday shopping season. To purchase the gifts included in the classic holiday song "The 12 Days of Christmas," it will cost just 0.2% more than it did in 2018, according to the 36th annual…
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  • What Really Drives Financial Trust?
    What Really Drives Financial Trust?

    Pricing, commission and fees have little impact, but satisfying client-yearning for information ranks very high

    Understanding is key to improve customer trust of financial services firms, as identified in a new report that features the top 10 drivers, trust builders and busters, and action steps within firm control, according to Hearts & Wallets, the data and analytics company specializing in retail saving and investing.
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  • A New Dow Milestone
    A New Dow Milestone

    Will there be a U.S. / China trade breakthrough?

    Will there be a U.S. / China trade breakthrough? Weekly market view from LMK Wealth management. Reprinted with permission. Visit www.lmkwealth.com Stock benchmarks were little changed for much of last week, but a rally occurred Friday after news broke that the U.S. and China could be closing in on the first phase of a new…
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  • Considerable Change Ahead for U.S. Health Insurers​
    Considerable Change Ahead for U.S. Health Insurers​

    Fitch: There is potential for meaningful disruption on the horizon

    While change in the U.S. healthcare system is nothing new for insurers, we see few indications that it will subside in the near future, said Brad Ellis, Senior Director, Fitch Ratings. As healthcare costs continue to increase at an unsustainable pace, the risk of disruption from regulation increases.
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  • Know Your Customer
    Know Your Customer

    Global study identifies roadblocks and way forward for financial industry, to benefit customers, fight financial crime and reduce regulatory burden

    Protiviti and the International RegTech Association (IRTA) have released the findings of a global market study they conducted to investigate the effectiveness of current 'Know Your Customer'(KYC) processes.
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  • Why Financial Institutions are Banking on the Prepaid Card Market
    Why Financial Institutions are Banking on the Prepaid Card Market

    Virtually all transactions now conducted on your smartphone

    Digital wallets and prepaid cards are quickly taking over traditional banking as we know it. Gone are the days when consumers had to use cash or their credit card to make bill payments, order food and do their shopping.
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  • Financial Institutions Take Note of Cannabis Market’s Glowing Potential
    Financial Institutions Take Note of Cannabis Market’s Glowing Potential

    The collective insight from the analysts signals that the cannabis industry is continuing to expand

    The rapid emergence of the cannabis industry has finally caught Wall Street's attention as numerous analysts have initiated their coverage on the marketplace. Notably, firms such as RBC Capital Markets, Cowen, Piper Jaffray, and Bank of America Merrill Lynch have all realized the growth potential of the industry.
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  • New Data Shows Smoking Can Increase Your Life Insurance Premium by Nearly 100%
    New Data Shows Smoking Can Increase Your Life Insurance Premium by Nearly 100%

    Analyzing the dollar-diffrerences in premium between smokers and non-smokers

    Although naturally grim in its circumstance, life insurance can be an important safety net for a policyholder’s loved ones. But having life insurance comes at a cost, so consumers must weigh the pros of paying for a policy against the potential consequences of not having one. 
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  • Sustaining Resilience Amid Slowing Economic Growth
    Sustaining Resilience Amid Slowing Economic Growth

    US / China trade status a key influencer, as Asia poised to run the global engine

    Global growth remains weak and will slow over next two years. Last year marked the peak of the cycle, and our current forecasts for US and euro area growth of 1.6% and 0.9% in 2020, respectively, are below consensus.
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  • Two-Thirds Of Caregivers Juggle Work And Caregiving
    Two-Thirds Of Caregivers Juggle Work And Caregiving

    New data from Northwestern Mutual shows significant impact on careers and work/life balance for those providing care for an aging parent or relative

    A new release of findings from Northwestern Mutual's C.A.R.E. (Costs, Accountabilities, Realities, Expectations) Study reveals the degree to which caring for a friend or loved one can shift work responsibilities and overall career paths.
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  • Defining What Good Customer Experience Looks Like Is the First Step Toward Achieving It
    Defining What Good Customer Experience Looks Like Is the First Step Toward Achieving It

    We all know it when we see it...

    We all know good customer experience when we see it. For life insurance and annuity carriers, however, it is often hard to define and measure good customer experience.
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