Investments

  • Majority Of Investors Don’t Fully Understand Investment Costs
    Majority Of Investors Don’t Fully Understand Investment Costs

    Major gaps in understanding cost of funds and investment advice signals opportunity for advisors to help educate investors about fees and expenses

    State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced the findings of its Low-Cost Investing Survey, which reveals a lack of general understanding persists about the management costs and advisory fees investors pay, despite the financial industry’s efforts to make fees more transparent.
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  • Guaranteed Lifetime Income Or A Fully Stocked Wine Cellar?
    Guaranteed Lifetime Income Or A Fully Stocked Wine Cellar?

    Financial advisors believe their clients favor the former

    RetireOne®, the leading independent platform for fee-based insurance solutions, and Protective Life Corporation (Protective), a wholly owned subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), today announced the results of the “2021 RIA Protected Accumulation + Retirement Income Survey”
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  • Competitive Pricing For Pension Risk Transfer Costs Increase To 100% In June
    Competitive Pricing For Pension Risk Transfer Costs Increase To 100% In June

    Plan sponsors must now monitor the annuity market

    Milliman, Inc., a premier global consulting and actuarial firm, today announced the latest results of its Milliman Pension Buyout Index (MPBI). As the Pension Risk Transfer (PRT) market continues to grow, it has become increasingly important to monitor the annuity market for plan sponsors that are considering transferring retiree pension obligations to an insurer.
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  • 2021’s States With The Highest & Lowest Credit Card Debt
    2021’s States With The Highest & Lowest Credit Card Debt

    How deep are we?

    With Americans having started 2021 off with nearly $900 billion in credit-card debt, the personal-finance website WalletHub today released its report on the States with the Highest & Lowest Credit Card Debts, as well as accompanying videos and expert commentary.
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  • Economic Growth Seen Rising In Key Sectors
    Economic Growth Seen Rising In Key Sectors

    June gains reflect a ‘broad based’ improvement

    The Conference Board Leading Economic Index® (LEI) for the U.S. increased by 0.7 percent in June to 115.1 (2016 = 100), following a 1.2 percent increase in May and a 1.3 percent increase in April.
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  • Plan Sponsors Increasingly Focused On Ways To Support Employees
    Plan Sponsors Increasingly Focused On Ways To Support Employees

    Plan sponsors continue to focus on improving participant outcomes with 88% making changes to their investment menus and 82% making changes to their plan designs in the past two years

    Fidelity Investments®, one of the industry’s most diversified and largest financial services companies, today announced the results of the 12th edition of its Plan Sponsor Attitudes Study, which revealed that in the midst of the COVID-19 pandemic, there was a heightened demand for advisor guidance and expertise as workplace retirement plan sponsors became increasingly focused…
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  • Empower To Acquire Prudential’s Full-Service Retirement Business
    Empower To Acquire Prudential’s Full-Service Retirement Business

    Acquisition of the full-service retirement plan recordkeeping and administration business will make up a total transaction value of $3.55 billion

    Empower Retirement and Prudential Financial, Inc. today announced they have entered into a definitive agreement for Empower to acquire Prudential’s full-service retirement business.
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  • Addressing Taxpayers Questions About The Child Tax Credit
    Addressing Taxpayers Questions About The Child Tax Credit

    Some of the changes made to the child tax credit are causing confusion and anxiety for many

    The American Rescue Plan Act included changes to the child tax credit that were designed to benefit certain taxpayers; however, some of these changes are now causing confusion and anxiety for many.
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  • Buying A Home Steadily Shifting From Dream To Pipe Dream
    Buying A Home Steadily Shifting From Dream To Pipe Dream

    American Millennials cite crushing student and medical debt, and the failure of wages to keep up with the cost of living as accelerators of this generational problem of unaffordable housing

    Home Ownership: while it’s listed as the #2 dream item on their bucket list, the majority of American Millennials across the age span of 25 to 40 are finding it hard even to afford where they live, and nearly impossible to buy a home.
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  • 10 TEACHABLE & NON-TEACHABLE Skills Great Salespeople Must Possess
    10 TEACHABLE & NON-TEACHABLE Skills Great Salespeople Must Possess

    Some of the skills that power high-performing salespeople are innate, others must be learned

    Are great salespeople born? Or are they made? It’s a question that confounds many sales managers desperate to hire and hone a winning team.
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  • The Future Of Money
    The Future Of Money

    Yes, Gen Z is buying, but how they are paying may surprise you

    There’s no doubt that Gen Z is moving strongly ahead with their spending power and, as this generation comes into their own, brands need to deeply understand trends affecting this diverse, progressive group. In our ongoing Logica® Future of Money Study, we expand our sample with an augment of older Gen Zers (age 16-24) so…
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  • A Vision For Empowering Independent Agents
    A Vision For Empowering Independent Agents

    Building trust and creating resilience for small businesses in the future

    Small businesses have a long road to recovery ahead. For some, it could take years to return to their pre-Covid baseline. Independent agents, with the inroads and infrastructure to connect small business owners, can play a vital role in quickening the recovery, building trust in the insurance industry, and creating resilience for small businesses in…
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  • After A Year Of Uncertainty The Value Of Professional Financial Advice Goes Up
    After A Year Of Uncertainty The Value Of Professional Financial Advice Goes Up

    Advisors are considered people's most trusted source for guidance

    According to the latest findings from Northwestern Mutual's 2021 Planning & Progress Study, U.S. adults aged 18+ say financial advisors are the most trusted source for financial advice. This represents a reversal from 2020 findings when people said they trusted themselves most.
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