Defined contribution plans for public school teachers are notoriously poor retirement plans, often described as a Wild West of sorts that's plagued by minimal plan oversight, subpar investment options, and fund and insurance brokers who are free to.
US Labor Department proposes extension to fiduciary rule applicability date | United States Department of Labor United States Department of Labor.
Record keepers such as Principal Financial Group have told independent agents who sell or service retirement plans, and who are not licensed with a broker-dealer or registered investment adviser, that they can't receive compensation after January.
The variable annuity industry took a beating in 2016 , with several of the top sellers inking losses upwards of 25% on the year and some exceeding 40%. The Department of Labor's fiduciary rule, issued in its final form last spring, played a big role in.
Financial statement/Form 990: This form provides a financial snapshot of the charity's fiscal strength. The IRS requires most tax-exempt organizations to file a Form 990 annually, although there are many exceptions. Individuals can request copies of a.
Expense ratios for equity mutual funds in 401(k) plans declined again in 2016 , falling to 48 basis points from 51 basis points in 2015, according to a survey by the Investment Company Institute. This average asset-weighted expense ratio of equity.
Here are Monday's top research calls, including upgrades for Hormel and L Brands, and downgrades for LPL Financial and Madison Square Garden.
2 by AlphaSense, a financial search engine. Phrases related to capital spending such as "capital expenditure," "capex," and " investing in research and development" had 1,027 mentions, the analysis of 221 S&P 500 companies showed. Tax-related terms .
Published by LPL Financial’s Research department (“LPL Research”), the publication contains economic, market and investment insights for the remainder of 2015. LPL Research has compiled timely advice into its Midyear Outlook 2015 publication.
quot;Earnings season is heating up and there is a good chance we could be looking at two consecutive quarters of double-digit earnings growth when all is said and done," said Ryan Detrick, senior investment strategist at brokerage LPL Financial . LG Display .
The never-ending fight for lower fees and the fear of fee-related lawsuits have pushed passive investments ahead of active management among large defined contribution plans in 2015 - the first time since Pensions & Investments began tracking data from.
Merrill Lynch Wealth Management outlined plans Wednesday to transition its defined-contribution-plan business over to a fiduciary model, coming several months after the firm announced similar plans for its retail retirement business and as the .
Our firm has commonly encountered plan administrators new in their role who have no idea as to why certain plan features , investments or vendors were selected. Part of the reason for this is because the decisions that lead to those features and vendors.
With pricing levels between green and conventional bonds generally very close and highly correlated, the investment case for holding green bonds begins with the impetus for holding any fixed income investment : primarily, income and relative safety.
Read about the 2016 outlook for fiduciary regulations ... According to Ryan Parker, managing director of investment and planning solutions, at LPL Financial, investors need to understand what kind of “income” strategies/products they own — especially.