Wealth Management
Top stories summarized by our editors
11/21/2017

Jeffrey Phillips of Rehmann Financial writes that advisors should encourage their clients to formulate a plan to respond to a financial disaster. He discusses how to help clients put a plan in place and suggests revisiting it at least once a year.

11/21/2017

Lawmakers are proposing the creation of a Pension Rehabilitation Administration within the Treasury Department to help troubled pension plans remain solvent. Under the proposed program, benefits would be paid from low-risk investments such as annuities and investment-grade bonds.

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Treasury Department
11/21/2017

Debra Repya, a chartered financial consultant and life underwriter, discusses the challenges facing investors in the prolonged low interest rate investing environment. She suggests that retired or conservative investors consider fixed and variable indexed annuities.

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interest rates
11/21/2017

Hiring managers may face challenges in filling open positions with top talent because unemployment is at a low point. Experts discuss some of the main problems companies encounter and offer tips to facilitate the hiring process.

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Inc. online
11/21/2017

The Callan Institute's 2017 Investment Management Fee Survey found that 21% of investment managers plan to lower their fees this year. According to the survey, the median fee investment managers get from retirement plans is 38 basis points.

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PlanAdviser online
11/21/2017

The Federal Trade Commission has warned seniors to be wary of scammers during the Medicare open enrollment period in progress. The FTC advises that fraudsters may pose as official Medicare agents to elicit personal information or trick elders into buying needless and expensive replacement cards.

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Money magazine
11/20/2017

There are three main ingredients to a happy retirement, according to a university study: spending money on enjoyable activities, nurturing close relationships with family and friends and staying healthy.

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Money magazine
11/20/2017

A survey of hedge fund managers by EY shows that 27% plan to analyze data from social media accounts for market insights in the coming months, making it as popular as the more traditional method of gathering data from private company information and reports. Use of the technique has grown in recent years with an increasing number of apps launched to perform it, although some managers say the quality of the data is variable.

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social media, hedge funds
11/20/2017

Digital asset broker Coinbase is planning to roll out Coinbase Custody, a cryptocurrency storage service for hedge funds and other investors with minimum deposits of $10 million. Coinbase CEO Brian Armstrong says lack of safe storage facilities is one of the key concerns of investors who may be considering a foray into digital currencies.

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Coinbase, hedge funds
11/20/2017

An increased investor preference for hedge funds that offer customized fees and liquidity terms is one of the key findings of a 2017 survey by EY. About 62% of respondents said they will make use these funds more in the next two years, a marked increase from the 48% recorded in 2016, with the survey also showing that 74% plan to keep their hedge fund allocations at the same level in the year ahead.