Updated research from the Investment Company Institute finds that just 1.8% of 401(k) plan participants ceased contributing to their accounts in the first half of 2015, compared with 2.1% in the comparable period last year.
The number of donor-advised funds continues to soar, amid strong end-of-year demand from investors who would like to put their money to work for charitable causes. Consultant Ken Nopar offers a list of reasons why such products make sense.
A potential bubble in the technology sector is likely to affect everyday investors because actively managed mutual funds and pensions may own parts of some of the largest startups, Allison Schrager writes.
The transition from retirement saver to spender can be tough, but steps such as identifying financial priorities and developing a clear spending plan can make things go smoothly, Brian Preston and Bo Hanson write.
Holiday meetings with family members are an opportunity to "ensure peaceful family harmony today and in the future by combating the potential negative influences money and wealth can have on family dynamics and relationships," Victor Ngai writes.
About a month remains for moves to ease the income-tax bill for 2015, such as making charitable contributions, pumping up retirement savings and deferring income to 2016, Sandra Block writes.
More investors have embraced alternative investments, and that has had a profound effect on the investment industry, writes Michael Spellacy of PricewaterhouseCoopers. He believes that alternative investments and fee-based advisors "have become natural mutually reinforcing partners."
Family gatherings for Thanksgiving can be an opportunity for financial advisors to encourage estate-planning best practices. Good questions to ask clients include plans for medical emergencies and whether an executor has been engaged, writes Abby Schneiderman, co-CEO of Everplans.
Being a female breadwinner can be hard. Advisors who want to gain such clients should create a safe place to discuss financial matters with women, "who often don't know where to turn for help," writes Kathleen Burns Kingsbury, founder of KBK Wealth Connection.
- Page 1