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

Roth individual retirement accounts can offer advantages, particularly in tax savings, but they have not been adopted as widely as might have been expected since their inception 20 years ago, retirement planning expert Ed Slott writes. He discusses the possible reasons for this and details the benefits of Roth IRAs.

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Ed Slott
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

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 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
11/21/2017

Financial planner Sophia Bera writes that when she gives talks at universities that offer certified financial planning courses, a substantial number of women are in the audience, yet few women appear to progress through the industry. She says bureaucracy, being asked to sell products they do not believe in, and lack of autonomy and flexibility are some of the main deterrents.

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Sophia Bera
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

Heavy revision is expected for a Republican tax plan passed by the Senate Finance Committee because several measures have raised concerns on both sides of the aisle. Passage of a tax bill is unlikely before winter because "complicated issues," such as the estate tax and state and local taxes, need resolution, says Greg Valliere, chief global strategist at Horizon Investments.

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