OneDigital Draws $1.8B Wealth Team from Cetera
OneDigital, an Atlanta-based insurance, talent and financial advisory firm with more than $155 billion in client assets, has…
More South Africans are planning for retirement but affordability remains a hurdle
JOHANNESBURG – More South Africans are planning for retirement, with many worrying they won’t have enough to retire comfortably.…
People Moves: Modera Hires State Street Alum as CIO
Modera Wealth Management, a Westwood, N.J.-based registered investment advisor overseeing $17.5 billion in assets, appointed Gaurav Mallik as…
42% of adults rely on their parents for financial support—there are no ‘bad guys’ here, says financial therapist
A large portion of U.S. adults are making ends meet with help from their parents. Forty-two percent of…
SEC Proposes Rule Making E-Delivery the Default Option
The Securities and Exchange Commission proposed a rule to make e-delivery the default option for registrants (including broker/dealers…
Social Security Recipients May Be in Line for Another Outsized COLA Boost
Social Security beneficiaries are marching their way toward a decent-sized payment increase this coming January. That’s one of…
Swiss Pension Funds Increase Commitments to Record Infrastructure Equity Fund to EUR 1.23 Billion
LONDON–(BUSINESS WIRE)–Record Asset Management GmbH (RAM), subsidiary of London-listed Record plc (Record Financial Group), today announced that its…
New report highlights Allegheny County’s pension fund crisis
Allegheny County is facing a major financial crisis. The pension system is seriously underfunded, and massive infusions of…
RIA Buyers Predict Valuation Flatline
Consolidators in the wealth management industry expect a years-long rise in registered investment advisor valuations to finally flatline…
Most Retirees Choose JEPI for Income But This 4.8 Percent Yield Alternative Is Quietly Outperforming
Quick Read Headline yield isn’t everything: DIVO’s lower payout has historically been accompanied by stronger total returns and…
TDRI says 30-year savings system still leaves elderly Thais poor, urges auto-enrolment
Savings incentives reach only a minority Thailand already offers a broad range of retirement savings tools, including provident…
‘Don’t direct it’: Westpac chief executive demands Anthony Albanese, Labor avoid dictating superannuation investment
The boss of one of Australia’s largest banks has told Prime Minister Anthony Albanese not to direct superannuation…