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Recently a number of market observers have suggested banning actively managed mutual funds from retirement plans as a way of increasing participant balances. Their logic is that actively managed funds don't beat market averages or benchmarks often enough to justify their higher fees. Also, it is said that actively managed funds tend to be recommended by advisers who profit from their sale and therefore aren't objective.
April 23 -
A $15 billion asset increase, paired with a $14 billion liability decrease, reduces the Milliman 100 PFI pension funded status deficit to $285 billion.
April 23 -
Study Reveals Financial Industry Not Meeting Womens Needs. Three-fourths feel they earn better returns teaming with financial professional.
April 23 -
Fewer than half of Generation X and Generation Y investors have made saving for retirement their top priority and a majority have little understanding of financial products and services, according to LIMRA research.
April 23 -
There may be a slightly silver lining to the murky clouds of health care reform: ancillary benefits, which often include voluntary benefits, are expected to grow substantially in the coming years. Advisers may do well to leverage these offerings with clients, says EBA Blogger and UBA CEO Thom Mangan.
April 23
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Social Security savings of $1.6 billion among reductions projected for 2014 and beyond
April 22 -
LIMRA research reveals that the majority of Generation X and Y consumers have little understanding of financial products and services and less than half make saving for retirement their top priority. Their situation improves, however, with the help of financial adivisers.
April 22 -
Non-qualified deferred compensations have been around even before the passage of ERISA in 1974.
April 22 -
Patient safety at U.S. hospitals is hampered by inadequate teamwork and communication, as well as a negative culture, according to a study by insurer American International Group Inc.
April 22 -
Although it is highly unlikely that the Affordable Care Act will be overturned in the halls of Congress, that does not mean the fight is over, Bobby Bramlett, Big "I" chairman told a crowd of nearly 1,000 independent agents in Washington on Friday.
April 22


