Private assets in defined contribution plans could top $1T by 2030
A Deloitte analysis shows that alternative allocations — to private equity, private credit and other vehicles — in DC plans could grow quickly.
Capital markets
HR startup Degreed raises funding at $1.4 billion value
Degreed, a software company serving human resource departments, provides training and career development programs.
Cashing out a 401(k) due to coronavirus? Consider these things first
For one, clients will owe taxes still on the distributions, unless they recontribute the money into the account within three years.
Here’s what to do if clients need to postpone retirement
By extending their working years, seniors can see an increase in their Social Security payouts.
Your client lost their job due to coronavirus. Now what?
In some cases, workers who have received severance pay have the option of investing the money for retirement and other long-term goals.
Retirement planning tips in the time of coronavirus
Clients are advised to keep some of their savings in cash and focus on their long-term prospects.
Can clients protect 401(k)s from a coronavirus-driven market downturn?
“Find ways to generate income,” says one financial planner.
Clients should expect the unexpected in retirement
While some retirees have seen a substantial increase in spending, many others are enjoying financial freedom.
In opening salvo to new sector, benefits firm buys $45B hybrid RIA
OneDigital’s acquisition of Resources Investment Advisors shows a convergence between two major spaces within financial services.
Best 2050 target-date funds of 2019
Steady gains made in equity markets last year were "clearly a tailwind,” an expert says.
Why employees who claim Social Security early often live to regret it
A study notes that retirees might be experiencing the “Homer Simpson” mindset, in which they choose immediate gratification without thinking about the long-term consequences.
Avoiding the storms in your retirement portfolio
When the financial clouds are gathering, your clients have preparations to make. Top of the list: reduce risk.
Financial Engines sale signals more of money management M&A boom
Hellman & Friedman’s $3 billion agreement to buy retirement services provider Financial Engines Inc. is one of the biggest deals yet in the investment management takeover boom.
Dividends are no longer sexy … which is what makes them attractive
When the current bull market fever subsides (or crashes), dividend investing will regain some of its lost appeal, writes an expert.
Dividends are no longer sexy … which is what makes them attractive
When the current bull market fever subsides (or crashes), dividend investing will regain some of its lost appeal, writes an expert.
