A free meal can help win new clients, but some advisers say the prospecting strategy is dated and projects a bad image.
Most employers have tuition-reimbursement budgets, though they hardly spend them. Those budgets instead could go to student loans.
The freeze on student loans has been a financial lifeline for many. That hasn’t been lost on employers, who are juicing up benefits.
The court granted a motion to dismiss the claims against the company, although the plaintiffs have 30 days to amend their complaint to address its shortcomings.
The country, which placed 17th in the global ranking, falls short due to income inequality, high health care costs and other factors, according to Natixis.
A proposed regulatory change wouldn't allow a single group of plans to have a consolidated audit, meaning that every participating employer of a certain size would have to have an annual audit.
The company's decision is in line with overall trends toward fee-based compensation but also hints at the influence of the SEC’s Regulation Best Interest on the 529 plan market.
Comparing actively managed funds on the plan menu to index funds that were available was not an ideal comparison, according to the court.
Private equity firms' insurance companies accounted for more than 40% of all indexed annuity sales industrywide during the second quarter.
Physical attacks are always a potential threat that companies must plan for, but cyberattacks have become a more regular concern.
