The giant fund manager will oversee liquid fixed-income and private placement assets for the insurance company.
The tax, dubbed the Billionaire Minimum Income Tax by the White House, would hit both the income and unrealized gains of U.S. households worth more than $100 million.
As of January, there were 33 million health savings accounts, according a Devenir study.
The bipartisan letter asks the Government Accountability Office to examine current protections in defined-contribution plans.
The big surprise was the IRS' announcement that if an account holder dies after their required beginning date, required minimum distributions would be required for years one through nine.
The Securities and Exchange Commission wins its case against Jonathan Dax Cooke for fraudulently selling variable annuities to hundreds of federal employees.
When the pandemic pushed millions of older Americans out of the labor force, it also should have spawned a surge in Social Security applications — but it hasn’t.
More than half of investors expect inflation to increase this year, and 61% think the combination of low rates and rising price pressures will make it tougher to create a retirement income stream.
The shift from having taxes withheld to making estimated tax payments can be challenging for people entering retirement.
The Wealth platform is designed to help clients better manage their legacies by creating plans online through a combination of proprietary legal documents and encrypted digital vaults.
Rising inflationary pressure around the world is fueling concerns about the ability of the global economy to weather any sustained period of higher financing costs.
The tool will help participants in the firm's SmartRetirement funds withdraw a portion of the money they have invested each year after they retire.
One important aspect of retirement planning that hasn’t changed — and is likely never to change — is the need for advisers to be forthright with their clients, especially about matters relating to longevity and income adequacy.
Many middle-aged Americans are bringing up their children while caring for aging parents, and placing their own retirement needs on the back burner.
Carbon Collective caters to employers that think 'slightly less bad is just not good enough.'
Pontera, formerly known as FeeX, allows advisers to work with client accounts that are held away from the firm, like 401(k)s.
Sen. Sherrod Brown says PE has a track record of 'undermining pension and retirement programs.' The American Investment Council praises PE stewardship of insurance firms.
Pensionmark, an RIA and retirement consultant that supports more than $80 billion in assets, is headquartered in Santa Barbara, California.
The DOL has clarified its earlier advice on this topic, stressing the responsibility of fiduciaries whose plans offer private equity investments.
Global Shares, which will be integrated into the bank's asset and wealth management arm, has almost $200 billion in assets under administration and roughly 600 corporate clients.
