TIAA-CREF Chief Executive Roger W. Ferguson Jr. says a new generation of workers are interested in lifetime financial security and need the means to do it.
Fidelity Investment lost its top-dog status as the number one distributor and mutual fund provider to rivals Charles Schwab and Vanguard, according to a new report.
The majority of people who have consulted a financial service professional for advice in the last two years have found it to be independent and objective, and more than half have implemented the advisor’s recommendations, a new survey finds.
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.