Mark started with us as a reporter at our sister publication 'Financial Week' in 2005 and rose to become Associated Publisher (in 2013) and then Managing Director (2018) of InvestmentNews. In 2020 he moved on to become Managing Director at ECHELON Partners, and in 2021 Managing Director, Wealth Management, at Informa Connect. He Tweets at: @brunz99 and you can also connect with him on LinkedIn.
Nearly 200 corporations have already stopped matching workers' contributions to their 401(k) plans and the number could very well accelerate — and possibly double — in the coming months.
An adviser to former Major League Baseball player Mo Vaughn claims that the three-time all-star first baseman threatened and intimidated her after their relationship soured, according to recent court documents.
Roughly $2 trillion in assets have been sucked out of 401(k) plans in the last year, prompting scores of individual investors to lose faith in what's become the primary retirement vehicle for millions of Americans.
Target date funds are coming under heavy scrutiny on Capitol Hill, with lawmakers and regulators working hand in hand to determine if these one-stop-shop retirement funds are in need of increased oversight — or perhaps even restrictions that would prevent them from investing too aggressively.
Top five executives at Morningstar Inc. earned roughly $6.75 million in total compensation last year, according to the Chicago-based firm's annual proxy filing.
Participants in the 401(k) plan at Merrill Lynch & Co. Inc. have reached a $75 million preliminary settlement with the brokerage firm to cover losses sustained in their retirement plans over the last several years.
Financial advisers need to begin re-evaluating traditional portfolio construction techniques, and they can start by measuring an individual's "human capital" if they want to create truly diversified retirement portfolios for their clients.
The National Endowment for Financial Education is launching a new website specifically aimed at helping individual investors design their own customized retirement income plans.
Advisers must re-evaluate the traditional tactics used to build retirement portfolios and start by measuring an individual's “human capital” to obtain an accurate picture of a client's financial future.
If they didn't know it already, advisers are being put on trial by clients this year — particularly by clients hoping to retire in the near future.
