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The fund basically is a juiced up alternative to the $2.4 billion Robo Global Robotics & Automation Index ETF, ticker ROBO. (Photo: Shutterstock)(Bloomberg) –Just when you think an investing idea has reached its saturation point, a new exchange-traded fund comes along that tries to take it to new heights — literally.
In this case it’s robots.
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Only 58% of plan sponsors believe participants are on track with their retirement savings, which is why most (82%) advisors are recommending a retirement income solution to DC clients, according to a Blackrock survey.
Leading retirement experts give their perspectives on raising awareness about the importance of planning, saving and ensuring a stream of guaranteed lifetime income for retirement in a new TIAA report.
With many plans expanding more investment options and educating participants now more important than ever, many plan sponsors are outsourcing advisory and fiduciary responsibilities, says new Morgan Stanley survey.
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