As politicians, retirees and city and state governments strain to address unfunded defined benefit pension obligations, a Manhattan Institute fellow set out to address what he terms a few myths and half-truths.
Investors cant plan for every potential risk to their portfolios, but in a new report Towers Watson recommends that investors think about political, social, environmental and technological risks as well.
Direct-to-investor assets have nearly doubled since 2008, outpacing the growth of traditional advisory models used by large wirehouses, according to research from Boston-based Cerulli Associates.
The American Society of Pension Professionals & Actuaries has named David Lipkin as its new president and has appointed well-known retirement industry guru Robert Kaplan to its board of directors.
Alternative investments are apparently too complicated to explain to clients, according to 1,300 global financial advisors surveyed by Natixis Global Asset Management.