investment advice

Employers Offer Little Help To Workers Sorting Out 401(k) Options

Posted on 06/13/2012 by |Money and Work | Comments

Bulletin Today | WorkIf you give a worker (a cookie and) solid financial benefits, the worker has a much better chance of living comfortably in retirement. And if the worker understands and appreciate those benefits, the happier he or she will be.  And the happier the worker is, the more productive he or she will be. And that will boost the employer’s bottom line. But there was also a darker tale told by the new Bank of America Merrill Lynch report, which examined the views of …

The Takeaway: Investment Advice Rules Delayed, Diabetes Ups Dementia Risk

Posted on 09/20/2011 by |Brooklyn, NY | Comments

Bulletin TodayRetirement Investing—It’s Complicated: Does your retirement investment advisor have your best interests in mind? Possibly not—under current law, many investment consultants and advisors for 401(k) plans and individual retirement accounts are not considered ‘fiduciaries,’ meaning they’re not legally responsible for offering advice solely for the benefit of employers and workers participating in a plan. They could, in fact, be receiving payments from investment companies, recommending investment products from those companies to account holders—and then not be held at all accountable if their advice is …