Most Clicked FSI NewsBrief Stories


1. Active fund managers are beating indexes

FSI NewsBrief | May 18, 2015

Almost half of active mutual fund managers topped benchmarks this year through April. That amounts to "a rare rebound for active fund managers, who long dominated the business but have been losing ground to far-less-expensive index funds, especially since the financial crisis," Kirsten Grind writes. The Wall Street Journal (tiered subscription model) (05/17)


2. Retirement security must be job No. 1

FSI NewsBrief | May 20, 2015

Retirement must be the most important savings goal for investors, more than college, home repairs or holidays, according to Richard Marston. The Wharton School professor urged advisors to push their clients to prioritize retirement saving and delay claiming Social Security benefits as long as possible. InvestmentNews (free registration) (05/19)


3. FSI members meet with Congress

FSI NewsBrief | May 15, 2015

At a time when financial regulation is front and center in Washington, D.C., FSI had members in town to meet with lawmakers about myriad issues. FSI supports an extended comment period for a proposed fiduciary standard. InsuranceNewsNet online (05/14)


4. SEC proposes expanded disclosure from advisors

FSI NewsBrief | May 21, 2015

A Securities and Exchange Commission proposal would require disclosure of more information on Form ADV, which is used for advisor registration. Additional data on use of separately managed accounts would be required, and advisors would for the first time have to list social media accounts. ThinkAdvisor (05/20) InvestmentNews (free registration) (05/20)


5. Independents brokers have much to offer

FSI NewsBrief | May 18, 2015

For advisors who want more independence and flexibility, the independent broker-dealer model has obvious appeal. But with so many options, what should an advisor do? "Any advisor first needs to 'check-in' with himself, to gain a true understanding of his needs and requirements," writes Mindy Diamond, president and CEO of Diamond Consultants. WealthManagement.com (U.S.) (05/16)


6. Study: Early withdrawals can lead to problems

FSI NewsBrief | May 20, 2015

Research by economists at Harvard and Yale finds that the U.S. makes early withdrawal from retirement accounts easy, compared with other countries. That offers participants flexibility. "On the other hand, preretirement liquidity is undesirable when it leads to undersaving arising from, for example, planning mistakes or self-control problems," they write. The Wall Street Journal (tiered subscription model) (05/19)


7. More advisors pursue RICP designation

FSI NewsBrief | May 15, 2015

With retirement planning emerging as a major focus at advisory practices, more professionals are seeking the Retirement Income Certified Professional designation. The American College of Financial Services says the designation has become the fastest-growing advisor credential in its history. ThinkAdvisor (05/14)


8. Time to review advisor-recruiting techniques?

FSI NewsBrief | May 15, 2015

Re-evaluation of recruitment might be necessary if efforts to add advisors have been unsuccessful. The pitch must make clear the reason your business model and practice are superior to others, Michael Parker writes. WealthManagement.com (U.S.) (05/14)


9. HSAs provide compelling financial benefits

FSI NewsBrief | May 19, 2015

Many investors are familiar with tax benefits of common retirement and savings vehicles, such as 529 plans for college funding, 401(k)s and individual retirement accounts. They tend to be less familiar with health-savings accounts, which offer three tax advantages. U.S. News & World Report (05/18)


10. 401(k)s must be monitored by employers, high court says

FSI NewsBrief | May 19, 2015

The U.S. Supreme Court has ruled that employers providing 401(k) plans have an ongoing duty to review investments offered. A plan's trustee must "monitor, and remove imprudent, trust investments," according to the ruling. A six-year statute of limitations on breach of fiduciary duty doesn't bar lawsuits against those who fail to carry out this responsibility, the court says. The Washington Post (tiered subscription model) (05/18) Los Angeles Times (tiered subscription model) (05/18) InvestmentNews (free registration) (05/18) Pensions & Investments (free access for SmartBrief readers) (05/18)




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