Some experts predict that value mutual funds will finally trump growth funds this year. So far, that seems to be holding. Value funds on average have declined 4.88% so far this year, compared with 5.91% for growth funds, according to Morningstar data. Investor's Business Daily (1/12)
People who have consumer-driven or high-deductible health plans are more likely to ask whether care is covered, seek out generic drugs and talk to their doctors about less-costly care options, according to a survey by the Employee Benefit Research Institute and Greenwald & Associates. ThinkAdvisor (1/13)
The availability of workplace retirement savings plans differs from state to state, with workers in the West and Southeast least likely to be offered these types of plans, according to a report by The Pew Charitable Trusts. In contrast, 56% of workers in the Midwest use these plans — the…
Advisers shouldn't be too worried about MetLife's splitting of its domestic retail business, experts say. Previous business will stay with the entity that wrote the policy, and the company's subsidiaries are adequately capitalized, they say. "This transaction is a transaction involving entities. Business isn't being moved around," said Steven Schwartz…
Insurance companies are the best businesses in the US when it comes to call handling, research has revealed. Conducted by London-based audio-branding specialist PH Media Group, the study of 2,234 consumers discovered that over two-fifths (41%) of callers are satisfied with the industry’s phone manner. Read more on the Advisor…
Matt Lynch and Julie Littlechild argue that many advisers are out of touch with how their clients truly view them. “But taking a moment to look at our job from the outside — from the client’s point of view — can be an important wake-up call,” they write. WealthManagement.com (U.S.)…
Automating workflow to improve efficiency is the top priority of 2016 for 80% of advisers surveyed by SEI. The second, embraced by 63%, is increasing the number of referrals. More than 60% want to improve their social media profiles. AccountingWEB (1/6)
The 2015 White House Conference on Aging generated no specific proposals or guidance on how to better pay for long-term-care services, but it has included the topic in the discussion questions from its final report and says its website will feature the comments it gets in response. LifeHealthPro (1/6)
In-house broker-dealers at life insurance companies would feel the most severe effects of the Labor Department’s fiduciary standard as currently proposed, Cerulli Associates says. The broker-dealers would face particularly high risk because of their reliance on commissions, the report says. LifeHealthPro (1/6)
Returns for hedge fund investors are likely to decline this year, but the industry’s assets will likely rise, Agecroft Partners says. Firms will require effective sales and marketing operations to attract more assets, Agecroft Partners says. ThinkAdvisor (1/5)
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