Break-even analysis can prompt clients to take Social Security benefits sooner rather than later, as a hedge against early death. They really should be hedging against living longer and running out of money.
Six fiduciary groups have joined forces to try and ensure the SEC makes the difference between “advisors” and “brokers” explicit when setting standards of conduct for the industry.
There are more than 70 times as many stock market indexes as there are actual stocks, many created by selective backtests and used by asset managers to market new funds, with minimal disclosures or oversight.
