Industry

A new Dalbar study shows that active investments produce superior investor returns over long time periods, while passive investments have better investor returns over shorter periods.

Under a proposal released by the DOL on Wednesday morning, the agency’s fiduciary rule would not be applicable until June 9.

In 2016, BlackRock saw its first decline in annual revenue since 2009 as performance fees fell by more than half.

Fidelity announced the reduction of retail commissions this morning, and Charles Schwab quickly followed suit.

The line blurs between active and passive.

Judge Renee Bumb said investors failed to show that Hartford did not do enough work to justify the fees charged.

Lack of face time between his clients and specialists was a main reason for the move.

The Insured Retirement Institute believes Congress should be the one to replace the DOL rule.