Briefly Noted Articles

Regulations Did Not Improve Analysts’ Accuracy

July 2015
Analysts’ earnings estimates did not become more accurate following the increased regulation put into effect in the last decade. Read more »

Fund Manager Skill Improves as Market-Cap Size Drops

July 2015
Investors may find more positive skill among mid-cap and small-cap mutual fund managers than among large-cap managers as an inverse relationship between skill and market capitalization exists. Read more »

Five Warning Signs of Financial Fraud

July 2015
Since older Americans are often targets of investment fraud, the Securities and Exchange Commission (SEC) issued an alert listing five “red flags” to look for. Read more »

Sunshine Impacts Tolerances for Risk and Uncertainty

July 2015
The level of light, and the change in light relative to the past two days, impact tolerance for financial risk and uncertainty. Read more »

SEC Approves Pilot Program for Small-Cap Stocks

June 2015
The two-year pilot program is designed to determine whether wider spreads improve trading of small stocks. Read more »

Supreme Court: Employers Must Monitor 401(k) Investment Options

June 2015
The U.S. Supreme Court ruled that employers have an obligation to properly monitor 401(k) investments to determine if lower-cost investment offerings are available. Read more »

Preference for Lower-Cost Funds Is Reducing Fees

June 2015
Investors, in aggregate, are paying less for mutual funds and exchange-traded funds (ETFs). Read more »

Gifting Assets: What Is the Right Amount?

June 2015
Five factors for structuring gift decisions and the reasoning behind them are outlined by Merrill Lynch’s Private Banking and & Investment Group. Read more »

Proposed Rules for Brokers Working With Senior Investors

May 2015
Based on analysis of how the investment industry interacts with those aged 65 or older, the SEC and FINRA created a list of steps that broker-dealers should consider incorporating into their procedures. Read more »

Financial Disruptions Alter Retirement Plans for Many

May 2015
Two-thirds of American adults have experienced a disruption in their work life that has had a significant negative affect their long-term financial plans. Read more »

Investors Have Difficulty Valuing Annuities

May 2015
In an attempt to understand why investors do not usually see annuities as a viable risk-transfer option, the Center for Retirement Research at Boston College (CRR) looked for a cognitive bias. Read more »

Fundraising Requirements Loosened for Smaller Companies

May 2015
The SEC adopted final rules allowing small companies to publicly raise money, which is a step toward allowing companies to sell equity via crowd funding. Read more »

Tailor Retirement Withdrawals Based on Your Tax Situation

April 2015
Morningstar’s Christine Benz recommends a flexible approach when choosing which account to take RMDs from in retirement. Read more »

The “Other” Costs of Financial Fraud

April 2015
Victims of financial fraud incur varying degrees of indirect and direct financial costs as a result of the criminal activity. Read more »

The Cost of Postponing IRA Contributions Until April

April 2015
A Vanguard study showed that though making IRA contributions in April is a common occurrence, a “procrastination penalty” exists. Read more »

Determining the Perfect Withdrawal Rate

April 2015
Two professors and a financial adviser have created a methodology they claim can identify the “perfect withdrawal amount.” Read more »

The “Dirty Dozen” Tax Scams for 2015

March 2015
The IRS lists 12 aggressive, threatening actions by scam artists during the early weeks of the 2015 tax season. Read more »

Greater 401(k) Focus on Retirement, But Not Annuities

March 2015
In a recent survey, most employers said they were likely to increase their focus employees' retirement planning this year, but few expressed interest in adding retirement income products to their plan offerings. Read more »

Mutual Fund Managers Don’t Outperform Individual Investors

March 2015
A recent study showed that mutual fund managers are no more successful at managing their own personal portfolios than most individual investors are. Read more »

Target Risk Funds Not Worth the Expense

March 2015
Though target risk funds share some similarities to target date funds, there are key differences; plus, they are also not the most cost-effective investment option. Read more »

Activist Investors Go Public to Prod Company Executives

February 2015
Dissident shareholders who publicly disclose their letters to management may be doing so with the intention of reaching a wider audience. Read more »

Confidence in Financial Skills Unaltered by Worsening Cognitive Skills

February 2015
Analysis of an ongoing study by Rush University Medical Center concluded that older adults experiencing measured declines in their cognitive skills remain confident about their financial management skills. Read more »

Gauging Your Psychological Readiness for Retirement

February 2015
Those near retirement should ask themselves if they psychologically ready to change their lifestyle from being employed full-time to being retired. Read more »

Many Retirees May Benefit From Non-Traditional Strategies

February 2015
A brief from the American Institute for Economic Research challenges two primary guidelines for retirement investing that are considered conventional wisdom. Read more »



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