US oil reserve sinks to lowest level since 1983 as Iran war grinds on

Fiduciary Decisions Inc. released an investment benchmarking suite designed for defined contribution investment only sales teams, asset managers and retirement plan advisers. The DCIO Investment Lineup Benchmarking Suite is designed to generate reports for advisers or consultants at different stages of the sales and due diligence processes, according to the company’s announcement. The reports provide…

Current retirement plan matching contribution formulas have some room for improvement, according to new research from Vanguard. According to the firm’s “Better Match Formulas for 401(k) Plans” report, released today, employers and employees both stand to benefit from revisions to match formulas that reach mainly higher-income earners. Many workers do not take full advantage of…

With a new Federal Reserve chairman in place and interest rates likely to stay constant, many clients are likely asking you what the next rate decision means for their mortgage, their bond ladder, their equity allocation and their retirement. While most advisors have the federal funds rate at their fingertips, I’ve found very few who…

For the Public FINRA DATA FINRA Data provides non-commercial use of data, specifically the ability to save data views and create and manage a Bond Watchlist. For Industry Professionals FINPRO GATEWAY Registered representatives can fulfill Continuing Education requirements, view their industry CRD record and perform other compliance tasks. For Member Firms FINRA GATEWAY Firm compliance…

Minneapolis Federal Reserve President Neel Kashkari said Wednesday that he thinks higher interest rates are needed now to bring down inflation and avoid more drastic increases later. In a CNBC interview, the central bank official called for a gradual approach that could start in September, though he did not commit to a timetable. Kashkari was…

The Standard Insurance Co., a subsidiary of StanCorp Financial Group Inc., announced Thursday a pooled employer plan for 403(b) nonprofit organizations. The Standard will serve as the pooled plan provider, 402(a) named fiduciary, 3(16) fiduciary and recordkeeper. According to the announcement, The Standard intends to assume most key responsibilities as PPP, including fiduciary oversight, plan…