Digital strategies to show boomers they matter
Keeping boomers as a key focus for customer engagement efforts should be a no brainer. What does that entail for banks?
Browsing: Wealth Management
Podcast: Wealth management strategies for serving high-earning women
Forty-four percent of homes have female breadwinners, and women make up a large and growing share of high earners, but wealth management providers don’t always tailor their advice and services to this reality.
ABA supports bill to enhance retirement savings
ABA sent a letter to Senate Finance Committee leaders in support of the Enhancing Retirement Now Act, which would significantly improve retirement savings for Americans. “
ABA, trade groups support Senate Finance Committee’s EARN Act
The proposed legislation includes a number of provisions that would facilitate the establishment and administration of retirement plans.
Banking for Z next generation
Banks gain trust when they deliver financial data directly into the hands of consumers.
ABA raises compliance concerns about RMD proposal for IRAs
ABA this week raised concerns about the Internal Revenue Service’s proposed required minimum distribution rule for retirement plans and IRAs, implementing Sections 114 and 401 of the bipartisan Secure Act of 2019.
Survey: Crypto gaining mainstream market trust
According to a recent survey, around 80% of institutional investors believe that cryptocurrency investments are likely to overtake many traditional investment types and predict mainstream adoption.
Shorter settlement cycle means banks’ brokerage services face challenges
Banks that retain more of their brokerage activity in-house but outsource functions such as trade execution or clearing to third parties will face bigger hurdles.
MSRB proposes to extend SEC’s Regulation Best Interest to bank dealers
The Municipal Securities Rulemaking Board today proposed a rule change that would amend an existing rule on the suitability of recommendations and transactions.
National Bankers Association partners on program to help close the racial wealth gap
The National Bankers Community Alliance, the nonprofit arm of the National Bankers Association, launched a financial wellness program to help minority communities close the racial wealth gap.