IFIC survey finds that clients rely more on their advisors during times when the going gets tough
Businesses will have 31 days to comply with the new legislation, after which failures to comply could result in fines as steep as $15,000 per offending call
Having less choices allows an advisor to make better decision for his or her clients
Unprecedented level of interconnection and interdependence between generations will giver rise to changing investment demands in the next few years
But they also added that the changes to the point-of-sale disclosure are impractical for the mutual funds business
Hard asset funds, payout portfolios, enhanced balanced funds and hybrids are the products of choice for today’s clients
The new framework will allow firms to customize the requirements according to their business models
Organization aims to focus on changing two national instruments that apply to mutual funds in the coming year
Oliver Murray of Brandes aims to develop and enhance mutual fund proposition and to improve dialogue with regulators
The theme of this year’s version of the annual conference focuses on setting a course through turbulent times