Another 401(k) participant lawsuit surfaced over investments in Chesapeake Energy Corporation. Read how the Fiduciary Committee and Principal Trust violated the Employee Retirement Income Security Act (ERISA) here.
MetLife has announced that Snoopy, the Peanuts character that has been representing the company for over three decades, will no longer be used on their marketing materials. How much do you think his license cost the company each year? Find out here.
More than 55 percent of millennials (young Americans aged 18-34) think their generation is more entrepreneurial than were Generation X, or even baby boomers. However, since many are burdened with massive student debt and don’t have the means to be entrepreneurs, their career options are limited. Read all the facts and stats here.
The cost of living continues to rise for millennials. Find out how much it costs to buy a roll of sushi, as an informal way to measure the spending power of millennials who have taken over the Baby Boomers as the largest living generation that can vote.
The Hersey Trust Company is enduring one of its periodic turns, and the timing is hardly ideal. A leaked internal memo has revealed back-stabbing, allegations of insider trading and the threat of something called a “suicide parachute.” Read the full story here.
Are you familiar with the DALBAR Ratio? Find out how this measurement is proof that most investors are their own worst enemy. Read the full story here.
According to a Fidelity report, millennials have shown the greatest increase in their savings rate compared with any other generation. Find out the percentage increase here.
57% of Americans say their income taxes are too high, but only 55.5% pay income tax. How can this be? Click here to find out.
Despite the growing popularity of online financial advice delivered via robo-advisers, personal relationships with financial advisers remain important to many investors, Allianz Life Insurance Company found in a survey of Baby Boomers and Generation X. Review all the findings here.