Rep. Neal Asks Government Watchdog to Study Hazards of Crypto in 401(k)s
By Melanie WaddellConcerns have arisen about the risks to older Americans who invest in cryptocurrencies in 401(k)s, Neal told GAO.
May 19, 2022
DOL Provides Fiduciary Rule UpdateMeanwhile, Labor had an "interesting conversation" with Fidelity on its new Bitcoin 401(k) offering, EBSA head Ali Khawar says.
May 19, 2022
UBS Adds BNY Mellon Model Portfolios to Platform: Tech RoundupAlso, Invesco teamed with Cerulli Associates to launch a benchmarking index based on Cerulli data.
May 17, 2022
Fidelity Rolls Out New Portfolio ToolThe resource lets wealth managers "demonstrate the benefits of actively managing investments" for clients, says the firm.
May 16, 2022
How Much Will Health Care Cost in Retirement? Most Americans Have No Idea, Fidelity FindsFidelity's annual study found widespread misconceptions about Medicare, HSAs and how much retirees can expect to pay for care.
May 05, 2022
Sen. Warren Presses Fidelity on Bitcoin 401(k) Move"Investing in cryptocurrencies is a risky and speculative gamble," Sens. Warren and Smith told Fidelity CEO Abigail Johnson.
April 28, 2022
Fidelity Hiring Spree ContinuesIt says it will have added 12,000 new jobs in the first three quarters of 2022.
April 26, 2022
DOL Has 'Grave Concerns' With Fidelity's Bitcoin 401(k) Move: WSJCybersecurity consultant John Reed Stark, financial planner Jeff Levine and Morningstar's Christine Benz also aired concerns about the move.