More dark clouds loom over Wells Fargo
Plus: DOL rule puts advisers between clients and target-date funds, big dividend yields for those with a strong stomach, and companies lean toward auto-IRAs
- Wells Fargo gets yet another black eye as California suspends business relationships with the bank. Criminal inquiries have been opened.
- The DOL fiduciary rule presents financial advisers with new challenges and opportunities when it comes to target-date funds. Establishing a process for selecting and reviewing TDFs.
- It might take a strong stomach, but there are still ways to get 10% dividend yields. Business development companies.
- Should companies that don’t offer 401(k) plans be required to enroll employees in individual retirement accounts? Millions of workers have no 401(k) plan.
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