There is plenty of demand for retirement planning.
Regulators give OK as long as both positive and negative comments are included.
Cerulli Associates research finds retirement rollover contributions reached $321 billion as of year-end 2012.
The financial crisis of 2008 most likely taught members one hard lesson – no one wants to lose their money like that ever again.
Baby boomers collectively represent nearly half, or 44%, of the affluent investor population, and as such, are justifiably a group of great interest to credit unions and other financial service providers.
Credit union-affiliated households hold one-half of all personal financial assets in the U.S., and the industry has a reputation for being a trusted financial services provider.
The 2012-2013 Credit Union Investment Services Benchmarking Study was conducted by management consultant firm Kehrer Saltzman & Associates.
Now that Bank Transfer Day has come and gone, some credit unions have been working hard to expand those new relationships centered on one facet that longtime members often tout: loyalty.
Participation in the pilot program, which began this week, is voluntary and open to cases involving claims of $50,000 or less, FINRA said.
The $930 million New England Federal Credit Union is the latest to sign on with broker-dealer CUSO Financial Services LP.