Putnam Investments

Advisor only Webcast | Staying unconstrained in today's rate environment | June 14, 2017 | 1:15pm ET

Strategies that maneuver in markets

Headlines you need to know this week — June 20, 2017

Rising health costs may mean lower retirement savings

More than 60% of participants in 401(k) plans in a survey cited concerns about rising health-care costs as the reason for contributing less to retirement plans. Higher health-care expenses also have more effect on men than women, with 72% of women noting they spend less on recreation or entertainment to cover health-care costs, compared with 59% of men.

Financial advisors fight against elder fraud

A financial advisor could be the first line of defense for seniors against elder fraud. Seniors lose about $36.5 billion each year to financial fraud. In 2015, broker-dealer firms reported nearly 2,300 cases of suspected senior fraud. More than half of those cases involved family members, or other third parties, trying to access seniors' accounts, the report stated.

Technology is disrupting the role of advice

The role of financial advisors is changing. New research from the Boston Consulting Group cites technology and better-informed clients as drivers of change. Relationship managers in the future will likely be required to have more financial education and the ability to adapt quickly to technology tools.

Women, millennials lead the way in socially responsible investing

A survey of high-net-worth investors found the number of women and millennials allocating assets to socially responsible investments surged in the past two years. The percentage of millennials who had begun investing in SRI jumped to 28% from 17% in 2015, and for women the number rose to 18% from 9%. More men said they were interested in this type of investing — increasing to 31% from 16% in the prior study.

See what you missed last week

ON TWITTER NOW

15 hours ago Putnam Investments

Advisors: Create and compare hypos for 2 model portfolios under varying market conditions using new FundVisualizer… https://t.co/1Dy9p4KQo7

15 hours ago Robert L. Reynolds

Please join me in thanking John Hill for his many years of service to Putnam. A true fiduciary, a trustee, and a le… https://t.co/UgcAvSltur

1 day ago Robert L. Reynolds

Read Putnam Perspective on Target Date Funds. An essential cornerstone of plan design, but must be used efficiently… https://t.co/Rp3QSpjkIk

1 day ago Putnam Investments

How to avoid triggering #AMT: https://t.co/0AGwHGaw97

2 days ago Putnam Investments

Darren Jaroch, Putnam Portfolio Manager, will be on CNBC’s @PowerLunch just after 2:00pm ET today to discuss the equity markets.