Advisors are increasingly embracing comprehensive financial planning to compete with robo-advisors that offer low fees but typically only provide portfolio management services. So reports Investor’s Business Daily.

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New research by Personal Capital has found that 70% of millennial parents are willing to prioritize saving for a children’s education over saving for retirement, which is a big mistake, according to numerous financial planners. So reports CNBC.

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Republican Rep. Ann Wagner of Missouri has introduced legislation that would create a new standard for advisors that would fall somewhat between fiduciary and suitability requirements. So reports InsuranceNewsNet.

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The Internal Revenue Service has streamlined rules to simplify taking emergency loans and hardship withdrawals from 401(k)s and similar employer-sponsored retirement plans for victims of Hurricane Irma. So reports AccountingToday.

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Robo-advisor Betterment has inked deals to have Goldman Sachs and Blackrock to expand the range of investment products that it offers clients. So reports Investopedia.

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