The Centers for Medicare & Medicaid Services (CMS) on Friday announced the 2017 premiums for the Medicare inpatient hospital (Part A) and physician and outpatient hospital services (Part B) programs. See news release.

1. A new analysis from Cerulli Associates projects the digital advice market will continue to grow strongly through the end of the decade—but at the same time, it is unlikely that human advisers will fall out of favor. “We believe that it is essential for traditional financial advice providers to view digital advice delivery not as a force that will displace them, but instead as a way to broaden their opportunity to deliver deeper levels of advice to a wider client base,” says Scott Smith, director at Cerulli. Read more.

2. Morningstar argues the increased savings benefits measured among managed account users are likely to outweigh the costs of such products over target-date fund (TDF) pricing. Read more.

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