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Private pension accounts shift asset risk away from employers and on to workers.
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But 75percentt said they would shift assets out of a mutual fund that admits wrongdoing.
Portfolio managers that invest in stock markets will shift assets into those faster-growing markets.
Seventy-three percent said they did not plan to shift assets out of mutual funds in the near future.
The allegation that oligarchs exploit Britain's offshore secrecy regime to shift assets out of their own countries is not an uncommon one.
Note that if you shift assets to a spouse who is not an American citizen, you may have to pay gift tax.
Drake said that it would either liquidate the funds, continue to restrict redemptions or allow clients to shift assets to new funds.
That takes time because you cannot shift assets from one type of account to another, which means you have to buy and sell separately in each portfolio.
Retail banking, which accounts for 30percentt of operating profits, is a mature business, with consumers continuing to shift assets out of savings accounts and into brokerage firms.
He also views the higher gift exemption as a "golden opportunity" for same-sex couples, or other unmarried couples, to shift assets.
According to the report, Lehman engaged in transactions that let it temporarily shift assets off its books and in so doing, hide its reliance on borrowed money.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com