Franks Givings
Nevin E. Adams
July 3, 2008—When it comes to the best Major League Baseball hotdogs, it’s a tale of two cities.
Taking a Closer Look at Target-Date Funds
Ellie Behling
July 2, 2008—A consultant at Russell Investments offers 12 nuggets of advice for selecting target-date funds for DC plans.
Participants at Large Companies Fall Short in Savings
Rebecca Moore
July 1, 2008—Research from Hewitt Associates found that on average, employees are projected to replace 85% of their income in retirement when they need much more.
Retirement vs. College: The Savings Debate
Ellie Behling
June 30, 2008—Parents are feeling more stretched about where to allot their savings, according to research from Putnam Investments.
401(k) Equity Allocation Out of Whack, Study Says
Fred Schneyer
June 27, 2008—A Vanguard study said that 43% of 401(k) plans lack the correct equity exposure.
The Pool of Advisers Continues to Shrink
Ellie Behling
June 27, 2008—Cerulli estimates that the U.S. has lost about 3,000 financial advisers in the last few years.
Not Every Man is for Himself, Study Says
Ellie Behling
June 26, 2008—Affluent men hope to teach their offspring about money matters and inheritance, according to a survey by a wealth management firm.
Retirement Savings Tab Just Got Bigger
Rebecca Moore
June 26, 2008—Another estimate from Fidelity Investments adds to the financial resources individuals need to save for retirement.
Deferral Rates Depend on More than Company Match
Rebecca Moore
June 24, 2008—When deciding how of their income to defer into a retirement plan, participants’ decision varies based on the influence of outside sources, plan design features, demographics, and their general financial attitudes.
Women Trust Advisers Over Cyberspace
Ellie Behling
June 24, 2008—Although the Internet is the first place they tend to start their search, women said advisers and other human sources are the most effective way to absorb financial information, according to a new study.
Most Expect to at Least Get By in Retirement
Nevin E. Adams
June 24, 2008—They may not be cheerfully optimistic, but most workers feel they’ll be able to at least “get by” in retirement.
Fiduciary Concerns on the Rise, Advisers Say
Ellie Behling
June 23, 2008—Three out of four advisers have observed heightened fiduciary concerns from plan sponsors since last year, according to a survey by Putnam Investments.
Workers Globally Confront Lack of Retirement Preparedness
Rebecca Moore
June 18, 2008—Many full-time workers in developing and mature economies, not just the U.S., have taken few or no steps to plan for retirement.
Boomers Save the Best for Last in ‘Encore Careers’
Rebecca Moore
June 18, 2008—A new survey indicates that the Baby Boomers who continue to work past retirement age are not only seeking income, but also social impact and personal meaning.
DB Plans Outperform 401(k)s
Rebecca Moore
June 18, 2008—Rates of return for defined benefit (DB) pension plans outpaced those for employee-directed 401(k) plans over the last decade, according to an analysis by Watson Wyatt Worldwide.
Fund Managers Don’t Wear Their Own Brand
Ellie Behling
June 18, 2008—Morningstar found that mutual fund managers commonly shop outside their own funds.
Tide Shifts for Open-End Mutual Fund Market
Rebecca Moore
June 17, 2008—For the first time since their creation, open-end mutual fund launches were eclipsed by the combined introductions of ETFs, closed-end funds, and variable annuities in 2007.
Affluent Boomers Express Top Retirement Concerns
Ellie Behling
June 16, 2008—Although more affluent investors are choosing to work in retirement to supplement their income, few are choosing to meet more often with their adviser, a study by Cogent Research says.
Lifecycle Funds: the QDIA of Choice?
Rebecca Moore
June 13, 2008—Nearly eight in 10 (78%) employers surveyed by Fidelity Investments already offer a QDIA, with most (63%) holding lifecycle funds as the QDIA.
Retiree Longevity Risk Heightens
Rebecca Moore
June 12, 2008—The risk of outliving savings in retirement is now a little greater as preliminary data for 2006 shows that life expectancy hit another record high.
