In Practice

Financial advising as a career for women is projected to grow 32% from 2010 to 2020, according to the Bureau of Labor Statistics. 

Independent broker/dealers and RIAs continued outpacing wirehouse firms in long-term mutual fund asset growth in the first quarter, according to Access Data and Strategic Insight. 

Whether employees will have enough income in retirement is the hot topic of the industry.

Advisers believe the market is due for a pullback and the economy remains fragile, according to WealthManagement.com’s Advisor Confidence Index.

A recent Deloitte survey found employee retirement readiness continues to be a top priority among more than three-quarters (78%) of 401(k) plan sponsors.

The demand for managed accounts is increasing as plan sponsors seek to provide participants with more customized solutions, Fidelity Investments says.

A six-year analysis of small businesses’ retirement plans by Fidelity Investments shows both sponsor and participant commitment during the recession.

Service providers for defined contribution plans have increasingly taken on responsibility for the plans.

About half of retirees (49%) carry debt into retirement, says a survey conducted last month by Securian Financial Group.

An ICI research report on defined contribution (DC) participants’ activities found that the majority continued to save in their workplace retirement plans in 2012.

Registered investment adviser (RIA) assets are expected to account for approximately one-quarter of industry asset marketshare by the end of 2014, according to Cerulli Associates.

A survey of retirement plan advisers (called “consultants” in the study) said they must make changes if they want to increase sales and retain more business. 

If there’s a magic number that helps people feel optimistic about a successful retirement, it’s half a million, according to Maritz Research.

Many Gen Xers are on the right track to reach retirement, according to a study from the MetLife Mature Market Institute.

EBRI research suggests people who own more than one type of retirement plan are more likely than others to invest a higher percentage in equities.

 Americans are on track to replace 61% of their current income in retirement, according to the third annual Lifetime Income Survey by Putnam Investments.   

Only 30% of 401(k) plan participants said they “paid attention” to the fee disclosures they received last year, according to the quarterly Wells Fargo/Gallup Investor and Retirement Optimism...

April 24, 2013 (PLANSPONSOR.com) – What is financial literacy and how does it impact employers’ retirement plans?

Although nonretired Americans' optimism surged from -8 in November to +38 this spring, retired Americans' optimism only saw a slight increase, from -5 to +7.

Three-quarters of people prioritize long-term planning over short-term performance, a study found.