Savers Worry They Will Outlive Retirement Nest Egg
Only about one in six people (16%) worldwide is confident their current savings are sufficient to cover financial needs after retirement, a survey found.
News
Best Opportunities in Large-Cap and Dividend-Paying Stocks: BNY Mellon
Investors should bite the bullet and move back into large-cap, dividend-paying and emerging markets stocks, as well as diversify fixed-income holdings, BNY Mellon Wealth Management said.
Vanguard to Launch Short-Term Inflation-Protected Securities Index Fund
Vanguard is expected to offer the Vanguard Short-Term Inflation-Protected Securities Index Fund in the fourth quarter.
Mercer Selects Millennium Trust for IRA Rollover Solution
Mercer's Outsourcing business selected Millennium Trust Co. as the exclusive provider for its clients' automatic IRA distribution needs.
Living Expenses Worry Boomers on Brink of Retirement
One-third of those ages 55 to 65—Transition Boomers—are unsure how much money they will need for living expenses in retirement, a survey found.
Matrix Financial Solutions Enhances RetireTool(k)it
Matrix Financial Solutions updated its Matrix RetireTool(k)it.
ING U.S. Rolls Out Retirement Savings Game
ING U.S. released a new mobile game application designed to help build investment and retirement planning awareness for consumers.
Nontraditional Investments Gain Traction to Generate Income
Financial advisers are more likely to recommend emerging markets and dividend-producing equities, given the current low-yield environment, a survey found.
MassMutual Promotes Cabrera to Southeast Sales Director
MassMutual's Retirement Services Division promoted Niel Cabrera to sales director covering the Southeast region, effective July 1.
New York Life Retirement Plan Services Expands Sales Force
Mark Dehmel joined New York Life Retirement Plan Services as vice president of sales for the Western region of the country.
Half of Those with a Financial Plan on Track to Meet Goals
For those without a plan, only 32% said they are on pace to meet their goals, according to a...
South Carolina Selects Columbia Management as Program Manager
South Carolina chose Columbia Management to be the program manager of its college savings plan.
FSI to SEC: Fee Hikes Would Shaft ‘Main Street America’
FINRA’s proposed fee hikes for new applications and branch office registrations would force many independent broker/dealers (IDBs) out of business, the Financial Services Institute (FSI) said.
John Hancock Unveils Program to Help Show Value
A program designed to help retirement plan advisers demonstrate their value and build stronger client relationships was launched by John Hancock Funds.
Young Investors Have the Power of Compounding
Those who start saving for retirement in their 20s can make nearly double what an investor beginning in their 30s can, because of compounding, research suggests.