National Save for Retirement Week Set for October
In order to encourage Americans to make saving for retirement an everyday event, the government is set to dedicate a whole week to it.
Practice Management
What Firms Need to Capture the Mass Affluent
Celent researchers propose strategies for advisory firms to win the fight for the mass affluent.
Affluent Most In-Demand for Retirement Income Services
TowerGroup says advisers should use a “holistic″ approach to tap the lucrative market of providing retirement income services to affluent investors.
More Wealth Means More Demand for Trusted Advisers
The increasing number of high-net-worth individuals (HNWI) worldwide means an increased need for talented advisers.
New HNW Markets Require New Strategies
Wealth management firms need to adapt existing strategies to meet the needs of new markets in the high-net-worth bracket, according to the ‘World Wealth Report.’
Using Plan Data to Improve Features and Operations
In addition to facilitating administrative and fiduciary functions, retirement plan data can help plan administrators decide on value-added plan features and services.
Game Plan: Making 401(k) Plans a Little More Fun
Motivating employees to participate in the plan requires creative strategies—from serving cookies to visiting the oil rig where they perform their job.
Perspective: Establishing Fees
In part two of our series on incorporating financial planning services into qualified plans, we’ll analyze profitability margins and work on setting competitive market rates for plan participants.
Virtual Reality
The popular virtual world of Second Life is on the road to becoming a communication tool in the financial world.
CA Assembly Approves Opening CalPERS to Private Sector
California’s Assembly voted 42 to 28 for the California Public Employees' Retirement System (CalPERS) to oversee a separate and voluntary investment program for private workers.
Talking to Twentysomethings
Because “401(k)″ is likely not being renamed any time soon, advisers might need to find more effective ways of getting around opaque financial terms with the new breed...
Small-Plan Sales on the Rise
Despite current economic strains, ShareBuilder reports surging sales of small business 401(k) plans.
Fiduciary Responsibility Is Most Important Plan Sponsor Issue
Fiduciary responsibility and fee transparency are at the forefront of important issues in the 401(k) market, an informal survey of retirement plan consultants says.
Y Not?
Young adults remain an untapped market for financial advisers, says Mintel research firm.