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What Is Derailing Boomer Retirement?
Study after study has demonstrated Baby Boomers’ lack of preparedness and confidence in their retirement savings, and Ameriprise Financial Inc. has attempted to uncover the causes.
Retirement Unpreparedness Is a Global Problem
Lack of retirement readiness is an emerging global crisis confronting governments, employers and individuals, a new study indicates.
Using Coffee to Better Understand Investing
The Vanguard Group launched a campaign that uses coffee to help people better understand the role costs play in long-term investing.
Generation Y Saving Aggressively for Retirement
Young investors are taking the lessons learned during the economic downturn to heart, with those in Generation Y saving aggressively for retirement.
Student Loan Debt Could Affect Retirement
How people deal with their student debt could derail their efforts to save for retirement.
Independence for Advisers Has Its Rewards
According to a study by Fidelity, advisers who moved to an independent model saw the greatest increase in compensation.
Military Families Confident of Financial Planners
Most middle-class military families trust the financial planners they work with, according to a recent survey.
Invesco PowerShares Builds Out Fixed-Income Line
The PowerShares Fundamental Emerging Markets Local Debt Portfolio (PFEM) was unveiled by Invesco PowerShares, trading on the NYSE Arca.
Savant Capital Brings Investment Advice Online
A new service from Savant Capital Management, eSavant Advisor, offers investment and planning advice to online investors.
Fidelity Debuts Target Volatility Portfolio
The Fidelity VIP Target Volatility Portfolio is designed to deliver more consistent returns in guaranteed benefit products.
RIAs Continue Driving Mutual Fund Growth
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.
Adviser Confidence Takes Dive in April
Advisers believe the market is due for a pullback and the economy remains fragile, according to WealthManagement.com’s Advisor Confidence Index.
Retirement Readiness a Top Priority for Plan Sponsors
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.
Council Addresses Real Estate as DC Plan Investment
A trade group has been formed to educate plan sponsors and consultants about how investing in commercial real estate may enhance retirement security for defined contribution plans.
LIMRA Reports Financial Literacy Failings
LIMRA asked 2,000 Americans a series of basic financial and retirement questions—and one-third failed the test.
NYC Pension Funds Sue BP
The New York City Pension Funds have filed a lawsuit against British Petroleum (BP).
How’s He Doing? A Review of Bob Doll’s Forecast
The good, the bad and the uncertain are the ratings for economic forecasts by Robert Doll, chief equity strategist at Nuveen Asset Management.
Avoid Family Fights Over Heirlooms
Who gets the bearskin rug? The Limoges tea set? Dividing family heirlooms after a death can be a headache.
Adviser Access Has ‘Material’ Impact on Savings
Americans are on track to replace 61% of their current income in retirement, according to the third annual Lifetime Income Survey by Putnam Investments.
Don’t Be an “Accidental” Fiduciary
With regulatory changes coming, advisers need to reconsider their fiduciary status.