Tag: Advice

Employers place a high value on employee financial literacy, a survey found.

Determining cash flow and examining fixed expenses are crucial in achieving retirement readiness, according to financial advisory firm’s “90/70/30” Rule.”

Employers continue to spend too little time and fewer resources for helping employees understand their employee benefits, a survey from Unum shows.

Retirement planning is an increasing focus for employees, according to a report.

The Retirement Services division of MassMutual enhanced its defined contribution (DC) plan participant statements to help paint a clearer picture of participant retirement readiness.

Practice management seminars and informational materials are among the supports The Hartford rolled out for advisers to explain 401(k)...

Financial education improves plan participants’ knowledge and awareness about saving for retirement. 

Plan sponsors should avoid using “jargon” investment language that some participants do not understand, even terms that would seem to be common knowledge, such as “equity.”

A sometimes-overlooked option for retirement income in defined contribution (DC) plans can help keep participants from outliving their retirement savings, sources said.

The Hartford released a tool that permits savers to set savings and income goals, track their progress and integrate other financial sources.

 Pentegra Retirement Services introduced an online education tool for plan sponsors and participants.   

 John Hancock Life Insurance’s Advanced Markets Group developed two technology tools for funding retirement appropriately, and helping project estate values and taxes.   

Michael Hull and Patrick Hull have launched bluepoint Investment Counsel LLC.

Allianz Life Insurance Company of North America created a planning tool to give investors and advisers a “framework for a retirement income strategy.” 

 Beware of the money trolls, creatures that portray setbacks to saving for retirement in a new Facebook game. 

Being overly accommodating to clients seems like a logical way for plan advisers to run a business—but sometimes it can actually endanger it.

 Only half the clients of advisers surveyed have realistic expectations about the amount of income their investments will provide in retirement, Russell Investments found.  

Retirement plan participants need investment advice, and from the right place, according to panelists at the 2012 PLANSPONSOR National Conference.