Sad Men: The Statistics of Suicide
In 2010 (the latest year for which national data is available), the suicide rate in the general population was 11 per 100,000, according to Health.com. Among older men, the suicide rates were:
Want to Add 130 Bps to Your Clients’ 401(k) Returns? Educate Them
A National Bureau of Economic Research working paper has found that investors who are the most “financially knowledgeable” earn 130 basis points more in risk-adjusted annual returns in their DC retirement plans than “their less sophisticated” peers.
Swiss Firm Brings Together Science, Application in Behavioral Finance
“Prior to the crisis, it seemed there was a belief that a customer in Switzerland is the same as a customer in China, but this is not at all the case for a number of reasons,” Hens said.
How to Fix Social Security Claiming Mistakes by Clients
Too many advisors avoid Social Security planning, but helping clients correct a mistake will lead to increased trust and more referrals.
TDFs Lead Investment for Small-Plan Retirement Savers
Target-date funds are the overwhelming favorite among participants in professionally managed investments, a report released Tuesday by Vanguard found.
What DC Plan Sponsors Want: Education, and Some Personal Attention
Market Strategies International has released a survey explaining DC plan sponsors’ priorities when it comes to choosing a recordkeeper.
Billion-Dollar Pensions, Nonprofits Favor Equities — for Now
Nonprofits and pensions managing $1 billion or more in assets hold a substantial portion of their assets in equities, according to Market Strategies International.
Pre-Retirees Choosing to Work Longer
While the average retiree stopped working at 59, those yet to retire say they want to work until 68, Northwestern Mutual found.
Retirees Suffer as 401(k) Rollover Boom Enriches Brokers
A three-month Bloomberg investigation found that former employees at major companies say sales reps lured them into rolling their 401(k)s into unsuitable investments.
5 Things Senior Clients Wish Their Advisors Knew
More than 200 seniors responded to a survey by LifeHealthPro about their likes, needs, financial concerns, career outlook and asset base.