New Hire Roundup: Marc Seidner Joins PIMCO as Managing Director
Also, BlackRock has named Chip Castille chief retirement strategist, a new position.
Biggest Retirement Income Gap Seen for Oldest Pre-Retirees
If older pre-retirees want to keep up their current standard of living, they have more work to do than younger pre-retirees do on saving.
BlackRock Launches Mutual Funds for Pre-Retirees
A new way for advisors and their older clients to calculate how much annual income they will need in retirement and whether they're on track.
Don’t Worry, Be Happy to Be an Effective Saver
Clients have to feel like they can save for retirement while meeting daily obligations if they’re going to do it, according to a survey by BlackRock.
Only 25% of Workers Confident They’ll Have Enough Money to Retire: BlackRock Survey
A nationwide poll conducted by BlackRock leads to findings that illustrate the problem of insufficient savings for retirement.
BlackRock, Harvard: Retirees Don’t Know What They Want, but It Might Be Annuities
“You don’t get a radically different answer when you change the wording of a question about whether you want chocolate or vanilla ice cream, but with annuities you do,” says Harvard professor David Laibson.
BlackRock: Early Boomers Ripe for Target Date Fund Shake-Up
BlackRock has news for America’s Early Boomers: don’t expect your employer to help you figure out how to spend your DC retirement plan savings.
BlackRock Creates Target Date Fund That Morphs Into a Post-Retirement Annuity
Asset management giant BlackRock has developed a 401(k) target fund that morphs into a post-retirement annuity.