Strong Equities Drive Pension Funded Status Increase in June
Pension funded status rose nearly two percentage points to 71.6% in June after falling dramatically in April and May, BNY Mellon reported on Thursday.
Public Pension Earnings ‘Largest on Record’ in Q1
According to the Census Bureau, the first quarter of 2012 brought U.S. public pensions their largest investment earnings on record, dating to 1974.
Women Are Not a Niche
At a recent Barron’s Top Independent Advisors conference, an audience member posed a question to me and my counterparts that seemed like a flashback to the 1970s and ‘80s.
Americans Lack Understanding, Concern for Disabilities’ Effects
Despite the risks posed by disability in retirement, many Americans don’t understand their chances of becoming disabled, a report released May 8 by the American College found.
5 Cool Places for Advisors to Find Clients
Not every advisor wants to live and work in a big city, so AdvisorOne found some areas that have a “cool factor” in addition to a high median income.
Tame Risk for a More Rewarding Retirement
A tidal wave of baby boomers is rolling into retirement and about 76 million people—roughly 10,000 a day—will turn 65 over the next two decades.
Rollovers Drive Increase in IRA Market Share
Cerulli Associates announced Monday that total assets in the U.S. retirement market, including public and private defined-contribution, defined-benefit and individual retirement account markets, increased 9.6% in 2010 to $15.8 trillion.
State Retirement Assets Up 10% in 2010: Census Bureau
Retirement assets in public employee systems increased more than 10% in 2010 to $2.2 trillion, the U.S. Census Bureau reported on Jan. 26.
Why Women’s Retirement Participation Rate Only Looks Lower Than Men’s
While men have higher participation rates in retirement plans overall, when controlled for work status, women consistently have higher participation rates, the Employee Benefit Research Institute announced on Tuesday.
Answering the Public Pension Question
Funding gaps. Benefit cuts. Fiscal reform. Budget repair. No matter where you live today, it’s hard to ignore the challenges that many state and municipal pension systems are facing.