Spending in Retirement
Learn how to best work with clients to determine their optimal retirement spending plan.
Twelve Things Advisors Need to Know and Do
By Danielle AndrusA recent study from MDRT surveyed over 1,800 adults to determine their attitude toward financial planning. From the results, MDRT determined six things advisors need...
August 09, 2010
EBSA, Treasury to Hold Lifetime Income HearingThe U. S. Department of Labor's Employee Benefits Security Administration (EBSA) and the Department of the Treasury plan to hold a joint public hearing on September 14
August 09, 2010
Morningstar Study Says High Fees Are Bad for Investment PerformanceA Morningstar study of the impact of mutual fund fees shows that lower-expense funds outperform higher-expense funds--and expenses are a better predictor of future returns than Morningstar's own star rating.
August 06, 2010
Consumer Credit Fell 0.7% in JuneThe Federal Reserve reported Friday, August 6, that total consumer credit outstanding fell 0.7% in June to $2,418.5 billion from $2419.8 billion in May, a decrease of $1.3 billion.
August 06, 2010
CFP Launches '25 Tips Over 25 Weeks' Consumer Financial Planning InitiativeThe Certified Financial Planner (CFP) Board of Standards is commemorating its 25th anniversary with a "25 tips over 25 weeks" consumer advocacy program.
August 06, 2010
AIG Posts $2.7 Billion Loss on Restructuring ChargesAmerican International Group reported a net loss of $2.7 billion for the second quarter of 2010, or $-3.96 per share, compared to net income of $1.8 billion, or $2.30 per share in the second quarter of 2009.
August 06, 2010
Allianz SE Loses Profits, as PIMCO Helps Unit Double EarningsThe European insurer's North American life insurance unit says premiums were "ahead of expectations."
August 06, 2010
Merrill Lynch Webcast Panelists: Expect Rise in U.S. TaxesWealthier taxpayers, not corporations, likely to bear the burden, say members of a panel hosted by BofA's Merrill Lynch.