Income Planning
Learn what experts and top advisors say about the best ways to work with clients to determine and build successful retirement income plans.
Industry Groups Press DOL for ‘Progress Report’ on Fiduciary Redraft
By Melanie WaddellThe Financial Services Institute and Financial Services Roundtable are pressuring the Department of Labor to release a progress report on the departments redrafting of its rule amending the definition of fiduciary under ERISA.
March 12, 2012
Vanguard to Help Educate Consumers on Investment CostVanguard announced Monday that it planned to use a new online cost calculator, social and traditional media channels, and online ads to educate investors about how to pay attention to the price tag of their investments.
March 12, 2012
Universal Life Insurance Premiums May Rise Under NAIC ApproachAn approach adopted by a National Association of Insurance Commissioners group would require insurance companies to adjust asset reserve levels associated with UL insurance products, and any increases in the requisite reserves would likely result in a corresponding rise in premium levels.
March 09, 2012
Gen X and Y Investors Worry Retirement Savings Won't Be EnoughOnly a little more than one-third of investors between the ages of 21 and 50 are confident they will have enough money for retirement, according to a study released Thursday by T. Rowe Price.
March 07, 2012
300% Hike in Dividend Tax Will Starve Economic Engine, AEI Scholars SayTwo scholars at AEI say Washington is about to tax, and thereby make more scarce, the fuel that drives investment in the economy. The sharp tax spike well likely also depress stock market performance.
March 06, 2012
Pension Funded Status at Highest Level Since August 2011Pension funded status rose to more than 76% in February after five consecutive months of equities rallies, BNY Mellon reported on Friday.
March 05, 2012
Social Security Secret: Advisor’s Dogged Pursuit Bears Fruit for ClientsHow Evensky Katz advisor Brett Horowitz pursued answers from the Social Security Administration to confirm a little-known filing procedure that greatly benefits recipients.
March 01, 2012
401(k)s to Overtake Pensions as Primary Retirement Vehicle in 2012For the first time, in 2012, more people will be saving for retirement in 401(k)-type plans than in traditional pensions, and that means employees need better guidance from plan sponsors, State Street Global Advisors reported in late January.