In Practice

The education policy statement (EPS) is an important element of retirement plan fiduciary management, according to a Transamerica Retirement Services white paper.

 The U.S. retirement income system advanced from 10th last year to 9th in the 2012 Melbourne Mercer Global Pension Index.   

High-net-worth younger investors, or accumulators, could be a key market for advisers, according to a study by the research firm Hearts & Wallets.

Plan sponsors and fiduciaries can learn from federal court findings in Tussey v. ABB Inc., and should avoid overly detailed investment policy statements (IPS), a white paper asserted.

Most households with $100,000 to $500,000 in investable assets for retirement have no formal retirement income plan or are not engaged with a financial adviser.

Bank of America Merrill Lynch (BofA) makes the case for automatic enrollment, automatic escalation, company matches, education and advice,...

More companies and participants are putting money into their plans, and at higher rates than in previous years, Plan Sponsor Council of America(PSCA) found.

Transition Boomers—those less than 10 years from retirement—agree that rising health care costs will have the greatest effect on their retirement outlook.

Most advisers believe the American Dream is alive, but that Millennials will have a harder time attaining the economic status of their parents, a study found.

Baby Boomer women are more uncomfortable, worried or concerned than Boomer men about their current and future financial situation, according to AARP.

Sixty percent of workers surveyed now consider the workplace a “very important source” for their personal insurance and savings products.

Independent broker/dealer Securities America has designated October “Continuity Planning Month” to address the gap in understanding of the difference between continuity plans and succession plans.

Customer relationship management (CRM) software is not just “contact management on steroids,” according to a source at Schwab.

More than 62% of Baby Boomers plan to remain in the state they live in upon retirement, according to a PluteGroup study.

Multidiscipline practices (MDP) offer benefits to advisers and their clients, but face some unique obstacles, according to a study by NFP Advisor Services Group.

Fidelity Investment’s Broker and Advisor Sentiment Index measures 7.6 on a scale of zero to 10.

The number of Fortune 100 companies offering new salaried employees only a defined contribution (DC) plan rose in 2012, a Towers Watson survey found.

 Employees are making some positive changes to their retirement planning, but poor money management skills and long-term economic challenges present major obstacles.   

Despite efforts to improve defined contribution (DC) plan participation and savings, employers lack confidence in the retirement readiness of their employees.