In Practice
Value of Retirement Benefits Sees Double Digit Decline over Decade
U.S. workers saw the value of their employer-sponsored retirement benefits - as measured by percentage of pay - decline by double-digit levels over a 10-year period ending in...
What Advisers Do Online
Financial advisers spend over 23 hours per week online at industry, social, and asset manager sites, according to a recent study by kasina.
More African Americans Cut 401(k) Deferrals during Downturn
The latest Ariel Black Investor Survey found that African American investors were twice as likely to have cut their 401(k) contributions to survive the recession than were their...
Aon Explores Alternative Remuneration
Aon Corp. announced today that it will resume accepting various forms of compensation for its brokerage business where appropriate.
BofA Merrill Lynch Finds Participants Continue to Make Positive Savings Steps
Bank of America Merrill Lynch’s Quarterly Scorecard on activity within its proprietary 401(k) business finds positive savings actions by 401(k) participants continuing to trend higher.
ETF Assets Fall in June
State Street’s latest ETF Snapshot reveals assets in the U.S. exchange traded fund (ETF) industry totaled approximately $772 billion as of June 30 – down $11.7 billion or...
Americans Report Economic Concerns
A Bloomberg National Poll found that more than seven out of 10 Americans (71%) believe the economy is stuck in recession, and another 13% expect a backslide from...
Rich Americans Could Also Deplete Retirement Nest Egg
Some 64% of Americans in the two lowest pre-retirement income levels will be running short of money after 10 years in retirement, a new study found.
Custom TDFs the Prime DCIO Opportunity
Cerulli Associates contends the growth opportunity for defined contribution investment only (DCIO) asset managers lies within custom target-date funds built for large plans (those with between $100 million...
Some Say Financial Planners More Important Since Financial Crisis
A new national opinion poll conducted for Certified Financial Planner Board of Standards finds nearly two out of three Americans (65%) are more concerned about their finances today...
Americans Cite Obstacles to Savings Goals
The American Express Spending & Saving Tracker finds that consumers’ savings goal for the year has decreased since the beginning of the year, down to an average $12,000 from $14,000...
Investors Move out of U.S., into Emerging Markets
A BofA Merrill Lynch survey reports major changes in investor sentiment for the global economy and corporate earnings.
Survey Reveals "Must-Have" Technologies
The results of a recent survey of financial advisers reveal the "must-have" technologies for running a more efficient and profitable advisory business.