Affluent Seniors a Notable Force in Online Financial Pursuits
Affluent seniors over age 70 spend nearly three times as much of their online time on financial matters as those younger.
In Practice
PLANSPONSOR Announces Finalists for 2008 Retirement Plan Adviser of the Year Award
Today, PLANSPONSOR announces the finalists for its annual Retirement Plan Adviser and Adviser Team of the Year awards.
Participation Increased Via Auto Enrollment, but Savings Rates Low
An analysis of about 50 plans in Vanguard’s recordkeeping system that have adopted automatic enrollment suggests it does improve participation rates, but deferral rates for those using automatic...
Tax-exempt Sector Workers Not Maximizing Plan Resources
New research from Fidelity Investments suggests employees of non-profit organizations are not taking full advantage of their workplace retirement plan resources.
Political Differences
Democrats are frequently characterized as “tax and spend″ by those on the other side of the political spectrum.
Switch From DB to DC Lowered Retiree Replacement Income
New research from the Center for Retirement Research at Boston College (CRR) suggests the change in the retirement landscape from predominately defined benefit plans to mostly defined contribution...
Firms Keeping Non-qualified Plans
A majority of employers have no intention of terminating their non-qualified executive retirement plans due to final Internal Revenue Code rules governing these arrangements, according to a survey...
Getting, Keeping Clients Priority for Financial Services Firms
Financial services firms rank the ability to acquire and retain clients as their number one business challenge in 2008, according to a survey by Cerulli Associates.
Advisers Remain Confident in Economy for 2008
A significant majority of financial advisers are confident in the country’s economic prospects, according to the latest Brinker Barometer from Brinker Capital.
You Better Watch Out – And You Had Better Not Blink
Santa Claus is coming to town – for about 34 microseconds.
Financial Advisers Concerned About Market Conditions
When asked what issues would have the most significant impact on businesses in 2008, advisers are most concerned about market performance/volatility (58%), retiring Boomers (54%), and the real...
SEI Says Advisers Most Focused on Communication in ‘08
As the year comes to a close, advisers are planning ahead for 2008 and, according to a recent poll by the SEI Advisor Network, advisers’ New Years resolutions...
Boomers and Retirees Want Retirement Planning Do-over
A new Lincoln Retirement Institute survey of Baby Boomers and retirees (age 42+) reveals the majority would like a retirement planning do-over.
GAO Paints Bleak Picture of Teens’ Retirement Readiness
A new federal report painted a somber picture of the retirement readiness of American teenagers, projecting that 36.8% of today’s 17-year-olds will reach retirement age with no retirement...
Struggle to Keep Up Trumps Retirement Savings Worry
For the first time since 2004, respondents to the Mercer Workplace Survey said they are more worried about keeping up with monthly expenses than saving for retirement.
Few Wealthy Clients Loyal to Their Advisers
Less than 12% off affluent investors responding are loyal to their advisers, according to a survey from Janus Labs, in partnership with private wealth industry expert Russ Alan...
Plan Rollovers Fuel Surge in IRA Growth
A new study finds growth in individual retirement accounts (IRAs) continues to be fueled by rollovers from employer retirement plans – about $200 billion annually – with new...
Western American Boomers More Proactive with Financial Planning
A nationwide survey indicates Baby Boomers from the Western U.S. have a markedly different outlook on their life, health, and money, than do boomers in other regions of...