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LIMRA this week debuted Ready-2-Retire, an interactive web application that gently navigates pre-retirees through a retirement preparation guide that advises them of various risk factors as they age and provides an opportunity to prioritize their so-called "bucket list."

In the last 18 to 24 months these proudcts have become increasingly available to the mass affluent because of a reduction in costs and an increase in efficiency, said AJ Harper, managing director of Lockwood Advisors, an affiliate of Pershing, in an interview at the Money Management Institute annual conference.

The subsidiary of Prudential plc reported total sales and deposits of more than $5.7 billion in the first quarter, up 31% from the year-ago quarter and up 5% from the fourth quarter.

Their plans are evidenced in a survey by Harris Interactive for Aberdeen Asset Management.

These four firms might be able to capture the $350 billion that affluent investors plan to roll over from their workplace retirement savings plan to an IRA.

But investors redeem $1.9 billion from equity funds.

BOSTON - The future of the investment advisory industry depends on reducing the cost of doing business, said Mark Casady, Chairman and CEO of LPL Financial, in the opening keynote at the Money Management Institute’s 2011 annual convention, which kicked off Wednesday here.

With the ongoing probes as to how the Dodd-Frank Wall Street Reform and Consumer Protection Act could affect the financial marketplace, Riverside Risk Advisors executives are predicting new margin rules in the derivative sector will have significant impact on pension plan investment transactions.

The “magic” 5% tax-free yield is ­sustaining strong demand from retail investors.

Top House Democrats attempted to halt momentum Wednesday for a bill to delay by 18 months the derivatives provisions of the Dodd-Frank Act.