Practice

And 38% have a target nest egg in mind.

Twenty-six percent of those between 45 and 54 are worried about having to work longer. Overall, 19% dread having to rely on others for support, and among those 18 to 34 years old, this fear rises to 34%.

The SEC will vote on raising the threshold for registration from $25 million to $100 million.

Advisors may want to heed stats noting that Android and iPhone are crushing BlackBerry when it comes to business use and app development.

In the absence of global resolution rules, a hard-to-pronounce buzzword has crept into the debate on winding down big banks: subsidiarization.

How an advisor frames the discussion will determine client decision-making, said Brian Gaffney, CEO of Allianz Global Investors Distributors, and luncheon keynote at the Financial Behavior in Retirement Summit in Chicago on Monday.

Companies, employees and financial advisors all benefit when 401(k) sponsors take plan administrators’ advice.

Helping clients understand who they really are can improve their financial results, said Hugh Massie, founder of Financial DNA, during a talk at the Financial Behavior in Retirement Summit in Chicago on Monday.

Cost, confusion, denial and mistrust of providers are the roadblocks that keep pre-retirees and retirees from planning for their future healthcare needs, said Katy Votava, president and founder of Goodcare, at the Financial Behavior in Retirement Summit in Chicago on Monday.

The Securities and Exchange Commission will vote Friday on new registration rules for hedge funds and private equity funds.