Retirement planning

For financial planners, it means they might have to work a lot harder to get younger investors to recognize the value of investing in stocks.

Almost seven in 10 U.S. households that own traditional IRAs have developed strategies for managing income and assets in retirement, according to a study released last week by the Investment Company Institute.

Retirement plan advisors’ top five concerns include new disclosure rules, market volatility, finding greater flexibility and customization in plans, measuring a given plan’s success and an expected redefinition of fiduciary status.

Eight in 10 advisers who sell annuities report that they are having more client discussions about retirement income planning than they did five years ago. And those discussions are becoming more emotional, according to a new report, “The Evolution of the Annuity Industry," released by the Insured Retirement Institute (IRI) and Cogent Research.

Living more frugally and paying off debt has paid off for one in five retirees -- but fewer are looking out to the future to estimate how long their assets will last in retirement.

Living more frugally and paying off debt has paid off for one in five retirees—but fewer are looking out to the future to estimate how long their assets will last in retirement.

Not only do Americans expect to work longer to save enough for retirement, they expect to work way longer beyond that. New research by Wells Fargo shows that the anticipated retirement age has now stretched as much as 15 years past age 65.

Not only do Americans expect to work longer to save enough for retirement, they expect to work way longer. New research by Wells Fargo shows that the anticipated retirement age has now stretched as much as 15 years past age 65.

Banks may be on shaky ground, but 43% of Americans see them as a trusted source for retirement advice, according to a survey by Hearts & Wallets. This is an increase from 41% a year ago.

Banks may be on shaky ground, but 43% of Americans see them as a trusted source for retirement advice, according to a survey by Hearts & Wallets. This is an increase from 41% a year ago.

Only 4% of plan sponsors have established goals to engage workers younger than 35 in their defined contribution plans, even though they know the younger generation's participation and contribution rates lag their older colleagues, a survey by Greenwich Associates for Northern Trust finds.

Prudential Retirement has launched a website dedicated to assisting plan sponsors and advisers help Americans put aside the money they’ll need for retirement and guarantee a sustainable source of income throughout its duration.

Prudential Retirement has launched a website dedicated to assisting plan sponsors and advisors help Americans put aside the money they’ll need for retirement and guarantee a sustainable source of income throughout its duration.

When it comes to saving for their retirements, more and more Americans admit they’re not saving enough -- or not earning enough -- to ensure they’ll have the cash they’ll need to ride out their golden years in style.

A new research study found that when people were shown age-progressed images of themselves depicting what they’d look like at 65, working-age adults were willing to allocate almost 33% more of their paychecks to their retirement accounts than those who didn't get a sneak peek at their future faces.

J.P. Morgan Asset Management is advocating a fundamentally different approach to defined contribution plans by stripping down offerings and complexities to a menu of just three choices: a diversified stock portfolio, a diversified bond portfolio and one offering diversified cash alternatives.

Fringe Benefit Administrators will keep its name under the Lincoln Trust umbrella, and expand the Denver firm’s presence in the Southeast.

Education Secretary Arne Duncan urged a special advisory council to dig deep as it crafts recommendations for improving Americans' financial literacy though education and training programs, arguing that personal finance should be integrated early into the curriculum as a core subject.

To simplify or not to simplify?

Bank of America Merrill Lynch’s new data on 401(k) plan sponsor clients and plan participants shows that new loan issuance transactions are at record lows, while hardship withdrawals and total distribution amounts are at record highs.