Retirement planning

A new study of high-end advisors finds that their clients are often working longer in order to hold onto their luxuries.

Ever since the recession began, everyone from media outlets to industry gurus have deemed 401(k)s a failure. One recent study is directly disputing that argument.

According to a survey, only three out of 10 retirees saved for health care during their working years.

As the population ages and the Baby Boomer generation enters retirement, incidents of financial elder abuse are growing more common — and accountants need to be more vigilant than ever in looking after their clients’ interests, according to Randy Werner, a CPA and loss prevention specialist at professional liability insurer CAMICO.

Victory Capital Management, the asset management arm of KeyCorp's KeyBank, says it is positioned to quickly expand the assets it manages in collective investment trusts, or CITs, for defined contribution plans, but the effort will not lack challenges.

ING plans to launch a registered indexed annuity called Select Multi-Index next month and is voluntarily registering it with the Securities and Exchange Commission in anticipation of Rule 151A.

Most non-retired Americans doubt they will ever have enough money to live comfortably in retirement, according to a Gallup poll. But Allianz Life Insurance Co., offered a series of tips to help.

A little more than a year after the worst of the financial crisis, many Americans are slipping back into their old saving and spending habits, according to a new study commissioned by the online investing firm Scottrade.

A little more than a year after the worst of the financial crisis, many Americans are slipping back into their old saving and spending habits, according to a new study commissioned by the online investing firm Scottrade.

With nearly half of America’s workforce, 78 million people, without a retirement plan, Prudential is advocating that Congress pass a law to include automatic IRAs and multiple small employer plans in the Pension Protection Act of 2006.

A new report suggests that America will face a significant labor gap by 2018, opening many job doors for Boomers.

Aging and retirement questions are especially critical to lesbian, gay, bisexual or transgendered individuals and couples that are often single, childless and even when they do form families, have no nationally guaranteed legal provisions to help them work through these critical issues.

Last week's initial public offering by the Palo Alto, Calif., company, a retirement plan advisor co-founded by a Nobel Prize winner, affirmed investor belief in a business model offering low-cost sophisticated retirement advice to individual investors.

In recent years, managers of target-date funds have made the argument that target-date funds need to take on added equity exposure and risk to see investors through retirements that could span 30 years or longer.

Fidelity plans to switch its Advisor 401(k) platform to a system where the advisor receives a flat fee from Fidelity instead of several different fees in the form of 12b-1 fees.

Although the Pension Protection Act of 2006 has gone a long way toward addressing many of the issues plaguing the defined contribution system, a report from State Street Corp. said that more has to be done to ensure participants adequately save for retirement.

Financial planners, watch your backs. Financial Engines, a retirement plan advisor co-founded by a Nobel Prize winner, completed an initial public offering Monday that blew the doors off the IPO market and affirmed investor belief in a business model that offers low-cost sophisticated retirement advice to individual investors.

As the defined contribution model replaces the defined benefit plan as the dominant retirement savings option, State Street sees room for improvement.

Buyers of long-term-care insurance chose cheaper policies and more inflation protection in 2009, according to research from the AALTCI.

More people, 69%, are rolling over their 401(k) savings to a new employer’s plan or an IRA when switching jobs, according to Charles Schwab’s analysis of plans between the fourth quarter of 2008 and the end of 2009.