Demographics

51% of pre-retirees and retirees with incomes between $25,000 and $75,000 had not been contacted by any kind of retirement professional in the past 12 months.

While half of U.S. banks are aware of the opportunity with mass affluent investors and are busy enhancing their online capabilities, the other half believe they distinguish themselves from the Charles Schwabs of the world with in-person advice.

Last month's sudden departure of Citi exec Deborah McWhinney raises questions for brokers, advisors, customers and the firm's executive management team as the company seeks to fill the void.

A new research report from Aite Group found that banks should look to provide better multi-channel offerings to compete with online brokerage firms for mass affluent clients.

Bank of America officially announced Monday the launch of Merrill Edge, a platform geared to the mass-affluent customer segment.

Forty percent say they are likely to invest in cash over the next 12 months, while 23% plan to buy equities, according to survey.

BofA Merrill Lynch advisors amass $244 billion in cash deposits as clients try to circle their financial wagons.

Some parts of the fixed-income market are hard to track with a traditional ETF.

A closer examination of why (and why not) annuities belong in a 401(k) plan.

While blacks were still concerned about rising health care costs and tax rates, that concern dropped by 15% since the last study.

There’s a lot of debate right now about whether putting annuities in 401(k) plans is a good idea or not.

Banks, losing fees elsewhere, are looking to investment services to make up the difference.

New report by Allianz says U.S. pension market is expected to see slower growth.

Things look up for the bank channel after a challenging few years.

The fallout from the financial reform bill is still up in the air, but the wealth management industry expects compliance and service costs to rise.

Fixed annuities, which experienced a sales boom last year in banks, stem the bleeding, while variable annuities finally start trending upward, Kehrer-Limra says.

An 11.4% decline in the S&P 500 Index fails to deter group plan participants’ long-term plans.

Dramatic decrease comes as advisors fret about lack of job growth.

Saving money is back in fashion, and banks are taking notice.

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.