Retirement planning

My wife and I have just one grandchild from one of our two sons (with no current plans for a second). The other son and wife are trying but no luck yet.

Mayor-elect Bill de Blasio’s plan to pump $1 billion of New York’s $144 billion in pension assets into apartments for poor and working-class residents faces constraints including competition from banks and declining federal aid.

The Puerto Rico legislature’s move to keep the commonwealth’s teacher pension from running out of cash by freezing benefits and raising worker contributions shows how U.S. municipalities are addressing a $1 trillion retirement- funding deficit by reining in once-ironclad promises.

China plans to raise the retirement age for the first time since the 1950s, as policy makers confront the prospect of a shrinking workforce that damps economic growth.

When a client's loved one needs extra care, financial planners need to be equipped to answer questions and help families find the right resources.

Suggest delaying and many clients will counter that forgoing years of benefits will take a long time to make up. But it's not as long as they might think.

Bank of New York Mellon Corp., the world’s largest custody bank, agreed to repay Massachusetts’ public pension funds $15.45 million to settle fraud claims brought by the state’s top securities regulator.

LPL Financial is promoting one of its own. Bill Chetney is slated to become president of LPL Retirement Partners, where he currently serves as executive vice president.

The largest publicly traded U.S. auto insurer, said pension obligations will reduce fourth-quarter earnings by $100 million to $125 million on costs tied to lump-sum payments for retiring staff.

As Wal-Mart Stores Inc. faces a worker backlash over pay and working conditions, Swedish retailer Ikea Group is stepping up rewards to keep staff happy

The IRS has issued guidance on rollovers within a retirement plan to designated Roth IRAs in the same plan.

For both Roth conversions and required minimum distribution purposes, be sure that the value placed on your investment is one that would pass IRS scrutiny.

The number one Social Security strategy is maximizing both spouses’ benefits. Here are two ways to help clients do this.

Spousal benefits are the meat and potatoes of Social Security planning. Have you helped your clients maximize their situation?

Less than two weeks after Illinois lawmakers broke through decades of gridlock and passed a bill to bolster the worst-funded U.S. state pension system, taxpayers are already seeing the benefits.

Activist investor Carl Icahn’s attempt to get Apple Inc. to return money to shareholders was criticized by the California Public Employees’ Retirement System, the largest U.S. public pension.

Rules, as they say, are made to be broken. Yet as financial planning has grown as a profession, collective thinking has coalesced around a few solid pieces of advice. A panel at the Morningstar Investment Conference on Friday set out to debunk some of those rules and establish new guidelines. Here are a few of the biggest myths they tackled.

Almost half of the advisors in a new FPA study say they don't have a retirement plan; even more fail on business and succession plans.

The enhanced site allows advisors to alter certain components of their profiles at will -- though not their disciplinary history.

Funds specializing in insurance- linked risks such as catastrophe bonds are benefiting as the $30 trillion pension industry increases bets in a market that hasn’t posted an annual loss.