Putnam

Morningstar recently published findings from a study that ranks U.S. fund managers based on the amount of wealth they have created or destroyed for their clients over the past decade.

Both the Obama Administration and Congress are considering ways in which Americans can become more aware of the need for guaranteed lifetime income .

A recent study by IbisWorld estimates that the cumulative revenue growth in the retirement planning industry over the next decade will be 134%. Demand for skills in and around retirement income products and distribution is very high at the moment, and this will likely continue to be the case.

Putnam Investments President and CEO Robert Reynolds has been a consistently vocal advocate of retirement reform. Reynolds believes that the retirement planning landscape requires revamping so that annuities and other sources of guaranteed retirement income play a more prominent role. During a recent industry conference, Reynolds discussed the notion of a "product allocation" in the context of retirement finances: A crucial part of the reform effort is helping to protect workers` savings as...