Retirement Income

Retirement Income Planning

Yet another interesting article from Darla Mercado at Investment News discusses the push among financial advisors to consider annuity purchases in the context of a larger retirement planning process.

Putnam Investments is Positioning Itself at the Forefront of the Retirement Income Industry

Both the Obama Administration and Congress are considering ways in which Americans can become more aware of the need for guaranteed lifetime income .
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Demand for Talent is Strong in the Retirement Income Market

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.

Senate Bill 2832 Could Transform Retirement Income Market

While an initial step, Senate bill 2832 could set the course for significant changes in the retirement income industry. The bill would amend the Employee Retirement Income Security Act (ERISA) which governs defined contribution plans such as the 401k . Plan sponsors would be required to provide plan participants with an annual statement that shows what the value of their retirement account would be in terms of guaranteed monthly payments--in other words, annuity payments . The bill is intended...

Teresa Ghilarducci on Pension Reform

Teresa Ghilarducci is a staunch advocate of comprehensive...

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