Results for "retirement"
Displaying 3,532 results
401(k) advisory firms creating in-house financial wellness programs
June 19, 2018
Large retirement-plan advisory shops are increasingly adopting their own in-house financial wellness programs as they look to capitalize on an emerging area of client demand, battle ongoing fee compression and try to stand out in a market that's...
The gig economy as a backup retirement plan
May 17, 2018
Today, more than one in three U.S. workers are freelancers in the "gig economy," relying on do-it-yourself employment either as their main source of income or as a side job. Freelancers are expected to grow to make up 40% of the American workforce...
Retirement plan adviser sales mostly for small players
June 2, 2018
The approach of retirement age for many advisers and the need to meet regulatory and technological demands are driving small-plan advisers to sell to larger specialized firms. But massive consolidation that would create an industry of just a...
Factors that determine a retirement plan adviser's value
June 2, 2018
Virtually everyone in the retirement plan business concedes that determining the value of an adviser's plan business is challenging. For one, so many variables determine it, noted Pam Popp, president of Lockton Retirement Services. These include...
Retirement adviser aggregators want teams, not individuals
June 2, 2018
Greater competition and regulatory demands, as well as the need for more spending on technology, are making it increasingly difficult for advisers serving a limited number of retirement plans to continue in that business. Couple those trends...
Consolidation of the defined-contribution market
June 2, 2018
The retirement-plan intermediary space has been "a game of two halves" for many years. Traditional consulting firms have dominated the market for large and mega-size plans, while broker-dealers and registered investment adviser firms have done...
More retirement plan participant data, please
June 2, 2018
To many advisers serving individual investors, the sizable AUM figures of advisers specializing in defined contribution plans are tantalizing. But although the assets under their management may be substantial, retirement-plan specialists sometimes...
FAANGS and other forces that could disrupt business for retirement plan advisers
June 2, 2018
If there is anything that recent history has taught participants in the retirement-plan market, it's that change is coming faster than expected. Regulation and technology are two of the biggest drivers of recent changes, so it's likely they...
Retirement plan advice industry in new growth phase
June 2, 2018
At the inaugural InvestmentNews Retirement Plan Advice Think Tank in New York on March 28 and 29, much of the discussion was about collaboration — between aggregators and providers, and among themselves. Why now, and what were some of the...
Roth conversions can boost Medicare premiums
May 22, 2018
The Tax Cut and Jobs Act of 2017 created generally lower tax rates for 2018 through 2025, presenting an enticing opportunity to convert traditional retirement savings to Roth accounts at today's lower rates. Under current law, individual income...
Almost half of near-retirees fail basic Social Security quiz
May 15, 2018
Near-retirees still have a lot to learn about Social Security retirement benefits and may be leaving money on the table, according to a new consumer poll released Tuesday by Massachusetts Mutual Life Insurance Co. Nearly half (47%) of Americans...
When skewed super-OSJ priorities raise red flags for retirement plan advisers
May 21, 2018
Retirement plan-focused financial advisers have always been a natural fit for the super-office of supervisory jurisdiction model. The specialized nature and large scale of their practices mean that super-OSJs that understand the retirement plan...
Retirement risks keep rising
January 23, 2018
Half of working-age households in the U.S. were on track in 2016 to be able to maintain their standard of living in retirement, according to the National Retirement Risk Index report out this month from the Center for Retirement Research at...
Financial advisers should avoid error by omission and consider reverse mortgages
January 22, 2018
Over the past few years, I have been very outspoken about the need for financial advisers to incorporate reverse mortgages into their practices, especially those acting under a fiduciary duty of care or doing retirement income planning. As a...
Asset managers shift 401(k) distribution toward RIA aggregator firms
May 7, 2018
Asset managers are changing the way they distribute their funds in the 401(k) adviser market, with many allocating more resources to the large retirement-focused advisory firms known as aggregators. Advisers who belong to these aggregator firms,...
Are we calculating investor underperformance in the right way?
June 5, 2017
If I had invested $10,000 into large-capitalization U.S. stocks in January 1926, I would have a portfolio worth $60,351,158 at the end of 2016. Very impressive. This represents an annualized return of 10.04%. Of course, an unfortunate reality...
The worst possible time to retire
May 5, 2018
The outlook isn't good for clients on the verge of retirement today. The probability of being financially secure throughout one's golden years — without severely compromising one's lifestyle or running out of money altogether — depends largely...
State auto-IRA programs poised to catch advisers' attention
March 13, 2018
The first state auto-IRA plan is up and running. OregonSaves, which launched last year, has more than 19,000 individuals and 300 companies participating. What does this mean for financial advisers? Oregon's foray into the retirement arena is...
401(k) advisers vs. institutional consultants: On a collision course?
January 31, 2018
At a recent industry conference that primarily attracted consultants and providers for the largest retirement plans, a Willis Towers Watson representative asked me in the elevator where I was from. I answered, "The dark side." He laughed, but...
Social Security benefits for grandchildren
April 5, 2018
Perhaps it is a sign of the times, but I have noticed an uptick in questions from InvestmentNews readers about the possibility of grandchildren being able to collect Social Security benefits on their grandparent's earnings record. In some cases,...
