Whether it’s Mary Beth Franklin’s podcasts and columns, Ed Slott’s webcasts, Fred Barstein on retirement plans, or any of the top-notch reporting by Emile Hallez. The reason is clients always have questions and insecurities, according to Natixis’ Global Retirement Index report, released last Tuesday. That news comes in a country ranked 17th for retirement security in the world.
As Emile Hallez reports: “The U.S. ranked higher in the category of finances in retirement, 11th, than it did overall. The country’s ranking in the health category has fallen significantly over the past two years, from 10th in 2019 to 17th this year, in part as a result of the number of deaths caused by Covid and the resulting decrease in life expectancy. The U.S. didn’t even make the top 25 countries in material well-being, with income inequality being a factor. In quality of life, the country was ranked 21st.”
If you’ve read our work on InvestmentNews or RPA Convergence, you know that no matter the area, improving retirement security in the U.S. requires expanding access to savings, and it requires a concerted effort among policymakers, employers and the financial services industry.
The full Natixis report speaks to areas that can be addressed to improve retirement security, and there’s plenty of evidence of what needs to be done. But resolving the issue requires the courage for those parties to step up and to do the work.
Research reveals a 4% year-on-year increase in expenses that one in five Americans, including one-quarter of Gen Xers, say they have not planned for.
Raymond James also lured another ex-Edward Jones advisor in South Carolina, while LPL welcomed a mother-and-son team from Edward Jones and Thrivent.
MyVest and Vestmark have also unveiled strategic partnerships aimed at helping advisors and RIAs bring personalization to more clients.
Wealth management unit sees inflows of $23 billion.
Deal will give US investment bank a foothold in lucrative European market.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
