Guggenheim to purchase Sun Life unit; CEO Mark Walter building a giant
Even a self-professed expert gets it wrong sometimes
For clients who are within five years of retirement, investment consultants would be wise to heed that well-known value investor Benjamin Graham, who said that the investor “will do better if he forgets about the stock market and pays attention to his dividend returns and to the operating results of his companies.” We believe that an investment strategy that cultivates a substantial and growing cash flow via dividend and interest income can be an attractive solution for retirees who are trying to balance present income needs with future purchasing power. The combined focus on a rising income stream plus acceptable risk-adjusted total return may help keep retirees on path during difficult markets.consultants are rethinking how to help baby-boomer clients build sustainable retirement plans.
The Senate passed a bipartisan budget deal two hours after income tax cuts expired, reaching an after-deadline agreement to undo the potential economic harm of $600 billion in tax increases and spending cuts.
Raising of estate tax exemption to $5M lessens need for policies that shield assets.
Ameriprise workers filed suit in 2011, claiming firm profited from costly plan options
Chance to invest in hard assets can lead to big returns, but rules are complex.
According to a study by Cogent Research LLC, there are stark contrasts between older and younger members of the boomer generation that advisers and asset managers should be aware of.
Demand continues to surge despite pullback by insurance companies of product benefits.
Last week, Massachusetts sued LPL for its sales and marketing of a popular nontraded REIT. Expect the plaintiffs' bar to swoop in as well.
AMT could provide backdoor access to Roth IRA gold mine
Bill introduced to protect tax advantages for 401(k)s, IRAs and the like
DC plan participants jealous of generous defined-benefit plans, study finds
Median balances up substantially; savings still inadequate, though
Judge grants status in high-profile case; baton handed to Prudential
Corporate bellwether's move to annual lump sum match seen as coming attraction; new planning required
