Retirement Planning

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When you should, or shouldn’t, recommend more protected lifetime income
RETIREMENT OPINION JAN 17, 2024
When you should, or shouldn’t, recommend more protected lifetime income

Here are some of the key characteristics that may make some clients better candidates for such a solution than others.

By David Blanchett
TIAA brings hip-hop artists together for sponsored track about retirement saving
RETIREMENT RETIREMENT PLANNING JAN 12, 2024
TIAA brings hip-hop artists together for sponsored track about retirement saving

The song, 'Paper Right,' is part of the company's Retire Inequality campaign.

By Emile Hallez
401(k) settlements went way up in 2023
RETIREMENT RETIREMENT PLANNING JAN 11, 2024
401(k) settlements went way up in 2023

There were far fewer cases filed, but employers and their insurers agreed to big payouts for previously filed litigation.

By Emile Hallez
Most Democrats support DOL advice proposal in House hearing
RETIREMENT RETIREMENT PLANNING JAN 10, 2024
Most Democrats support DOL advice proposal in House hearing

'We ought to require the best interests of the investor to be protected and we’ve got some loopholes to fill,' says top Democrat on the panel.

By Mark Schoeff Jr.
Understanding the behavioral benefits of annuities
RETIREMENT OPINION JAN 09, 2024
Understanding the behavioral benefits of annuities

Financial professionals tend to emphasize the strong quantitative benefits annuities provide, yet it’s the emotional and behavioral benefits that often make them the ideal choice for consumers.

By Philip E. Caminiti
Real estate takes top spot in estate planning survey
RETIREMENT RETIREMENT PLANNING JAN 09, 2024
Real estate takes top spot in estate planning survey

Advisor explains how to guard against pitfalls and family tensions when clients pass on their family home.

By Gregg Greenberg
3M to freeze its pension plan
RETIREMENT RETIREMENT PLANNING JAN 08, 2024
3M to freeze its pension plan

The move follows a significant rise in the funded status of corporate defined-benefit plans.

By Emile Hallez
Hub International adds new acquisition to its South Florida practice
RETIREMENT RIAS JAN 08, 2024
Hub International adds new acquisition to its South Florida practice

Latest deal will help expand the firm's reach and capabilities in the region.

By Steve Randall
Congratulations, mountain mamas! West Virginia tops retirement survey
RETIREMENT RETIREMENT PLANNING JAN 05, 2024
Congratulations, mountain mamas! West Virginia tops retirement survey

12.5% of West Virginians say they are 'very satisfied' with their current nest eggs.

By Gregg Greenberg
Wrong birthday info led to $130K in RMD penalties, plaintiffs say
RETIREMENT RETIREMENT PLANNING JAN 05, 2024
Wrong birthday info led to $130K in RMD penalties, plaintiffs say

A Wells Fargo client who was born in 1939 had his birthdate incorrectly recorded as 2001, according to a lawsuit.

By Emile Hallez
Can AI explain annuities better than a human advisor?
RETIREMENT RETIREMENT PLANNING JAN 05, 2024
Can AI explain annuities better than a human advisor?

This AI product doesn't want to take your job, and it might make it easier.

By Steve Randall
Tifin, Franklin Templeton partner on financial wellness solution
RETIREMENT RETIREMENT PLANNING JAN 04, 2024
Tifin, Franklin Templeton partner on financial wellness solution

Tifin @Work is an advice platform powered by AI that plan sponsors can provide to their employees.

By InvestmentNews
Industry, investor advocates square off in comment letters about DOL advice rule
RETIREMENT RETIREMENT PLANNING JAN 02, 2024
Industry, investor advocates square off in comment letters about DOL advice rule

Battle lines drawn again as trade associations call on DOL to withdraw proposal, while proponents say measure fills a regulatory gap.

By Mark Schoeff Jr.
Catholic 401(k) MEP will screen funds for morality
RETIREMENT RETIREMENT PLANNING JAN 02, 2024
Catholic 401(k) MEP will screen funds for morality

A forthcoming multiple-employer plan aims to help nonprofit and for-profit Catholic affiliates avoid exposure to investments that Catholics might find objectionable.

By Emile Hallez
Record number of pension-risk transfer contracts sold in Q3: Limra
RETIREMENT RETIREMENT PLANNING DEC 22, 2023
Record number of pension-risk transfer contracts sold in Q3: Limra

The number of contracts sold in the third quarter marks a 39% increase from the prior year.

By InvestmentNews
What's behind Vestwell's $125M Series D funding?
RETIREMENT RETIREMENT PLANNING DEC 21, 2023
What's behind Vestwell's $125M Series D funding?

CEO Aaron Schumm talks about the long game in the state-plan market and mentions that Vestwell is exploring lifetime income.

By Emile Hallez
Aon buys wealth manager for $13.4B
RETIREMENT RETIREMENT PLANNING DEC 21, 2023
Aon buys wealth manager for $13.4B

The deal for NFP will bring together a shared commitment to client excellence, the companies say.

By InvestmentNews
Advising armed forces members past and present
RETIREMENT RIAS DEC 20, 2023
Advising armed forces members past and present

Andrew King, co-head of Tax Policy & Research for Goldman Sachs Ayco, explains how to help U.S. service members and veterans avoid a battle with federal bureaucracy to get financial benefits.

By Gregg Greenberg
US pension plans pour billions into private credit
RETIREMENT RETIREMENT PLANNING DEC 19, 2023
US pension plans pour billions into private credit

Calpers among plans with around $100B invested in the growing sector.

By Bloomberg
Americans pledge to make positive changes to finances in 2024, says Allianz
RETIREMENT RETIREMENT PLANNING DEC 18, 2023
Americans pledge to make positive changes to finances in 2024, says Allianz

With inflation stressing people out, they are prepared for action in the new year.

By Steve Randall