Retirement Planning
September 16, 2007
Marketing Plans, and a Monte Carlo Webinar
By Mike Patton
In this blog we’ll cover a couple of different topics. I’ll update you on my marketing efforts and provide information on a webinar that you may be interested in attending.
September 14, 2007
Workers/Retirees Hanging Onto Homes
Americans worry about quality of life in retirement, but won’t seek a reverse mortgage, survey finds
By Melanie Waddell
Amid a shaky housing market, the majority of Americans (73%) say they plan to hold on to their homes—one of their biggest assets, while 21% of working Americans who are five years from ...
September 7, 2007
New Tool for Advisors
Fidelity to roll out retirement income tool for affiliated advisors
By James J. Green
Fidelity Investments will be rolling out a Web-based retirement income planning tool during the month of September through its three advisor-servicing units: Fidelity Investments Institutional ...
September 6, 2007
Protecting the Elderly
Congress, SEC, and states vow greater scrutiny of senior fraud
By Melanie Waddell
Lawmakers, the Securities and Exchange Commission, and state regulators are bent on making sure advisors with designations touting expertise when it comes to helping seniors are closely scrutinized.
September 1, 2007
Failure to Compute?
DOL to tell Congress by year-end if computer models are suitable for IRAs
By Melanie Waddell
Are computer models that meet the statutory requirements set out in the Pension Protection Act (PPA) an effective tool to use to provide investment advice to IRA owners and participants in 401(k) ...
Changes Ahead for 403(b)s
New regs will add paperwork and confusion say critics
By Kara P. Stapleton
Retirement plan advisors, distributors, and providers are finding themselves responding on the fly to the trends shaping the 403(b) and 457 markets. ...
NEWS & PRODUCTS, SEPTEMBER 2007
Participants who consistently held accounts in 401(k) plans from 1999 through 2006 increased their account balance at an annual rate of 8. ...
Young Rebel With a Cause
By Elizabeth D. Festa
Among the younger generation of planners, Aaron Coates of Compass Wealth Advisors in Elkhart, Indiana, is a visionary. ...
August 29, 2007
Guaranteed Income Gap Growing
Report finds a disconnect between retirement savings and expected longevity
By James J. Green
A new study on retirement readiness suggests that most pre-retirees seriously underestimate the number of years they will be retired and thus the amount of savings they will need to last them ...
August 24, 2007
Rollovers Up Sharply, Spectrem Report Shows
A big rebound seen from 2000-2004 decline
By Melanie Waddell
According to a report by Spectrem Group, assets rolled over from other retirement accounts, primarily savings type plans such as 401(k)s and 403(b)s, to IRAs in 2007 stood at $489. ...
August 23, 2007
Shedding More Light on the PPA
White paper from The Principal seeks to help advisors navigate their fiduciary duties post PPA
By Savita Iyer
side from guidance issued by the Department of Labor (DOL) earlier this year, which specified that as per the requirements of the 2006 Pension Protection Act
(PPA), an advisor to a 401(k) plan ...
Testing Advisors’ Fiduciary Know-How
Global fiduciary certification program taking hold in the U.S.
By Savita Iyer
The Centre for Fiduciary Excellence LLC (CEFEX), an independent global assessment and certification organization based in Toronto, is putting advisory firms through a rigorous assessment process ...
