Retirement Income Articles

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Over Half Of Millennials Believe Professional Advice Would Be Helpful

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However, they are more likely to consult family and websites than a financial advisor for their financial planning needs, according to a recent survey by the Nationwide.

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Consumer Federation Seeking Advisor Horror Stories From Investors

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The Consumer Federation of America is seeking advisor horror stories from retail investors to fight industry objections to having the Department of Labor developing a fiduciary rule.

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Fidelity Tells How Advisors Can Help Retirement Plan Sponsors

by FA Staff

Retirment plan sponsors put employees' retirement readiness first, Fidelity says.

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Close IRA Loopholes For Wealthy, Says GAO To Congress

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Congress’s investigative arm is urging lawmakers to close loopholes on significantly undervalued assets in IRAs.

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Some Near Retirees Fear They Invested Too Conservatively

by FA Staff

More than half of near retirees in a recent TIAA-CREF survey feel they are unprepared for retirement.

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ICI: Mutual Fund Owners Focused On Retirement Savings

by FA Staff

Baby boomers and Gen Xers have the highest rates of mutual fund ownership in 2014, according to the ICI’s annual survey.

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Wells Fargo To Pay Brokers $7.4M To Settle Deferred Bonus Lawsuit

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The company has agreed to settle a claim that it unlawfully made brokers who left the firm forfeit bonuses that were deferred as part of their retirement plans.

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Limra CEO: Demographics Opening, Closing Doors For Life Insurance

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The head of the nation’s largest research trade association for the financial services industry sees potential for independent financial advisors to make money by selling life insurance.

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Key Senators Commit To Saving Multiemployer Pension Plans

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The outgoing and incoming chairmen of the Senate Finance Committee said Monday they are committed to saving the nation’s multiemployer union pension plans.

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Nothing Traditional About Retirement, Advisors Say

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Advisors are confronted by range of scenarios in clients' retirement plans, they say.

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