Study Says Investment 'Help' Makes a Difference
It is a long-accepted tenet that most retirement plan participants want—and need—help to make good investment decisions, and a new study suggests that it makes a difference.
Tag: Advice
Some Plan Sponsors Still Hazy on PPA, Fiduciary Issues
A new AllianceBernstein study suggests that small-plan sponsors could use some help understanding the Pension Protection Act (PPA) and their fiduciary roles.
NAPFA Advisers Available at Free Event
Kiplinger’s Personal Finance magazine and the National Association of Personal Financial Advisors (NAPFA) are offering free financial planning services as part of a two-day event.
dean's list
Worth Whiles
I’m sure you’ve seen that commercial where a series of more-or-less everyday events and their price tags are presented.
RIA Announces Retirement Plan Advice Offering
Kring Financial Management has developed a solution for investors who want to manage their retirement plan investments proactively.
Report Identifies Gaps in Retirement Planning Software
A new report suggests the majority of available financial planning tools are still not effectively addressing the wide range of individual issues related to retirement.
Most Small-Business Owners Don't Use Financial Adviser
The Discover Small Business Watch survey for December found that 62% of small-business owners report having a financial plan for their retirement
Vick Advisers Barred from ERISA Plans
Michael Vick’s former financial advisers won’t be working with ERISA plans anymore.
Workers Turn to Family First for Financial Advice
New research from the Sun Life Financial Unretirement Index revealed that more working Americans seek financial advice from family members and friends than from financial advisers, the media,...
Americans Don’t Do Due Diligence on Advisers
Most Americans don’t check out their financial adviser’s background, according to a new study by the FINRA Investor Education Foundation.
TIAA-CREF Launches iPhone App
TIAA-CREF is the latest financial firm to offer an application for the iPhone.
IMHO: Holding Patterns
In one of the more challenging economic years in memory, it is not surprising that the pace of change set in motion in defined contribution plans by the...
DoL: Advisers to Funds in Target-Dates not Fiduciaries
In an advisory opinion, the U.S. Department of Labor (DoL) addressed whether investment advisers to the mutual funds underlying target-date funds used in a retirement plan are plan...
DoL Discusses Lifetime Annuity Income Project
The U.S. Department of Labor (DoL) said it is investigating how it can best encourage the use of lifetime annuities or other similar instruments.
Retirement Planners Make for Better Retirement Savers
Research from The Hartford found that people who have taken the time to plan for retirement or their financial future are in a better place financially and have...
EBSA Further Delays Investment Advice Rule
The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) announced Monday that it is giving itself until May 17, 2010, to develop a new version of its...
Pre-Retirees Lack Plan to Get Back on Track
Financial advisers might face challenges to help pre-retirees rebuild their savings, as most pre-retirees are not putting away more money or spending more time with their adviser.
Offering Investment Advice is More the Norm at 401(k)s
Half of employers now offer workers outside investment advisory services, including advice, guidance, and/or managed accounts, according to Hewitt Associates.
More Participants Increase Savings, Seek Advice
Bank of America Merrill Lynch Retirement & Benefit Plan Services' quarterly report on plan and participant activities within its proprietary 401(k) business found 60% of participants started or...