According to analysis and research by Alicia Munnell of Boston College’s Center for Retirement Research, changes in Social Security have made the effective retirement age 70. Given longer lifespans,... Read More
Advertisement
Industry Trends and Research
BY Fred Barstein | 10/23/2013
UBS released “80 is the new 60,” an interesting study analyzing people’s views about retirement. Today people do not feel old at 62, which was not true a generation ago when that age was close to... Read More
BY John Ortman | 10/23/2013
In last week’s Reader Poll we asked, "What percentage of new DC plans that you take over change record keepers within 6 months?" Here are the results of the voting, expressed in percentages:Less than... Read More
BY Fred Barstein | 10/22/2013
In a far-reaching study, ICI reports the sources of retirement income for U.S. workers from 1975 to 2012. Some of the findings are interesting; others seem obvious. Here are a few:• In 2012, 32% of... Read More
BY NAPA Net Staff | 10/21/2013
Last week’s top five most-read posts on NAPA Net reflected keen interest in FINRA’s latest report expressing concern over advisor compensation, outsourcing 3(16) duties, resolution of the partial... Read More
BY Fred Barstein | 10/18/2013
Results from a recently released Plan Sponsor Council of America study are very promising, showing improvements in many areas like deferral rates, auto features and matches. The study covers 686... Read More
BY John Ortman | 10/18/2013
In last week’s Reader Poll we asked, "What percentage of your team/company income comes from rollovers and wealth management?" Here are the results of the voting, expressed in percentages:None: 22%... Read More
BY NAPA Net Staff | 10/14/2013
Last week’s top five most-read posts on NAPA Net reflected keen interest in the possible impact of a debt limit standoff on 401(k) balances, CFPs’ anger over the fee-only controversy, Schwab’s delay... Read More
BY Andrew Remo | 10/14/2013
The U.S. Government Accountability Office (GAO) issued a report in August that projected changes in retirement savings should a federal automatic payroll deduction IRA proposal become law. The report... Read More
BY Fred Barstein | 10/10/2013
A significant percentage of American workers favor the idea of semi-retirement before they transition into full retirement, a study from HSBC shows. Currently, 19% of people ages 55-64 already... Read More
BY John Ortman | 10/9/2013
Pre-retirees — that is, those from their mid-50s through mid-60s — are at a point in their lives when choices and decisions made long ago are shaping their future. Looking back, how do they assess... Read More
BY John Ortman | 10/9/2013
What resources would financial advisors like to have to advance their expertise in the areas of retirement income planning and strategy? According to the September edition of Russell Investments’... Read More
BY John Ortman | 10/9/2013
In last week’s Reader Poll we asked, "How much have your advisory fees gone down since last year?" Here are the results of the voting, expressed in percentages:Zero or they increased: 51%1-10%: 2911-... Read More
BY Nevin E. Adams, JD | 10/8/2013
In this era of reality TV, where the antics (and worse) of the formerly rich and infamous are on display in ways that could not even have been imagined a decade ago, I seem to find myself... Read More
BY Fred Barstein | 10/8/2013
Retirement plan assets have reached almost $21 trillion, acounting for 43% of all household financial assets, according to the ICI. Assets are up 1% since the end of Q1 2013 and 6% since the end of... Read More
BY NAPA Net Staff | 10/7/2013
Last week’s top five most-read posts on NAPA Net reflected keen interest in the Beesly v. International Papers lawsuit’s $30 million settlement, new lows for record keeping fees, two top wire houses... Read More
BY John Ortman | 10/3/2013
In last week’s Reader Poll we asked, "What is the median number of years plan sponsors with less than $5MM in assets have been with their current record keeper?" Here are the results of the voting,... Read More
BY NAPA Net Staff | 9/30/2013
Last week’s top five most-read posts on NAPA Net reflected keen interest in the phasing out of out-of-office emails; comments from Phyllis Borzi on DOL’s fiduciary rule, MEPs and advisor fees; the... Read More
BY John Ortman | 9/27/2013
In last week’s Reader Poll we asked, "Among 401(k) plans with under $5MM in assets, what percentage changed record keepers in the past year?" Here are the results of the voting, expressed in... Read More
BY NAPA Net Staff | 9/25/2013
By Paul R. Samuelson, PhD and Warren CormierAsk any plan sponsor and they will tell you that maximizing (or at least enhancing) their participants’ retirement readiness is a key goal of offering a DC... Read More
BY NAPA Net Staff | 9/24/2013
Last week’s top 5 most-read posts on NAPA Net reflected keen interest in Phyllis Borzi’s comments on the state of the fiduciary definition rule, the NAPA DC Fly-in Forum, the DOL’s adoption of the... Read More
BY Fred Barstein | 9/19/2013
According to research by Cerulli, the financial planning industry is expected to lose 25,000 professionals over the next five years because of fewer recruits at wire houses and brokerage firms.... Read More
BY John Ortman | 9/19/2013
In last week’s Question of the Week we asked, "What is the amount of retirement savings that would stay in the DC system over the next 10 years if cash-outs were reduced by 50%?" Here are the results... Read More
BY Nevin E. Adams, JD | 9/17/2013
There’s an old saying: “You can lead a horse to water, but you can’t make him drink.” It’s a sentiment expressed by many a benefits manager (or retirement plan advisor) who has devoted significant... Read More
BY NAPA Net Staff | 9/16/2013
Last week’s top five most-read posts on NAPA Net reflected keen interest in the potential impending 401(k) bidding war, postponement of the DOL’s fiduciary definition rule, the DOL’s claim to... Read More
Recent Comments