ING U.S. Retirement will combine its own target date funds with the AllianceBernstein three-insurer annuity platform to offer a lifetime income option to its 52,000 small and mid-sized plans.
Advisors can’t do everything themselves. But they need to be careful in choosing what to hand off to a software tool, a vendor or an assistant.
Here are brief reviews of four noteworthy but not-widely-known retirement income planning software tools, provided by the publisher of Virtual Office News and the T3 Newsletter. Mr. Bruckenstein is also a CFP.
The variable annuity with a lifetime income benefit--sometimes known as an exotic put option or an embedded derivative--was a product that has come back to bite many of the companies that sold it. Was this product ever the best solution for the Boomer retirement challenge?
After a credit boom and bust, we face a long period of spending less and saving more, writes the well-known author and NYU Stern School professor.
Bond funds saw net inflows of $116 billion during 2011, while equity funds saw net outflows of $51 billion for the year, according to Strategic Insight.
But 65% just want to be left alone by the government to enjoy the wealth they’ve earned, an annual PNC survey shows.
Although their headcount is down and their images are tarnished, wirehouses remain the kings of investment distribution, according to a report from Cerulli Associates.
More than half of all investors surveyed said they expect to be in a better position financially two years from now compared with today.
Brief or late-breaking news from Jefferson National, Lincoln Financial, and F-Squared Investments.
The gulf between the reality of wealth distribution in America and our ideal wealth distribution is what the “one-percent” controversy is really about.