Advisor Sales Strategies

The American Society of Pension Professionals & Actuaries has inaugurated Robert Richter as 2011-2012 president of the organization during the opening session of ASPPA's annual conference at the Gaylord Hotel in National Harbor, Md.

As the Joint Select Committee on Deficit Reduction searches for ways to cut $1.5 trillion from the federal budget over 10 years, the issue of how the Social Security Cost of Living Index (COLA) will be indexed could become controversial for retired clients.

Total U.S. money market mutual fund assets fell $1.98 billion to $2.634 trillion for the week that ended Wednesday, the Investment Company Institute said Thursday.

Younger Americans are more interested in having a guaranteed retirement income feature in their retirement savings plans than those 45 years of age or older, according to a LinkedIn poll conducted by Prudential Retirement.

The U.S. Department of Labors Advisory Council on Employee Welfare and Pension Benefit Plans, also known as the ERISA Advisory Council, will hold a public meeting on Nov. 8 and 9 at Labor Department headquarters, 200 Constitution Ave. NW, Washington, D.C. 20210.

New York Citys defined benefit pension plans deliver the same retirement income as defined contribution 401(k)-type individual accounts,but for 40 percent less cost, according to a report by the National Institute on Retirement Security and Pension Trustee Advisors on behalf of the Office of New York City Comptroller John C....