Advisor Sales Strategies

One of the biggest implications for a massive crisisand a possible focal point for overhaulis in California, where a new study finds nearly half of workers who retire at age 65 will be at or near poverty level (i.e. $22,322 per year).

An important aspect of the regulations that is often overlooked is the requirement that service providers must justify compensation by describing the services they provide.

Marsh & McLennan Companies, Inc. plans to sponsor a Retirement Policy Center. The Center will become a catalyst for new ideas and perspectives on retirement and will educate the public and key constituents on retirement public policy issues.

Investors are not optimistic about their ability to build and maintain retirement savings, according to the September Wells Fargo/Gallup Investor and Retirement Optimism Index. Nearly two-thirds of investors65 percentsay they have little or no control at all over their retirement savings.

ING launched a new online enrollment service that allows retirement plan participants to instantly enroll in their workplace retirement plan by using a tablet or mobile device.

A lack of choice in 403(b) retirement plans results in reduced participation among school district employees, according to a new report by the American Society of Pension Professionals & Actuaries Pension Education and Research Foundation.