Retirement

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Foreign direct U.S. investment rebounding
RETIREMENT PLANNING JUN 20, 2011
Foreign direct U.S. investment rebounding

Foreign direct investment in the U.S. increased by 49% in 2010, rebounding from 2009 levels during the height of the credit crunch.

TAX JUN 20, 2011
Senior squeeze

Officially, the inflation rate may be negligible, but senior citizens have seen their purchasing power erode by 32% since 2000, according to The Senior Citizens League, a nonpartisan group that lobbies for seniors' rights to benefits

Americans bemoan lack of financial willpower – but still planning swell vacations
RETIREMENT PLANNING JUN 19, 2011
Americans bemoan lack of financial willpower – but still planning swell vacations

Blame 'pace of society' for inability to reach retirement goals; meanwhile, holiday spending on the rise

Want to retain retiree clients? Put their retirement income plan on paper
RETIREMENT PLANNING JUN 19, 2011
Want to retain retiree clients? Put their retirement income plan on paper

Investors prefer to get their retirement income plans in writing, but advisers tend to back away from giving clients a detailed blueprint, a Fidelity Investments survey has found.

RETIREMENT PLANNING JUN 19, 2011
Treasury set to offer guidance on income products

Aiming to curb the number of individuals who are likely to outlive their retirement savings, the Treasury Department soon will offer guidance on lifetime income options that 401(k) plan participants should have available when they retire

LIFE INSURANCE AND ANNUITIES JUN 17, 2011
Aviva fleeced in church scam, suit claims

Aviva Life and Annuity Co. late last month filed suit in federal court against a handful of life insurance agents, claiming that they fraudulently sold coverage to some 119 church members

RBC Wealth Management boss: We're not interested in big acquisitions
RETIREMENT PLANNING JUN 16, 2011
RBC Wealth Management boss: We're not interested in big acquisitions

Despite talk of possible purchase of Morgan Keegan, Taft says bank not eyeing 'transformational deals'

Wells Fargo rolls out private-banking blitz in NYC
RETIREMENT PLANNING JUN 16, 2011
Wells Fargo rolls out private-banking blitz in NYC

Bank aims to attract clients by requiring lower minimums on investable assets than rivals

RETIREMENT PLANNING JUN 16, 2011
The CFP Board is right on ethics

Reactions to the Certified Financial Planner Board of Standards Inc.'s new requirements for ethics continuing-education programs have been mixed

Have you seen those commercials about CFPs?
RIAS JUN 16, 2011
Have you seen those commercials about CFPs?

Naysayers aside, the CFP's TV ad campaign, part of a new national public-awareness effort, is just the message the retirement-nervous need to see right now.

FIXED INCOME JUN 15, 2011
Plans to tax munis won't fly: BNY Mellon

Renewed proposals to eliminate the tax-exempt status of municipal bonds as a way to reduce the $1.5 trillion federal deficit are unlikely to succeed, according to a report by The Bank of New York Mellon Corp.

'Waterfall' of muni downgrades will trigger rapid sell-off: Whitney
RETIREMENT PLANNING JUN 15, 2011
'Waterfall' of muni downgrades will trigger rapid sell-off: Whitney

Meredith Whitney's at it again. The controversial analyst is now predicting a 'waterfall' of muni downgrades which will trigger a massive sell-off by insurers. If she's right, investors may be able to pick up some bargains in the process.

Mr. Roboto? Dimensional unveils 401(k) account that works on autopilot
RETIREMENT PLANNING JUN 14, 2011
Mr. Roboto? Dimensional unveils 401(k) account that works on autopilot

DC plan makes decisions for plan participants, nags them when they're not saving enough; Nobel laureate Merton one of the designers

EBRI: Cap on tax-preferred 401(k)s would clip large and small earners
RETIREMENT PLANNING JUN 14, 2011
EBRI: Cap on tax-preferred 401(k)s would clip large and small earners

Some employees in top bracket could face 15% reduction in account balances; lower-paid likely down 10%

Neuberger Berman bulks up with three defined-contribution wholesalers
RETIREMENT PLANNING JUN 14, 2011
Neuberger Berman bulks up with three defined-contribution wholesalers

Neuberger Berman minds client relationships with newly hired trio of defined-contribution wholesalers; asset gathering to come.

Are Americans too dumb to retire?
RETIREMENT PLANNING JUN 14, 2011
Are Americans too dumb to retire?

If so, auto-enrollment plans make a lot of sense

Brokers get their Irish up over change to IRA rules
RETIREMENT PLANNING JUN 13, 2011
Brokers get their Irish up over change to IRA rules

Some claim they'll abandon the business if they're required to act as fiduciaries to retirement accounts, 401(k)s

Asset allocation R.I.P.?
RETIREMENT PLANNING JUN 13, 2011
Asset allocation R.I.P.?

New study reveals savers not saving enough -- and asset allocators not allocating assets enough

RETIREMENT PLANNING JUN 12, 2011
Five considerations for Roth redos

Leaders of Senate debt reduction group vow to take hard look at tax expenditures
RIAS JUN 10, 2011
Leaders of Senate debt reduction group vow to take hard look at tax expenditures

Two leaders of a group of senators trying to convert last year's presidential deficit commission recommendations into legislation plan to take a hard look at eliminating tax breaks which cost a total of $1.1 trillion annually.