February 6, 2012 - Vanguard has launched a new target retirement fund for Generation Y investors intended to start them on the road to successful investing.
February 2, 2012 - Prudential Retirement is now offering J.P. Morgan SmartRetirement Target Date Strategies and Fidelity VIP (Variable Insurance Product) Freedom Funds in its line-up of target-date funds with a guaranteed lifetime income component.
February 2, 2012 - Ronald O'Hanley has emerged as an outspoken force inside Fidelity Investments, giving a speech on Thursday that touched on sex, drugs and revolution as he warned that young Americans face getting a raw deal from the U.S. retirement system.
January 30, 2012 - U.S. Retirement Market Projected to Hit $22 Trillion by 2016 The U.S. retirement market is projected to grow to nearly $22 trillion by 2016. That represents a 38% increase from an estimated $16 trillion mark for the end of 2011, due mostly to continuing market recovery.
January 16, 2012 - Americans overall arent saving enough for retirement, and as a group, women especially seem not to be prepared. Only 8% of women workers believe that theyre building a large enough retirement fund for themselves, according to the Transamerica Center for Retirement Studies.
January 11, 2012 - Schwab Retirement Plan Services already serves 1.5 million workers saving for retirement, but hopes that its new Schwab Index Advantage service will increase participation even more by demystifying the 401(K) saving process.
January 4, 2012 - U.S. Pensions funded status dropped 12.7 percentage points over the full year 2011 to 72.4%, thanks to a sharp increase in liabilities that outpaced any rise in plan assets, according to BNY Mellon.
December 26, 2011 - The population may be aging, but that hasnt gotten a lot of Americans to plan for retirement.
December 21, 2011 - For once, its the whippersnappers who are behaving more wisely. At least when it comes to saving, Generation X and Generation Y workers are more diligent than their peers.
December 19, 2011 - Most couples disagree on a lot of important points when it comes to retirement planning. That lack of agreement can translate into lost financial planning business, making it important for advisers to get couples to work together, according to Fidelity Investments.
December 16, 2011 - The Insured Retirement Institute Friday responded to the Federal Insurance Offices request for comment on how to modernize insurance regulation in the U.S.
December 15, 2011 - The Allstate poll pins the blame on the recession.
December 7, 2011 - Forty-six percent in a Fidelity survey say saving more is their No. 1 financial resolution for 2012.
November 21, 2011 - Assets in both variable and fixed annuities reached a record high of nearly $2.2 trillion in 2010, a 10% increase from the previous year.
November 16, 2011 - Two years ago, half of all retirees were feeling less financially secure than when they first retired. Today, only 28% express this lack of confidence.