Products
25% of Americans Not Saving for Retirement
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Written by Steve Higgins
Created: June, 17 2011
A survey of 1,009 adults by Edward Jones on their retirement savings found 25% are not saving for retirement, up from 16% a year ago. And among those between the ages of 18 and 34, 49% are not saving for retirement, up significantly from 26% in 2010.
Read the full story at financial-planning.com.
ETFs Are Gaining On Mutual Funds For 401(k) Investments
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Written by Steve Higgins
Created: June, 15 2011
New data from Brightscope show major growth of ETFs in defined contribution plans. ETFs have been becoming a favorite vehicle for many investors because of lower costs, better liquidity, and better sector tracking than mutual funds, but defined contribution plans had been previously slow to adopt ETFs.
Schwab Dumps Janus Allocations, And Merrill Reportedly Plans To Follow
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Written by Scott Martin
Created: May, 18 2011
Some of the biggest Janus funds are getting pulled from some of the biggest product shelves out there, and it's unclear what the once-unstoppable money manager can do to reverse the trend.
Variable Annuities Too Successful For Jackson National Parent
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Written by Scott Martin
Created: May, 12 2011
Soaring interest in variable annuities as a retirement income solution has pushed Jackson National Financial Life's business out of "balance," its UK parent says.
Meet The Annuity Advisor: New Firm Outsources The Annuity Selection Process
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Written by Scott Martin
Created: May, 04 2011
Advisors who sell annuities may find fewer headaches ahead when it comes to figuring out exactly which product is best for their clients.