NOT FOR REPRINT
Page Printed from: benefitspro.com/author/profile/marlene-y-satter?page=186
Sign In To follow
The funded status of U.S. corporate pension plans took a sharp downward turn in January, though by just how much depends on whom you ask.
The Principal is among the first in the industry to do so, following AIG's entry in the fall.
They know its important, but most have no idea how to ensure monthly income in retirement.
Until now, only multiemployer plans were required to provide funding notices. That's no longer the case.
TD Ameritrade Institutional wants to help address the lack of diversity in the RIA workforce.
The steady movement of assets into the independent wealth management channel shows no signs of slowing, according to TD Ameritrade Institutional.
The average balance of plan participants 401(k)s at the end of 2014 hit a record $91,300, according to Fidelity Investments.
If approved by Congress, the new system would incorporate a 401(k)-type investment account as a significant portion of a service members retirement benefit.
A larger share of older American families were in debt in 2013, and those with debt loads that are considered problematic also increased.
The Center for American Progress finds that even the most optimistic estimates suggest at least a quarter of retired Americans are falling short.