Key employees are optimistic about their retirement savings in 2012, but they arent optimistic about the economy, according to new research from the Principal Financial Group.
Nearly two-thirds of advisors who sell annuities believe that guaranteed income options will increase in importance over the next five years, according to a new report by Cogent Research and the Insured Retirement Institute.
Some might think it would be cost-prohibitive for employers to offer financial wellness programs to employees, but data by Financial Finesse Inc. shows that these programs can only help employers bottom lines.
Even though an automatic salary deferral rate of 3 percent into an employees 401(k) is not enough to get them where they need to be in retirement, most companies are not poised to raise their initial default rate above that figure.
The U.S. Department of Labors Employee Benefits Security Administration created a new consumer assistance Web page that provides easy access to information and allows users to submit questions and complaints about health and retirement plans electronically.
Employers need to act now to get younger employees interested in saving for retirement via defined-contribution plans, according to a new study by Northern Trust.
Affluent pre-retirees now report greater stability with their investment situation than two years ago, according to a new report by Phoenix Marketing International.
The average retirement age is higher than traditional measures suggest, according to a new Economic Policy Institute briefing paper. The myth of early retirement explains why existing measures of average retirement age are misleading and suggests a new, more accurate measure.