Sponsors of private, single-employer defined benefit pension plans are facing increasing funding requirements due to a combination of interest rate and equity market conditions, according to a new report.
Some of the worlds top producers belong to the National Association of Insurance and Financial Advisors (NAIFA), and they have been spending the day going door to door in the halls of Congress, trying to win support for NAIFA legislative priorities.
Republicans seem to be trying to starve the U.S. Securities and Exchange Commission of the resources it needs to police the sale of investment products, Rep. Gary Peters said today at the fiduciary standard hearing.
The National Association of Insurance and Finance Advisors (NAIFA) is hoping the courts will kill the Patient Protection and Affordable Care Act (PPACA), but it is keeping up pressure on the medical loss ratio (MLR) front, just in case.
Advisors must be prepared to make quick adjustments to clients retirement portfolios in response to the recommendations of the new Super Committee created by the Budget Control Act of 2011.
Since the recession started, one-third of boomers have stopped contributing to 401(k) plans, individual retirement accounts or other retirement arrangements, according to the Insured Retirement Institute (IRI).