Retirement Advisor

More than half of retirees responding to a LIMRA survey say changes to Medicare, Social Security programs and increased taxes will affect their ability to afford retirement.

Assets in 401(k) plans reached a record $3.075 trillion in 2010, according to the latest Marketplace Update report from the Society of Professional Asset-Managers and Record Keepers (SPARK) and The SPARK Institute.

A new Northern Trust survey finds institutional investment managers increasingly see inflation as likely in the near future, with oil prices and market volatility also rising over the next six months.

For clients who want to diversify currency exposures, developed markets currently don’t offer many attractive choices.

“ASPPA and the National Tax Sheltered Accounts Association (NTSAA) express concern with regard to how the application of proposed new rules 15Ba1-1 through 15Ba1-7 under the Securities Exchange Act of 1934, will impact retirement plan professionals who work with governmental sponsored retirement plans."

Chuck Salley's career as a sales and marketing executive ended in early retirement. His latest career is taking the late-stage entrepreneur into the biofuel field.

Each year, the IRS publishes a list of a dozen tax scams to look out for — and this year, abusive retirement plans made the cut.

Former state comptroller Alan Hevesi was sentenced Friday to one to four years in prison for his leading role in influence-peddling at the state's massive pension fund.