Markets Fall on Fed Worries
Still, economic data was positive
Markets lost ground last week for the third week in the last four, pummeled by ongoing worry about the tapering of the Fed's stimulus programs. Uncertainty about the longevity of Fed programs has contributed to an increase in volatility lately, and we will not be surprised if that continues in coming weeks. read more
Three-Fourths of Higher Education Baby Boomer Faculty Members Plan to Delay Retirement, or Never Retire at All
Fidelity® Study Finds Faculty Boomers Likely to Delay Retirement Due to Both Economic and Professional Reasons
(BUSINESS WIRE)--Fidelity Investments®, a leading provider of workplace retirement plans in the not-for-profit higher education market, today announced results of its Higher Education Faculty Study1 , which examined the behaviors and attitudes of baby boomer (ages 49-67) faculty members at higher education institutions. The research found that 74 percent of these boomers plan to delay retirement past the age of 65, or never retire at all. When asked the reasons for this delay, they not only cited professional reasons (81 percent), but also economic concerns (69 percent) – suggesting a need for more financial guidance. read more
How to Stay Sane During Financial Peaks & Valleys
5 Tips for Dealing with Lifestyle Changes & Money Flux
You don’t have to be a trader on the world’s markets to experience the financial roller coaster, says mathematician Lambros Klouvidakis. read more
IRI Issues Statement in Support of Lifetime Income Disclosure Act
Legislation Will Help Americans Understand Retirement Options
The Insured Retirement Institute (IRI) today released the following statement from IRI President and CEO Cathy Weatherford after yesterday’s introduction in the Senate of legislation known as the Lifetime Income Disclosure Act (S. 1145). The bipartisan bill would require employer-sponsored retirement plans to illustrate for participants how their retirement plan savings would translate to a lifetime income stream. read more
How Your IRA Can Become Your Tax Nightmare
Can ROTHs Ease The Pain of RMDs?
Uncle Sam wants you! That is, he wants you to spend your Individual Retirement Account in a manner that he finds appropriate, says independent retirement advisor Gary Marriage, Jr.
A Matter of Trust: For Dummies®
How Estate Executors and Administrators Can Avoid Ten Common Pitfalls
Thanks to ongoing medical advances and an emphasis on healthy lifestyles, Americans are living longer and longer. And even given the vagaries of the economy, many of them enjoy a comfortable standard of living. read more
I have a Will and Trust, why are my assets subject to Probate?
Understanding the importance of funding
By Herbert K. Daroff, J.D., CFP
One of the most frequent “fumbles” we see at first and goal on the one yard line is UNFUNDED trusts. Step one is getting the trusts created and properly signed. But, step two is funding them: read more
Playing Financial Catch-Up Differs Among The Sexes
Men still from Mars, Women from Venus
The latest research from Northwestern Mutual’s 2013 Planning & Progress Study revealed attitudinal and behavioral discrepancies between how men and women are planning for their financial futures – and why they’re falling behind on financial goals. read more
John Hancock to Acquire Symetra Broker Dealer
Symetra Investment Services to Become Affiliated with John Hancock Financial Network as a Sister Broker-Dealer to Signator Investors, Inc.
John Hancock, a unit of Manulife Financial Corporation (MFC), today announced it has agreed to acquire Bellevue, Wash.-based Symetra Investment Services (SIS) from Symetra Financial Corporation (SYA). It is anticipated that the transaction will close in three to six months, subject to regulatory approvals. Terms were not disclosed. read more
Individual Life Insurance Premium Improves in Every Product Line for Q1
A 7% premium spike, though policy count is off
With every major product line experiencing positive premium growth, total individual life new annualized premium grew seven percent in the first quarter of 2013, according to LIMRA’s First Quarter 2013 Individual Life Insurance Sales Survey. read more
Time for the Federal Reserve to Taper?
What would Greenspan do?
from NewOak Risk and Financial Services
"Former Federal Reserve Chairman Alan Greenspan and a number of other market pros went on the offensive with the suggestion that central bank intervention was actually holding back stocks from achieving even higher levels,” say James Frischling, President and Co-Founder of NewOak.
New Research on Asset Consolidation Highlights Opportunities for Investors, Financial Professionals
Why do investors seek multiple advisors?
Approximately 5.7 million affluent households in the United States rely on more than one financial professional to manage their investible assets1. Principal Funds partnered with Cogent Research to uncover the reasons why investors are using multiple financial professionals and how they might benefit by consolidating their assets with a sole or primary financial professional read more