|
| Benefits & Administration |
| Gen X Feeling Hopeless About Retirement |
| Baby Boomers are in the throes of retirement,
and Generation X is only steps behind. According to Generations Apart—a new
study from Allianz Life Insurance Company of North America—the vast majority of
both groups believe the traditional definition of retirement is a “romantic
fantasy of the past.” More than eight in 10 (84%) from both generations said
they feel that a retirement starting at age 65 and spent “doing exactly what
you want” is now unrealistic. Gen X respondents were much more hopeless about
their ability to achieve retirement goals and about their overall financial
situation than their Boomer counterparts, the study found.Read more > |
| Public pension plans will begin asking their service
providers to commit to a new set of ethical guidelines designed to protect the
interests of plan participants and beneficiaries, the National Conference on
Public Employee Retirement Systems (NCPERS) announced. “The code of conduct is
a valuable tool to ensure that fiduciaries and plan providers are working
together in the best interests of participants and beneficiaries,” says Hank
Kim, Esq., NCPERS executive director and counsel.Read more > |
|
| Products, Deals & People |
| Penbridge Advisors announced the release of an
advanced pension risk transfer (PRT) index charting tool that improves plan
sponsor and adviser understanding of annuity buy-out pricing, as well as other
elements of PRT transactions.Read more > |
|
| Sponsored message from Aberdeen |
Frontier Market Bonds: The Next Chapter
Learn why frontier markets strong growth dynamics, coupled with historically low correlations to U.S. Treasuries make a compelling case to diversify your fixed income approach with emerging and frontier market debt.Read more > |
