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Plan Contributions Hold Steady Despite Market Turmoil

In the first half of 2008, Americans continued to add to their retirement plans despite the ongoing market turmoil, Fidelity has found.

UK Variable Annuity Launches Hit Snag

Two UK insurers, Prudential plc and Standard Life, have delayed their planned variable annuity products launches, for undisclosed reasons.

USAA Launches Target Date Funds

The new funds cost 47% less than the comparable Lipper category expense ratio average and are designed to simplify the investment process.

Advantage Compendium Publishes GLWB Study

“The GLWB revolution may permit one to both eat their retirement cake and have it to pass to their heirs,” said Jack Marrion, the study's author.

Advisers Willing to Buy Income Solutions--Curian Survey

Only 10% of advisers said believe that 80% or more of their clients will have enough money to meet their expected living standards after they retire.

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Articles

Correction

An article in the July 2008 issue of Retirement Income Reporter incorrectly described The Income for Life Model planning software from Wealth2K.

Executive Moves

Mary Fay Succeeded by Michele Van Leer at Sun Life Financial U.S.

Online Communities Are No Longer Just Kids' Stuff

As the responsibility for financial planning increasingly falls on the individual, the Internet is helping people educate themselves about their savings.

Think Big, Start Small, Scale Fast'

Several big financial services companies have created in-house retirement task forces, but few have made a more aggressive or concerted effort in that direction than Lincoln Financial Group.

Nationwide Financial's Approach to Building a Higher Performance Culture

Zealous Intent - The concept of 'Zealous Intent' is demonstrated by Nationwide Financial's implementation of a consistent sales process in 2006.

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