| Financial and wealth management news for the retirement community |  |
| Top News |  |  |
|
- Study: Those near retirement were hit hardest by recession
Americans who are near retirement but not yet old enough for Social Security and Medicare benefits have lost the most earning power of any generation in the aftermath of the recession, according to a study by Sentier Research. These older workers have lost retirement savings and home value, and they generally struggle to find jobs after losing theirs. Many are taking early Social Security payments and filing for disability benefits. The New York Times (tiered subscription model)
(2/2)     
| Industry Update | | |
|
- Regulators worry about new annuities
Contingent deferred annuities come with the promise of lifetime income with lower fees than variable annuities, but some state regulators are concerned about whether these promises are realistic. That is complicating sales for companies that want to market the annuities nationwide. The Wall Street Journal
(2/3)
- Companies increase pension contributions amid low rates
The Federal Reserve's low interest rates are forcing U.S. companies to increase cash put into defined-benefit pension plans. Employers are bound by law on how long they take to fully fund pensions. Ford Motor expects to put $5 billion into its plan this year, nearly the amount it spent on developing products, buying equipment and building plants last year. The Wall Street Journal
(2/3)
- FINRA wants easier background checks on advisers and brokerages
The Financial Industry Regulatory Authority proposed a rule to make it easier for investors to investigate the background of financial advisers and brokerages. The rule would require websites of companies regulated by FINRA to link to the agency's online database BrokerCheck. Reuters
(2/1)
| Financial Literacy | | |
|
- Ind. lawmaker proposes standard financial-literacy course
Indiana state Sen. Brent Waltz is proposing a standardized financial-literacy program for public schools. The state mandated financial-literacy classes in 2010, but Waltz says a set curriculum would encourage all schools to follow the law. The curriculum would teach the basics of investing, using credit and how to manage bank accounts. WIBC-FM (Indianapolis)
(1/30)
| On the Economy | | |
|
| Building Your Practice | | |
|
| SmartQuote | | |
|
 | Never assume the obvious is true."
--William Safire,
American author, columnist and presidential speechwriter
|
| |
| Advertise |
|
Sales Account Director:
Abiy Bekele (919) 931-5915
|
| |
|
Read more at SmartBrief.com |
|
A powerful website for SmartBrief readers including:
|
|
|
|
| |
| |
| | Recent Retirement Security SmartBrief Issues:
- Friday, February 01, 2013
- Thursday, January 31, 2013
- Wednesday, January 30, 2013
- Tuesday, January 29, 2013
- Monday, January 28, 2013
| | | Lead Editor: Ashley Fletcher Frampton
Mailing Address:
SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004 | |
| |
|
| © 1999-2013 SmartBrief, Inc.® Legal Information |
|
