Advisers seek new tools for retirement planning

Advisers are seeking new tools and products that will enable them to expand their strategies for retirement-income planning, according to a report by Cerulli Associates. What is needed, according to the report, is a product that integrates asset management with guaranteed-income planning, although, unfortunately, no such tool currently exists. The tool should also help cut down on the amount of time needed for retirement-income planning, the report added. Many advisers find this planning excessively time-consuming.

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This story published in Financial Planning Digest on 10/20/2009





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