Archive for the 'Retirement' Category

Many Americans Missing Opportunity to Maximize the Value of Workplace Retirement Plans

Preparing for retirement is like training for a marathon. It takes dedication, determination and a long-term commitment, along with the right support and resources to complete the race. The ING family of companies in the U.S. (ING), which are leading providers of retirement and life insurance products and title sponsor of the ING New York [...]

Multicultural retirees income at risk

MassMutual: Whole life insurance cash values can be overlooked source of retirement income Nearly 45 percent of U.S. households are “at risk” of not having enough to maintain their living standards in retirement, according to the National Retirement Risk Index, a special project of the Center for Retirement Research at Boston College. Many multicultural populations [...]

Employer commitment to Workers Retirement Plans has declined over last decade, Watson Wyatt analysis finds

Corporate America’s commitment to workers’ retirement plans, measured by benefit values as a percentage of pay, has dropped consistently over the last decade, according to research by Watson Wyatt, a leading global consulting firm. The research found that companies that shifted from defined benefit (DB) plans to defined contribution (DC) plans had the steepest drops, [...]

Deloitte finds baby boomer retirement anxiety spurring innovative retirement income programs in wake of financial crisis

Top 10 ‘Actions to Win’ Offer Ways to Innovate and Adapt Operating Models and Product Offerings to Better Fit Leading Edge Boomers’ Needs Financial services companies are facing the risk that the retirement of the baby boomers will disrupt existing retirement businesses as retirees move assets out of current retirement accounts and into new, income-generating [...]