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December 14, 2012
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Financial and wealth management news for the retirement community

  Top News 
  • Life insurance can have unconventional payoffs
    Many people think of life insurance as a necessary investment for those with young children or new mortgages, but advisers suggest thinking of life insurance policies -- even term policies -- as a way to maximize pension or Social Security benefits or as part of estate planning. CNBC (12/13) LinkedInFacebookTwitterEmail this Story
5 Cures for Business Growing Pains
A growing business is a successful business, but it comes with its own set of complications. Growing pains can arise from new employees, added roles and responsibilities, and a premium on office space. Read this informative e-book for five practical tips to managing your growing office space.
  Industry Update 
  • Survey finds young workers are motivated to save
    Nearly three-quarters of young workers feel highly motivated to save for retirement, according to a survey from Prudential Retirement. The survey of workers between the ages 21 and 29 found that 58% talk with their friends about retirement, and 81% agree that "contributing to one's retirement is a must," even in a weak economy. National Underwriter Life & Health (12/13) LinkedInFacebookTwitterEmail this Story
  • Professor makes case for mandatory retirement-savings program
    The U.S. needs a mandatory, defined-contribution plan to force people to save for retirement, similar to programs in Australia and the U.K., says Santa Clara University professor Meir Statman. The proposal, which Statman calls "paternalistic," would target those who are failing to save money and "need a little extra kick." Statman says he hopes his proposal stirs debate. MarketWatch (12/13) LinkedInFacebookTwitterEmail this Story
  • Other News
  Financial Literacy 
  • Survey details Americans' spending, saving tendencies
    Not saving any money and spending too much on unneeded things are the most common bad financial habits that Americans admit to, according to a survey from Allianz Life. Nearly a quarter of respondents said they had no bad financial habits. AdvisorOne (12/13) LinkedInFacebookTwitterEmail this Story
  • Other News
  On the Economy 
  Building Your Practice 
  • Regulators press advisers to plan for death
    Financial advisers who fail to adopt a continuity plan to deal with clients' accounts in case the adviser dies or becomes disabled could be fined by regulators, compliance professionals say. Regulators often raise the issue in routine examination, they say. Reuters (12/12) LinkedInFacebookTwitterEmail this Story
Ours is the age which is proud of machines that think and suspicious of men who try to."
--Howard Mumford Jones,
American writer, critic and scholar

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