Financial planning

The majority of Americans say they want and need income replacement projections for financing their retirement, but most do not have access to the data nor an understanding of how to translate their 401(k) savings into a stream of retirement income, according to new research.

Emerging Information Systems Inc., developer of NaviPlan and Profiles needs analysis and financial planning software, has become the newest affinity provider for the Financial Planning Association’s Member Advantage Program.

The Financial Planning Coalition has sent a letter.to the Securities and Exchange Commission, accompanied by a petition signed by more than 5,200 financial planners, urging the SEC to apply a uniform fiduciary standard to anyone providing personalized investment advice to retail clients.

Only 51 percent of Americans believe they will have enough money to enjoy a comfortable retirement.

Capital markets executives at leading investment banks predict continued growth in the number and size of initial public offerings on U.S. exchanges during the remainder of 2011, according to a new study by BDO USA LLP.

The Securities and Exchange Commission has concluded that certain individuals who invested money through the Stanford Group Company—a U.S. broker-dealer owned and used by Allen Stanford to perpetrate a massive Ponzi scheme—are entitled to the protections of the Securities Investor Protection Act of 1970.

While many people continue to experience the after-effects of the recession, a majority of older Americans say they are confident in their retirement preparedness, according to a survey by Charles Schwab.

The Texas Society of CPAs has some tips for clients on how to keep a lid on budgets and expenses.

Despite their wealth, nearly half of the rich wish they had better self-control over their financial behavior.

BABY BOOMERS MIXED ON WEALTH TRANSFER

When I was in practice as a CPA, there were days when I left the office wondering why I would ever want to go back the next day and do it again.

Proposals to scale back or eliminate the tax incentives of investing in 401(k) retirement plans, as called for by some budget deficit reduction plans, would not only endanger the ability of low- and moderate-income workers to enjoy secure retirements, but are based on faulty math, according to new research from the American Society of Pension Professionals & Actuaries.

Convoluted corporate financial reports are just as unreadable for professional stock analysts as they are for the average investor, according to a new study.

The recession has put even greater pressure on workers to stay on the job, according to a new report.

A diminishing proportion of employees reported high levels of financial stress in the first quarter of the year, according to a new survey.

Shareholder proposals at public companies are increasingly weighted toward social and environmental concerns, according to a new report by Ernst & Young.

Genworth Financial Wealth Management has introduced Genworth Portfolio Solutions, a streamlined approach to diversifying investments that financial advisors can set up for clients.

The confidence level of women in their ability to plan for retirement has reached a three-year high, according to a new survey, with 69 percent of women rating their confidence level as good or very good.

Nearly 40 percent of working Americans say that they will never afford retirement, according to a new survey by the American Institute of CPAs.

DESPITE EARNINGS DROP, ADVISORS STILL SATISFIED