A world of investing for retirement™
If a corporate executive reported to shareholders that the firm intentionally planned to operate with a negative cash flow for a period of 20 years or more, we could comment with some certainty that the shareholders would find this unacceptable. … Continue reading
A recent study released by the Employee Benefit Research Institute (EBRI) found that nearly half of early baby boomers are at risk of running short of money they will need for essential expenses in retirement. In fact, 47.2% of the … Continue reading
There are lessons to be learned from the sovereign debt issues that grew worse in recent weeks in Greece and other EU countries. First, the investment environment is global and we all need to adapt. And second, the United States … Continue reading
Investors in 401(k) plans may soon receive more detail about the fees involved in their plans if new regulations around fee disclosure are approved. The Department of Labor is expected to issue regulations this month that will detail how service … Continue reading
Speaking on April 14 at the Detroit Economic Club, Putnam CEO Robert L. Reynolds called for President Obama to create a bipartisan commission to come up with a plan to make Social Security solvent. Reynolds cited a recent Putnam survey … Continue reading
President Obama recently called for a change in rules to allow the use of annuities as investment options within 401(k) plans. Annuities are insurance agreements that provide a guaranteed income stream in retirement. A fact sheet released by the Administration’s … Continue reading
Target-date retirement funds are on the agenda this year on Capitol Hill as federal lawmakers and regulators promise to review how the funds are structured and sold. Designed to be a one-stop solution for investors, target-date retirement funds use a … Continue reading
Addresses Social Security solvency, universal coverage in workplace savings Speaking at the National Institute on Retirement Security in Washington, D.C., on February 2, 2010, Robert L. Reynolds, President and Chief Executive Officer of Putnam Investments, urged Congress and the Obama … Continue reading
Putnam CEO Robert Reynolds recently outlined his vision for transforming the retirement savings industry to better help investors create stable streams of income in retirement. One potential key to strengthening the system? Combining traditional mutual funds, absolute return strategies, and … Continue reading
