The Retirement Savings Challenge » 401k

Many investors are not taking advantage of company 401(k) match

jayme_lacour@putnam.com — Thu, 05 Aug 2010 17:27:32 +0000

The recession has compromised the ability of many investors to save for retirement. These are the findings of an annual study performed by Hewitt Associates sampling nearly 3 million employees from 120 large companies. The study was based on data gathered in 2009. The study found that: 28.2% of workers do not contribute enough to receive the [...]

Washington viewing annuities as part of a lifetime income solution

jayme_lacour@putnam.com — Thu, 11 Mar 2010 18:50:38 +0000

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 Middle Class Task Force noted that 401(k) regulations need to be updated to improve transparency and reliability. [...]

SEC eyes target-date funds

paul_ahearn@putnam.com — Thu, 04 Mar 2010 16:31:55 +0000

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 mix of stock and bond funds with dynamic allocations that shift over time, typically becoming more [...]

Putnam’s Robert L. Reynolds urges action in 2010 to strengthen all of America’s retirement savings systems

paul_ahearn@putnam.com — Thu, 04 Feb 2010 19:09:06 +0000

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 administration to launch a comprehensive effort this year to strengthen all of America’s retirement savings [...]

Taking the Next Step in Lifetime Income Planning

paul_ahearn@putnam.com — Wed, 03 Feb 2010 18:13:00 +0000

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 guaranteed income products into one seamless solution. Read the text from his speech, given at [...]

2010: The Year of Retirement Reform

paul_ahearn@putnam.com — Mon, 01 Feb 2010 21:32:22 +0000

Robert L. Reynolds talked to CNBC about a Putnam-sponsored survey on investors' attitudes toward retirement investing and his views on the future of retirement saving in America. The views and opinions expressed are those of Robert Reynolds, President and CEO of Putnam Investments, are subject to change and are not meant as investment advice. Mr. Reynolds is affiliated with Putnam Retail Management.

Why the 401(k) Will Prevail — And How

jayme_lacour@putnam.com — Thu, 21 Jan 2010 16:09:37 +0000

Ed Murphy, Putnam's Head of Defined Contribution, partners with the Profit Sharing Council of America to discuss how the 401(k) program will continue to adapt and improve to meet the needs of the American workforce. Why the 401k Will Prevail — and How

The need for assured income assets in 21st century retirement plans

jayme_lacour@putnam.com — Tue, 03 Nov 2009 18:11:39 +0000

In his keynote address to retirement industry leaders at the recent Pensions & Investments West Coast Defined Contribution Conference, Putnam Investments President and Chief Executive Officer Robert L. Reynolds emphasized the growing need for assured income assets in retirement savers’ portfolios. As American workers live longer, and as income from traditional sources like pensions and Social [...]

Solving the Lifetime Income Challenge: Hedging the Sequence of Returns Risk with Absolute Return Funds

jayme_lacour@putnam.com — Mon, 12 Oct 2009 22:09:18 +0000

Previously, we saw how the sequence of returns your portfolio experiences after you’ve retired can affect your nest egg. We reviewed how robust returns early in retirement could help afford a steady stream of income and a substantial legacy. We also saw how disastrous returns early on can cause your portfolio to run out of money [...]

Solving America’s Lifetime Income Challenge

jayme_lacour@putnam.com — Tue, 06 Oct 2009 21:53:16 +0000

Millions of Americans are facing a huge problem: how to create sufficient income in retirement. Putnam CEO Robert L. Reynolds presented a solution at the National Investment Company Service Association’s October conference. Review his presentation to see how Putnam is making workplace plans less volatile and helping people achieve more successful retirements. Solving America's Lifetime Income Challenge View [...]