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 in which nearly 70% of respondents said they believe it is vital for politicians to act [...]

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 [...]

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.

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 [...]

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 [...]