September Fund Thought Leadership Insights: Top Five Retirement Pieces of the Month

by on Sep 23, 2013

Sitting on a tropical beach. Relaxing by the fishing hole. Reading a good book and taking care of the grandkids. Not everyone agrees on what theretirement-1 perfect retirement looks like, but one thing is clear: retirement requires preparation. This month, we highlight five thought leadership pieces across the asset management industry focusing on retirement savings:

#1 Fidelity – Five Retirement Moves to Make Now
Fidelity’s Chris Taylor addresses five key concerns for retirement investors: inflation, longevity, diversification, the temptation to tap into savings early and the need to cut spending. Taylor advises retirees to consider maintaining stock exposure to dampen inflation’s impact. The piece also discusses opportunities to secure income through retirement, for example with annuities.

 

Fidelity’s Five Retirement Moves
Fidelity’s Five Retirement Moves
#2 Vanguard – The Importance of Staying Cost-Conscious in Retirement
Vanguard focuses its discussion on watching costs in retirement. The firm notes that funds with low expense ratios can help mitigate losses to an account over time. Vanguard ties the firm’s signature low-cost proposition into the retirement discussion, helping to promote the firm’s products and explain how fund expenses can impact retirement.

Vanguard Discusses Cost Conscious Investing and Retirement
Vanguard Discusses Cost Conscious Investing and Retirement
#3 Franklin Templeton – The Pursuit of Happiness: Investing for Post-Career Living
This white paper analyzes changes in retirement caused by increasing lifespans. The firm discusses various behavioral issues that make it harder to save, such as overemphasizing the present and loss aversion. To counteract these, Franklin Templeton suggests five steps towards creating a good retirement plan, noting that planning ahead can help reduce stress.

 

 

Franklin Templeton on Longevity
Franklin Templeton on Longevity
#4 Putnam: Are Clients Financially Ready for a Long Retirement
Similar to Franklin Templeton, Putnam, addresses the issue of longevity. Speaking to a financial advisor audience, the firm’s Bill Cass, discusses latest figures from the Social Security Administration and the CDC on life expectancies, which have grown substantially over time. Cass recommends that advisors use new figures on lifespans to address client needs for planning and aggressive investment strategies.

Putnam Addresses Longer Lives
Putnam Addresses Longer Lives
#5 AllianceBernstein: Let the Sunshine In! Benchmarking Brings Clarity to Retirement Plans
AllianceBernstein’s Craig Lombardi addresses defined contribution plan sponsors in this post, explaining the benefits of benchmarking a retirement plan. Lombardi notes that a benchmark can help administrators stay on top of their fiduciary responsibilities as well as keep track of fees, investments and participation, among other metrics. The firm recommends working with a financial advisor to benchmark a DC plan against other retirement offerings.

 

 

AllianceBernstein Speaks to Plan Sponsors
AllianceBernstein Speaks to Plan Sponsors
Interested in learning more about how investment managers promote retirement planning? Check out the September Mutual Fund Monitor Monthly Report on Retirement Centers due out at the end of this month. For more information on the report or becoming a Mutual Fund Monitor subscriber, contact Fred LaPolla at 212-832-2002 x-121 or flapolla@corporateinsight.com.