More 401K Investors Want Asset Allocation Help and More Control on Their Investments
07/26/2011 0 comments
According to a recent article on financial-planning.com 89% of 401(k) Investors Want Allocation Help a study by the ING Retirement Research Institute conducted by the Boston Consulting Group. more people want asset allocation help.
Here are some keypoints from the article:
- 89% the 2,600 401(k) investors surveyed would like help with asset allocation, 84% want solutions for calculating and creating retirement income, and 79% would like an annual financial checkup to set and measure their progress.
- "... consumers highly value choice, yet too much can be overwhelming. Consumers also value the control to make their own retirement-planning decisions but want detailed instructions on how to accomplish their financial objectives.”, said Lynne Ford, CEO of ING Individual Retirement.
We found ING's RetireWithING.com is useful and intuitive. In the coming months, we will release more tools and features in asset allocation such as using Guru's (lazy portfolios') asset allocation templates in your 401K plans, holistic view of multiple portfolios and retirement cash flow strategy studies.
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