Monday, January 09, 2006

 

Congress, Industry Prep For Baby Boomer Wave

This year will see the first wave of baby boomers turn 60, and they - and financial advisers - won't lack for products and ventures that will make "the spending years" easier.

New undertakings include governmental participation in automatic enrollment for businesses. Of course, education for both investors and advisers is crucial, and retirement industry professionals are optimistic about the chances for increased support from the government, said Tom Foster, vice president with The Hartford (Conn.) Financial Services Group Inc.

Congress, Industry Prep For Baby Boomer Wave
Source: Investment News (subscription required)

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