This post originally appeared on Money Cynic.
Advisors who manage portfolios designed to generate retirement income for their clients are facing a growing concern: rising interest rates. Many are looking for new solutions from asset managers and insurance companies, according to a report released by GDC Research and Practical Perspectives. The report says that a large number of advisors “still do not have the capabilities and processes in place to fully serve aging Boomer clients.”
The post Financial Advisors are Struggling to Provide What You Need Most: Retirement Income appeared first on Money Cynic.