This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

John Hancock Financial Network National Survey Of Non-Retired Investors Points To Opportunity For Retirement Income Experts

Stocks in this article: MFC

BOSTON, Nov. 1, 2012 /PRNewswire/ -- In a recent national survey of non-retired investors, 90 percent of respondents said they felt it would be important to have a strategy in place for using their savings and investments to generate a regular income in retirement by the time they are 60 years old. Nearly 70 percent (69%) said they had or expected to have such a plan, yet only half of those respondents said they have used or would use their existing financial professional to develop it, according to the study conducted by Mathew Greenwald & Associates for John Hancock Financial Network.

Of the 70 percent with a retirement income plan, or who expect to develop one, nearly four in ten (38%) said they would create the plan on their own. Twelve percent (12%) would use a new financial professional, and four percent would seek a retirement income specialist specifically. Almost six in ten respondents who use advisors (58%) felt that it is important that their financial professional have some special retirement income certification in addition to other required credentials.

"The study shows there is a significant opportunity for financial professionals to grow their business," said Bruce Harrington, vice president, Sales and Business Development, John Hancock Financial Network. "With nearly 60 percent of non-retired investors who use advisors saying they felt it would be important to have special credentials in retirement income planning, we think advisors who have this additional training have a clear competitive advantage and should do well."

Harrington explained that it was good to see the national survey support the feeling that financial professionals with retirement income training and tools can be a tremendous resource for clients, protecting their nest eggs and reducing their stress. Last year, JHFN launched a comprehensive program to help financial professionals walk through retirement income issues with clients and create a customized strategy.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,677.90 +216.58 1.32%
S&P 500 1,950.82 +23.71 1.23%
NASDAQ 4,452.7920 +69.9450 1.60%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs