Advisors are more committed than ever to helping clients with their retirement income planning but they face a host of challenges, including not knowing where to go to build their knowledge of retirement planning.
In its most recent quarterly survey of financial advisors, Russell Investments found that advisors are dedicating more time to learning about retirement income strategies with more than 98% saying they are trying to build their expertise in the subject matter. However, there seems to be no consensus on the right resources to consult, according to the 353 advisors surveyed. Respondents reported they are turning to a variety of sources, including online materials and books (68%), industry peers (52%), fund companies (49%) and accredited courses (45%).
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