Giving Financial Professionals an Edge in Retirement Income Planning
Comprehensive program of training, support and tools available from The Principal
May 21, 2009 (Des Moines, IA) — Barely a third of Americans nearing retirement have made a financial plan for their golden years. With some 78 million baby boomers approaching retirement, financial professionals with the right knowledge and tools may have an edge in competing for their business.
A comprehensive program from the Principal Financial Group® gives them the resources they need to help tap into the burgeoning retirement income market.
Principal Retirement Income EdgeSM offers education, tools and other resources to help financial professionals meet client needs and grow their retirement income planning business.
"There is no one-size-fits-all approach to retirement income planning. Financial professionals play a critical role in the complex task of turning a nest egg into a lifetime income," said Ron Danilson, senior vice president, Retirement and Investor Services at The Principal®. "Principal Retirement Income Edge helps financial professionals design tailored solutions for their clients."
The program includes:
- A broad spectrum of products—from mutual funds to annuities to CDs—all under one roof
- Prospecting and marketing materials
- Retirement income planning seminars for financial professionals and their clients
- Retirement planning checklists
- Educational materials and thought capital
"The Principal has been helping people transition into retirement and manage income for more than 65 years," said Danilson. "Principal Retirement Income Edge combines our vast resources and expertise into one program focused on helping financial professionals work with individual clients and employer plan sponsor clients. Watch for more tools in the coming weeks and months."
About the Principal Financial Group
The Principal Financial Group®(The Principal ®) is a leader in offering businesses, individuals and institutional clients a wide range of financial products and services, including retirement and investment services, life and health insurance, and banking through its diverse family of financial services companies. A member of the Fortune 500, the Principal Financial Group has $236.6 billion in assets under management and serves some 18.8 million customers worldwide from offices in Asia, Australia, Europe, Latin America and the United States. Principal Financial Group, Inc. is traded on the New York Stock Exchange under the ticker symbol PFG. For more information, visit www.principal.com.
Insurance products from the Principal Financial Group issued by Principal National Life Insurance Company (except in New York) and Principal Life Insurance Company. Principal Funds, Inc. is distributed by Principal Funds Distributor, Inc., member of the Principal Financial Group®.Securities offered through Princor Financial Services Corporation, (800) 247-1737, member SIPC and/or independent broker/dealers. Securities sold by a Princor Registered Representative are offered through Princor®. Bank products offered through Principal Bank®, member FDIC, Equal Housing Lender. Principal National, Principal Life, Princor, and Principal Bank are members of the Principal Financial Group, Des Moines, IA 50392. Insurance, securities and annuities are not FDIC insured, not obligations or deposits of Principal Bank, not guaranteed by Principal Bank, and may be subject to investment risks, including possible loss of the principal invested.