Monday, 23rd November 2009

 

4 November 2009 - Press Briefing

Merrill wealth unit rolls out training scheme for brokers

Merrill Lynch Global Wealth Management has rolled out a training programme to help its 15,000 brokers devise a retirement income scheme for their clients, according to a report in Investment News.

The approach factors in four aspects of risk - the probability of customers outliving their assets, inflation, health care expenses and planning risks, and the risk of clients' not amending their plans as required - said Aimee DeCamillo, chief of personal retirement solutions at MLGWM.

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