CareerMoney

Retirement planning will be a top growth business this decade

Posted on 05 January 2010

By Mark Miller

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Retirement planning will be the second-fastest growing industry in the decade ahead–second only to voice-over-Internet telephony. That according to a projection of industry revenue growth by IBISWorld, a market research firm.

Revenue in the retirement planning field is expected to jump 134 percent by the end of the decade, driven by a rebound in asset values and demand among baby boomers to get their financial houses in order. However the study doesn’t predict whether the growth will be concentrated at large banks and brokerages, or small independent advisers. Via Investment News.

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