Search results for: Millennials
Americans Expect Financial Security to Be Elusive in Retirement
Among all age groups, 76% think people in their generation will have a harder time achieving financial security in retirement than their parents, the Transamerica Center for Retirement...
Retirement Industry ESG Headcount, Product Set Grows
As the product set expands, knowledge about the topic of “ESG investing,” and how this relates to ERISA’s demands, is expected by many plan sponsor clients and prospects.
Parents and Kids Both Influence the Flow of ‘Modern Money’
Shifting attitudes about supporting adult children financially have helped reshape Americans’ thinking about wealth and retirement readiness, according to Ameriprise Financial survey data.
Millennial Misconceptions: Younger Workers Prioritize Retirement
Millennials may make different life choices than previous generations, but they are also more engaged at an earlier age with retirement savings in the workplace.
Plan Design, Education and Advice Can Improve Participant Retirement Savings
Defined contribution plan participants and non-participants surveyed by Natixis shared incentives that would encourage them to save or save more for retirement.
Millennials Offer Opportunity to Provide Investing Help
While a survey finds the majority of Millennials are investors, the top three reasons some Millennials do not invest are they do not have enough money to do...
Pentegra Releases Millennial SmartPath
Pentegra Millennial SmartPath is a report detailing best practices and strategies for Millennials to help improve retirement readiness and overall financial wellness.
Gig Workers Report Being More Involved in Their Finances
Although only 56% of independent workers are actively saving for retirement, they are just as likely as traditional workers to feel they are financially prepared for retirement, a...
Half of Americans Believe All Advisers Must Act in Their Best Interest
Many do not know if their adviser is technically a broker/dealer or an adviser, Personal Capital learned in a survey.
Self-Directed Brokerage Accounts Fell 10.6% in Value in 4Q18
Account values fell sharply from the previous quarter and were 6.3% lower than the previous year, according to Charles Schwab’s SDBA Indicators Report.
CSAA Helps Its Employees Pay Down Student Debt and Save for Retirement
Employees must contribute 2% of their salaries to the retirement plan, which then allows them to direct up to 4% of their employer match to pay down their...
Workplace and Retail Advice Should be Complementary
Workers higher up on the income scale typically will utilize workplace retirement advice to get a trusted second opinion, as many of them have an outside primary adviser...
IRA Owners Who Interact with Advisers Most Likely to Make Regular Contributions
Among those who make ongoing contributions, 53% were approached by a financial services company or professional to set it up.
Americans Fear Nation Faces a Retirement Crisis
They also believe that pensions do a better job than 401(k)s in terms of ensuring retirement security.
Investors Still Prefer Live Advisers to Robo-Advisers
However, they expect their adviser to be technologically savvy.
Debt Weighs Heavily on Millennials
They may be grappling with debt for decades to come, according to Nationwide Advisory Solutions.
Investment-Oriented
Climate Change and ESG
The news drives interest in ESG, but the change to widespread adoption is slow
Beyond (k)
Student Loan Debt Relief
How to help workers alleviate the burden so they can begin to save
BlackRock Recommends Easy Solutions to Alleviate Barriers to Retirement Saving
Respondents to BlackRock’s 2019 Global Investor Pulse survey cited other financial concerns and intimidation about investing as reasons for not saving for the long term.
Managed Account QDIA Mechanics Challenge Plan Sponsor Clients
ERISA attorneys and plan design consultants say they are hearing more questions from sponsors about using managed accounts as a plan’s default investment, but the most common use...