Search results for: Millennials
Adult Children May Undermine Parents’ Retirement Security
Six in 10 American parents support their adult children financially, according to a study from the LIMRA Secure Retirement Institute.
A Good Score for Retirement and Health Savings
Saving for retirement and health care expenses was a priority for employees of all ages during the first half of 2014, a new report shows.
Some Millennials Don’t Trust Any Finance Advice
The results of Fidelity’s “Millennial Money Study” show one in four Millennials trust no one when it comes to financial advice.
Baby Boomers, Millennials Should Switch Retirement Investing Goals
Maximizing growth is the number one priority Baby Boomers have for their retirement assets, according to the MFS Investing Sentiment Insights Survey.
Study Finds Millennials Warming to Market Risk
Millennials are famous for being highly risk-averse investors, but new research from Hearts & Wallets LLC suggests the youngest investing cohort is ready for more risk.
Loans May Have Ripple Effect on Retirement Plan Savings
Taking a retirement plan loan can have a big impact on a participant’s retirement income, especially if the participant does not pay the loan back or stops contributing...
Advisers Can Differentiate With Financial Wellness
Financial wellness programs can be a value add for advisers, especially when they help drive retirement readiness and address the roots of participant inactivity.
Study Finds Some Millennials Are Eager for Advice
Some subsets of Millennial investors are just as likely as their parents to seek professional financial advice, according to new research from Phoenix Marketing International.
practice management
More Than Just an Acronym
The importance of adviser credentials in an evolving and competitive marketplace
servicing strategies
Tools of Engagement
The technology advisers increasingly use to involve participants
Editor’s Letter
The Value of ERISA
We’ve written much over the years about research showing each generation has its own idea of what “retirement” means.
Millennials Consult Parents Over Pros on Finances
Financial services providers are failing to connect with the Millennial generation, according to new study by BNY Mellon and the University of Oxford.
Online Advice Firms Will Be a Disruptive Force
The emergence of digital technology and increasingly connected investors has the potential to unsettle the dynamics of the financial advice industry, according to a Celent report.
From Participation to Engagement
Retirement plan participants who receive regular advice from a financial professional are more aggressive and engaged when it comes to pursuing individualized savings targets, a new study shows.
Nearly Four in 10 Report No Retirement Savings
Thirty-six percent of Americans polled have not saved any money for retirement, according to a new Bankrate.com report.
Automatic Features Can Break Short-Termism
Automatic enrollment and deferral escalation features are quickly becoming the top tools for advancing retirement plan participant savings under the defined contribution paradigm, according to Cerulli Associates.
A Look at Adviser Opinions, Challenges
Only 18% of advisers surveyed target Gen Y clients, and 57% prefer new clients with assets of more than $250,000, according to The Principal Financial Well-Being Index: Advisors.
Millennials and Gen X Have Different Savings Goals
Retirement plan sponsors should recognize that different age groups have different financial priorities and investment outlooks, according to Cogent Reports, a division of Market Strategies International.