The Role of HSAs in Financial Wellness and Retirement
Financial providers can partner with employers to offer the benefit and help employees achieve their goals.
Number of Women in Asset Management Roles Remains Stagnant
Morningstar and the CFA Institute have found the United States is among the nations with the lowest number of women in financial services.
Many Near-Retirees Don’t Understand Social Security Benefits
More than one-third failed a basic Social Security quiz administered by MassMutual.
Hedge Funds and PE Firms Lead in Digital Tech
A Broadridge Asset Management expert explains how financial advisers can follow in their tracks.
Employers Returning to Pre-Pandemic Benefit Goals
Many are refocusing on financial wellness programs and retirement income options.
What Advisers Should Know About RMD Rule Changes
A new research report out of the Wharton School suggests changes to required minimum distribution (RMD) rules might not have as big an impact in practice as many might expect, though one subset of clients seems likely to benefit the most from an older RMD age.
Even Top Financial Advisers Have Been Hurt by COVID-19
However, many are implementing new practices and technologies to combat these effects.
Pandemic Forcing Many to Retire Earlier Than Anticipated
Nearly 70% of retirees say they retired earlier than they had expected, up from 50% in 2020.
Women Face More Financial Challenges Due to COVID-19
Financial advisers can help them through a mix of offerings and communication.
Addressing Millennials’ Debt vs. Saving Dilemma
A number of Millennials are misinformed about when to save and invest for retirement, and they need plan sponsor help with student loan debt.
Pandemic Lessons: The Importance of the Savings Hierarchy
Some Say Union Revival Could Address Retirement Insecurity
Analysis Shows Participant Fees Higher in Plans With Revenue Sharing
Researach also found that mutual funds that pay revenue sharing are more likely to be added to plan investment menus and are less likely to be deleted from them
Millennials Hit Hardest During the Pandemic
Many have dipped into their retirement savings, and some have even stopped or cut back on their contributions.
