Prudential Finds Most Americans Hesitant to Use Retirement Savings on Discretionary Items
The study found that financial planning improved spending confidence.
Data & Research
Longevity, AI Concerns Take Toll on Retirement Readiness, per TIAA
More than half of survey respondents cited running out of money as a top retirement concern, while many worried AI...
Employees Seek Improved Retirement Solutions in Wake of Financial Strain
Per a new Goldman Sachs survey, employees’ purported long-term financial confidence fails to match actions taken while in distress.
Vanguard: Small Plans Trail Large Plans in Auto-Enrollment Adoption
Automatic enrollment boosted participation in small business plans, according to the report.
Recordkeeper Data on PEP Adoption
Three dozen recordkeepers give insights into their strategies with pooled employer plans.
EIG: More Than 76M Workers Lack Employer-Provided Retirement Accounts
The Economic Innovation Group found nearly half of private sector workers do not have access to an employer-provided plan.
Invesco: DC Plan Participants Interested in Private Markets, but Struggles to Identify Them
The asset manager found many surveyed defined contribution plan participants did not understand which asset types counted as private market...
Mishandling of Client Assets, Adviser Time Could Gouge Profits
Wealth advisory firms may unintentionally undermine their bottom line as they seek to expand client relationships.
Retaining Inheritors as Clients Beyond the Great Wealth Transfer
A recent survey found most people poised to inherit in the next decade work with financial professionals, but only 6%...
Natixis Index Reveals Declining US Rank, Eroding Retirement Structure
Most survey respondents (81%) said they are becoming responsible for their full retirement fundings, breaking the three-pillar retirement model.
Private Market Returns in DC Plans Depend on the Plan’s Design, per CFA Institute
Researchers say plan fiduciaries should focus on participant outcomes, fees and portfolio construction vs. access to private assets alone.
Gen Z, Millennials Prioritize Retirement Savings as Homeownership Slips Further Out of Reach
Sixty-three percent of first-generation wealth builders said they would prioritize saving for retirement over buying a home, according to a...
ICI: US Retirement Assets Reach $51T in Q2
With an increase over Q1, defined contribution assets make up 33% of household financial assets.
Pre-Retirees Seek Retirement Saving Agency but Lack Investment Savvy, per Edelman
Among surveyed pre-retirees, 84% said they preferred to play an active role in their retirement planning and saving decisions.
AI Use Surges Among DC Advisers, Consultants, per T. Rowe Price
Task automation using artificial-intelligence-powered tools more than doubled among survey respondents since last year.
Most Retirees Rely On Irregular Savings Withdrawals, per Vanguard
Confusion about income streams and required minimum distributions left many mass affluent respondents underspending.
AI Brings Gains for Time Management, but More Mistakes, Too
While recent artificial intelligence developments are bringing new, flashy tools to adviser toolboxes, human necessities are taking a back seat.
EBRI: Universal Student Loan Match Program Could Boost 401(k)s by Billions Yearly
While younger borrowers are most likely to have debt, those in their 40s see the biggest difference in their 401(k)...
LIMRA: Final Q2 Annuity Sales Lower Than Expected
Second-quarter sales of annuities were $2.7 billion lower than initial projections.
August Saw Record Slow Trading in 401(k) Accounts, per Alight
It was the quietest August in 30 years of data for daily trading activity, as fixed-income investments continue to take...