High-Net-Worth Investors Share Longevity Concerns for Wealth Transfer Planning, per BofA
More than 90% of wealthy Americans surveyed believe longevity is a key factor in how they plan their finances.
Data & Research
One-Third of Financial Fraud Victims Did Not Contact Law Enforcement, per CFP Board
The nonprofit’s survey found that embarrassment, shame and uncertainty of whom to contact all contributed to an underreporting of financial...
Semiliquid Fund Assets Double in 4 Years, While DC Plans Lag in Adoption
Morningstar reported that semiliquid funds contain nearly $600 billion in net assets, as of March.
Vanguard: DC Plan Designs Drive 25-Year Record Outcomes
Participation and default rates—among other measures of accumulation success—continued to rise last year.
Managed Accounts Can Improve Plans That Have Lower Defaults, No Escalation
According to Morningstar, younger savers especially can benefit from compounded interest.
DC Plans Show Openness Toward Fixed Income, per PIMCO
As markets take a more active investment approach, surveyed plan sponsors said they would pay an additional 15 basis points...
Most Savers Lack Clear Plan for Retirement Spending, per Corebridge
Pre-retirees will need to save six-figure sums to make up for gaps caused by cut Social Security benefits.
401(k) Participants Redirected Flows Into Fixed Income in May
Investors adjusted their portfolios through trading, but their accumulation strategy remained unchanged, according to Alight.
AI Governance Grows at Uneven Pace
A corporate survey found 80% of respondents said their managers had a ‘hands-off’ approach to artificial intelligence.
Young Americans: Open About Money, Generous With Donations
Recent reports revealed that Generation Z savers budget openly with friends and that Millennials are giving more to charity.
Vanguard Reframes Discussions Around Retirement Income
Investors are encouraged to consider the purpose behind their choice of products.
Survey Finds NQDC Plans Effective, but Still Underused
88% of plan sponsors said nonqualified deferred compensation plans effectively create long-term financial wellness, according to a survey from PLANSPONSOR...
ICI: 61% of Traditional IRAs Have Rollover Assets
Nearly two-thirds of traditional individual retirement account owners consulted with advisers before moving their assets.
Independent RIAs Hit $1B at Nearly 4 Times Last Year’s Pace
More advisory firms are hitting scale at a consistent pace, according to the wealth intelligence platform Fintrx.
Financially Strained Employees Seek Benefits Guidance
As current economic pressures can reduce retirement savings, employers can help workers rebuild financial well-being.
Financial Surveys Turn Up Gender-Specific Challenges
Nearly one-third of women investors reported communication gaps with advisers, and many married couples avoid key financial conversations altogether, according...
Financial Independence Lags Among Millennials, Gen X, per Northwestern Mutual
More than half of surveyed Millennials said they would not be able to support themselves if they needed to.
Polled Adults Score 37% on Retirement Know-How, per Study
US adults also had the lowest level of general financial literacy in the past decade, according to the TIAA Institute...
DC Plan Roth Contributions, by the Numbers
Defined contribution plan sponsors share whether they offer Roth contributions and in-plan Roth conversions.
Real Assets Emerge as Key Portfolio Diversifiers
Timberland, farmland and commercial real estate are gaining attention as protectors against market volatility, according to Bank of America.