Finances a Top Source of Stress for Most Women
With uncertainty and financial anxiety on the rise, there is much opportunity for advisers to help women reach financial goals.
Data & Research
Milken Institute Research Explores Federal Accounts for Newborns
The “Invest in America” accounts would provide all U.S. children with a federal government-funded $1,000 grant to be invested and...
The Importance of Leveraging Technology to Improve Financial Wellness
Although 94% of employers reported in a recent survey that they are responsible for their employees’ financial well-being, only 57%...
Gen Z Total Income Reaches $1.1T
Those age 16 to 26 are cautious with money: 52% of those working say they save at least one-quarter of...
Americans Plan to Increase Savings Amid Concerns About Affordability
Nearly seven in 10 mass affluent respondents (an income level at or above $90,000 annually) plan to increase their savings...
Vanguard Credits Strong Plan Design and Markets for Improved Account Balances
With more defined contribution retirement plans offering automatic features and increasing default deferral rates, Vanguard found that participant outcomes remained...
Many Plan Sponsors Don’t Feel Responsibility for Participant Retirement Goals
MFS found that plan sponsors earned a C+ grade for their confidence in their participants’ ability to retire at the...
Public Pension Plans Reach 5-Year High of 83.1% Funded
The funds returned 9.47% in fiscal 2024, according to a National Conference of Public Employees Retirement System study.
Adviser Industry Faces Significant Shortage, per McKinsey Report
Growing demand for financial services is expected to require as many as 110,000 new advisers in the next nine years.
Lower Fees Could Drive Greater Managed Account Adoption Among Plan Sponsors
A new survey finds that cost remains a key barrier to managed account adoption, but 70% of plan sponsors would...
Public Sector Employees More Likely to Stick with Default Retirement Investments
A new report from MissionSquare revealed how demographic and economic factors influence investment decisions.
Women’s Growing Financial Power Could Reshape Wealth Management, CFP Reports
As women control a greater percentage of assets and take charge of household finances, they are increasingly turning to professional...
Generative AI, Email Scams Lead Cyber Fraud in 2024
One of the biggest challenges executives cite in fraud prevention is that employees don’t always follow fraud prevention policies, according...
DC Retirement Plan Balances and Contributions Rising, Fidelity Reports
More than two-thirds (69%) of employees and 67% of employers endorse retirement plans as a ‘must-have’ employer benefit, according to...
ERISA Industry Committee Outlines Latest Employer Priorities
In its letter to Congress, ERIC urged lawmakers to ‘preserve and protect’ ERISA, maintain tax incentives in health and retirement...
American Benefits Council Advocates for Tax Preferences for Next 5 Years
In its policy guide, the national trade association emphasized the importance of protecting retirement and health plans under ERISA and...
Most Workers Acknowledge the Importance of DC Plans
Nearly half of individuals with a DC plan said they probably would not be saving for retirement if not for...
Saver’s Match Could Significantly Decrease Wealth Gaps, Morningstar Says
The Saver’s Match could significantly boost retirement savings, with promotion of the program by the government, plan sponsors, and the...
Total Number of Advisers Has Stagnated, Cerulli Reports
While AUM continues to grow, training, mentorship and succession planning could all help address the headcount stasis.
Strategies for Enhancing Portfolio Management
According to the Carson Group, investors are leveraging equity factors like momentum and low volatility and adopting active fixed-income strategies.