This Year’s Retirees to Spend $185K on Medical, Healthcare Costs, per Fidelity
The figure jumped by more than 7% year-over-year.
Data & Research
Balancing Retirement Savings With Family, Financial Stability Concerns
Seventy-five percent of surveyed adults said they would prioritize financially helping a loved one, even at the risk of delaying...
Employees Trust Advisers, but Doubt Retirement Readiness, per NFP
Nearly 90% of surveyed employees trust employer-provided financial advisers, yet most are still unsure if they are prepared for retirement.
Schroders: Retirement ‘Magic Number’ Hovers at $1.2 M
On average, workplace retirement plan participants guessed they would need $1.2 million to retire comfortably, according to a Schroders survey,...
JP Morgan: Participants Willing to Hand Retirement Planning to Professionals
Nearly two-thirds of surveyed defined contribution plan participants relied on their own financial adviser or one provided by an employer...
Alts Studies Find Widespread Adviser Adoption, Growing Sponsor Interest
Ninety-five percent of advisers surveyed by Cion, YCharts and Compound Insights reported using alternative investments in client portfolios.
Advisory Organic Growth Comes From ‘Will,’ ‘Skill,’ per Study
High-growth advisory practices are more likely to offer financial planning and work in teams, according to a report by analytics...
401(k) Participants Pay ‘Wrong’ Debts First, per Vanguard
The best retirement outcomes result from participants paying down higher-interest debt and maximizing their employer matches, according to a recent...
Recordkeepers Prioritize PEPs to Spur Growth
Nearly 60% already recordkeep the increasingly popular pooled plans, with an additional 17% planning to do so within the next...
Clients Want Advisers Who Know Estate Planning, per Survey
More than half of surveyed clients expected their financial adviser to offer estate planning.
AI Adoption Brings Client, Adviser Returns, per Studies
Nearly 70% of advisers believe artificial intelligence has had a positive effect on their industry, according to Edward Jones.
Most Women Lack Confidence in Managing Finances, per RIA Survey
Only 31% of surveyed women felt highly confident taking control of savings and assets, according to Beacon Pointe Advisors.
EBRI: Financial Capability Linked With Workplace Financial Education Programs
Even when controlling for demographic variables, positive relationships remain, according to data from a joint study.
What Advisers Look for in Wholesalers
Fuse Research Network found that 61% of surveyed advisers most valued strong investment knowledge.
Annuities Reduce Retirees’ Financial Stress, Academic Paper Finds
Fewer financial worries and increased longevity were among the benefits reported by Chilean retirees surveyed about guaranteed income.
Getty Images Finds Missed Opportunities in Financial Firms’ Branding
While 78% of surveyed consumers consider video the most engaging visual format, only 11% of finance firms use it in...
Retirees of All Income Levels Reduce Spending Over Time, per Study
Prudential’s David Blanchett argued that retirees’ decreased spending is mostly due to choice, rather than financial hardship.
Small Business Owners Need Wider Adviser Support, per Voya
More than 90% of small business owners surveyed said advisers should be equipped to help with employee retention.
Recordkeepers’ Service Models, by the Numbers
Three dozen recordkeepers give insights into what they offer plan advisers, sponsors and participants.
Why Does Gen Z Like Roth Plans?
According to Fidelity, 21% of Gen Z participants contribute to a Roth 401(k)—and overall Roth participation is rising.