Data & Research

Nearly three-quarters (72%) of Millennials developed their written financial plans with professional help, Charles Schwab finds.

While most employers would disagree if Congress were to reduce pre-tax savings limits, 85% surveyed would continue offering a plan.  

Most older Americans know very little about annuities, but the majority believe a source of guaranteed lifetime income in retirement is important, according to a study by the...

Ascensus found that employees who decided to enroll in their employers’ retirement programs after receiving targeted communication deferred on average 6.24% of pay.

The aim is to help advisers have more nuanced conversations with their clients and for sponsors to see how they compare to other companies in their industry.

A recent study finds that out of all generation groups, Millennials are the most likely to choose financial security over vacation, cars and smartphones. 

In a world of heightened fee pressure and low long-term returns, asset managers are redesigning widely used TDFs and some are turning to strategic beta. 

Research by Charles Schwab finds majority of employees would engage with a financial wellness program if offered one, and employers are taking note. 

$7.4 trillion is currently invested in individual retirement accounts, the ICI reports.

At year end 2016, the percentage of participants with an outstanding loan balance was 17.0%, compared with 17.4% at year end 2015.

A new report by the Spectrem Group finds that several Americans lack confidence in saving properly for retirement, with the most concerned belonging to the Baby Boomer generation. 

Achieving retirement aspirations requires more than saving, investing and planning, it also depends on staying in good health, a survey report notes.

The use of automatic features has also benefited participants, Vanguard says.

Investors understand the value of getting financial advice; 76% of those polled say a financial adviser can help them achieve their financial goals.

Men are more concerned about short-term volatility than women.

Ninety-nine percent believe they have a responsibility to help their employees prepare for retirement.

Women with children are much more likely than men to see job disruptions and a loss in retirement savings, warns a new MFS survey. 

Longevity, lower investment returns, and inadequate savings are contributing to a growing shortfall in what individuals will need for a longer retirement, a report says.

One-quarter of people in the 18 to 29 age bracket are planning on drawing down from Social Security in their retirement.

There has been at least $1 billion worth of U.S. single premium pension buyout sales during each of the last eight quarters.