Data & Research

FICO's latest consumer finance trend research finds only a third of consumers between ages 38 and 52 are confident they will reach their long-term financial goals.

To do so, they are making financial sacrifices.

Owners of health savings accounts (HSAs) are primarily using them for immediate needs, EBRI finds.

Those who are progressing with their goals are more likely to have a retirement plan, life insurance and at least one investment account, Lincoln found in a survey.

As more employers embrace the new “gig” or “flex” economy, the ranks of part-timers, including independent contractors, will continue to rise. Will employers change their retirement offerings?

Financial services firms are increasingly adopting technological tools, but consumers seem to still prefer a human face behind the machines.

An increased interest among employees for a full suite of health and financial wellness benefits is sparking employers’ interest.

Among employers offering Roth 401(k) savings programs, 40% now offer matching contributions.

Eighty-five percent believe they will be able to have the lifestyle they aspire to in retirement.

The amount of employers offering Roth contributions in their 401(k) plans rose by 50%, according to a study by T. Rowe Price.

Cost and oversight are cited as main obstacles.

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.