Student Loans Wreck Retirement Savings |
Student loans, when prioritized over retirement savings, can rob retirement investors of huge sums by age 65, a LIMRA study finds.
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Bounce in Adviser Headcount First in Nine Years |
Kenton Shirk, associate director at Cerulli, says many positive developments led to the headcount growth last year. “From the adviser perspective, there is a heavier focus on teaming and onboarding rookie advisers into multi-adviser practices.” But will the growth last?
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Less Than Six in Ten U.S. Adults Considered Financially Literate |
Survey finds around 3.5 billion adults globally, most of them in developing economies, lack an understanding of basic financial concepts.
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Many Investors Focus on Wrong Performance Factors |
No way around it—new research from TIAA-CREF into the way U.S. retirement savers think about their investments is downright troubling. Short-term thinking and ill-timed rebalancing are rampant.
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