Thirty-eight percent of affluent investors responding to Merrill Lynch's Affluent Insights Survey said a less volatile stock market would encourage them to start saving more for retirement.
A paper suggests that lowering deferral limits to 401(k)-type plans wouldn’t make much dent in the U.S. budget deficit and could result in workers not saving.
Schwab Retirement Plan Services Inc. launched Schwab Index Advantage, a 401(k) plan offer designed to lower costs, simplify investing and help workers better prepare for retirement.
A study by The American College reveals small business owners show a strong bias for financial advisers of the same gender, with men exhibiting a stronger gender bias.