Sixty-four percent of Millennials say they are confident about making investment decisions—but this soars to 85% when working with an adviser.
Research also found the youngest and oldest investors were most perceptive to using employer-sponsored retirement planning resources.
In addition, the number of health savings account holders on Fidelity’s platform increased 35% over the last year.
The technology conversation is no longer simply about the amount of data available, but rather how it is used and, more specifically, how granular it is, as to the view it affords advisers.
Fewer than one-third of Americans have $100,000 or more saved for retirement, an IALC survey finds.
By making workers aware of health and financial benefits, employers can make their workforce more engaged and productive—and avoid costly expenses.
However, Fidelity Investments found that 25% of investors have switched to more conservative investments since 2007.
Yet only 20% have taken any step toward funding their long-term care expenses.
This can put a person’s retirement in jeopardy, The Pew Charitable Trusts says.
A survey of the newly retired finds 40% spend more for health care than they’d expected.
This is especially true for Millennials, Bankrate.com found.
The firm is partnering with bilingual education expert Rebecca Heaton Juarez to deliver broader-based financial wellness and participant educational services in multiple languages.
The difference owes to the pay gap between men and women, the tendency of many women to take a career break to raise or care for family, and women’s longer life expectancy.
All retirement plan advisers need to do is provide plan census data.
However, they report they have more in savings than in credit card debt.
The Eight Circuit Court of Appeals has backed the decision of a lower court to summarily dismiss a lawsuit filed by participants in an over-funded defined benefit plan run by U.S. Bank.
The head of Wells Fargo Institutional Retirement and Trust reflects on a strong boost in investor optimism measured in a recent survey published by the firm—and on the specter of ballooning health care cost projections.
Shlomo Benartzi shared tricks for ‘digital nudging’ with attendees of the 2017 PLANADVISER National Conference.
Research finds that participants who set goals are more likely to save more for retirement and more likely to feel confident about retirement—even in the face of competing priorities.
Participants age 50 and older need more personalized advice, advisers say.