Schroders: Retirement ‘Magic Number’ Hovers at $1.2 M
On average, workplace retirement plan participants guessed they would need $1.2 million to retire comfortably, according to a Schroders survey,...
Tag: Schroders
Affordability Concerns Leave Retirees, Pre-Retirees in Need of Advice
Among surveyed employees, 61% reported reducing workplace benefit contributions due to inflation, according to Morgan Stanley.
Nuveen Offers to Acquire Schroders for $13.5B
The deal, which will create a firm with nearly $2.5 trillion in assets under management, is expected to close during the...
Only 10% of Pre-Retirees Want to Wait for Maximum Social Security Benefits
More than one-third of surveyed workers told Schroders they would not delay claiming Social Security until age 70 because they...
Schroders Announces Richard Oldfield as Group Chief Executive
Oldfield was promoted from CFO to run the asset manager and will succeed Peter Harrison on November 8.