Data & Research

They are focusing on their fiduciary responsibilities by moving to lower-cost investment options.

LIMRA finds that consumers want a one-stop-shopping approach to financial advice, which allows them to receive guidance on all aspects of their financial life from a single source.

Seventy-three percent of parents agree with the statement, “I’d be willing to delay my retirement to pay for my kids’ college education.”

Forty-four percent of single people are saving for retirement, compared to 63% of married people.

At the same time, employees in ESPPs are using company stock to address financial wellness needs.

In addition, more than one-quarter of recent retirees say life is worse because of income and cost of living.

PwC says there is a great need for financial wellness programs, as 53% feel financially stressed, and that this costs employers with 10,000 workers $3.3 million a year...

Despite the generally positive perceptions of the benefits of guaranteed lifetime income, only one in four survey respondents age 45 and up plan to purchase an annuity. 

It had sunk to an all-time low in 2016.

To minimize this risk, the CRR suggests parents keep household spending steady over time while sharply cutting back spending on themselves.

Ernst & Young says the best measure is employee engagement.

Researchers from State Street Global Advisors suggest policy changes that could improve retirement readiness for younger workers and late savers.

When asked how they would like to receive advice, respondents reported preferences for receiving advice as often as they have questions and through channels like email and 1:1...

A significant number of workers underestimates what they are likely to pay for health care in retirement and many are unaware of Social Security basics, a new survey...

Forty-four percent of middle-income women say this, compared to 14% of men.

Of the 36 education topics identified by a recent survey, 50% of the firms cover more than half of the topics, and 33% cover beyond two thirds.

Income from retirement accounts would replace a median 14% of pre-retirement income for workers between the ages of 55 and 65, a new study suggests.

A new study by the ICI finds that few DC plan participants stopped contributing to their plans in Q1 2017, and the rate of asset-allocation changes remained low. 

The Investment Company Institute has issued a report, “Ten Important Facts About 401(k) Plans.”

A survey from Prudential Financial finds workers in a gig job cite a lack of benefits as the biggest disadvantage.